DOW JONES–The European Central Bank (ECB) has allocated $122 million to four banks in its seven-day dollar tender. In the previous deal, which lasted over Christmas and the New Year, four institutions also asked for $480.5 million. The tender has a fixed interest rate of 3.89 (previously: 3.90) percent.

In 2020, the US Federal Reserve agreed with five other central banks, including the ECB, to improve the global supply of dollar liquidity in the wake of the pandemic crisis.

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(END) Dow Jones Newswires

January 07, 2026 05:06 ET (10:06 GMT)

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