ECB Calls For Bids In 42-Day Refi At 1% Fixed Rate

FRANKFURT (MNI) – The European Central Bank on Monday called for
bids on its 42-day longer term refinancing operation at a fixed rate of
1.00%.

Bids for today’s operation are due by 08:30 GMT on Tuesday. The
allocation will be announced shortly thereafter.

The new refis will settle on Wednesday and will expire on January
19, 2011.

–Frankfurt bureau. Tel: +49-69-720-142. Email: frankfurt@marketnews.com

[TOPICS: M$X$$$,M$$EC$]

Featured Videos