ECB allocates 18 million euros in 98-day repo transaction

FRANKFURT (Dow Jones) – The European Central Bank (ECB) has allocated 18 million euros for its refinancing business with a term of 98 days. This means that the bids of four institutes have been fully met, as the ECB announced. The banks in the euro area obtained 16 million euros more in liquidity. The deal will be valued on December 23, 2021 and due on March 31, 2022. This new tender will replace a refinancing transaction that was issued in September and had a volume of 2 million euros.

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(END) Dow Jones Newswires

December 22, 2021 05:37 ET (10:37 GMT)

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