On Monday, 26 January, the European Central Bank (ECB) announced its
weekly main refinancing operation (MRO). The auction was conducted on
Tuesday, 27 January, and attracted bids from euro area eligible
counterparties of €163.82bn, €38.57bn higher than the bid amount of the
previous week. The amount was allotted in full at a fixed rate
equivalent to the prevailing MRO rate of 0.05%, in accordance with
current ECB policy.
On Wednesday, 28 January, the ECB conducted a three-month longer-term refinancing operation to be settled as a fixed rate tender procedure with full allotment, with the rate fixed at the average rate of the MROs over the life of the operation. The auction attracted bids of €34.13bn from euro area eligible counterparties, which amount was allotted in full in accordance with current ECB policy.
Read more at Click here / www.trade4x.net
On Wednesday, 28 January, the ECB conducted a three-month longer-term refinancing operation to be settled as a fixed rate tender procedure with full allotment, with the rate fixed at the average rate of the MROs over the life of the operation. The auction attracted bids of €34.13bn from euro area eligible counterparties, which amount was allotted in full in accordance with current ECB policy.
Read more at Click here / www.trade4x.net
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