FRANKFURT (Dow Jones)–Euro area banks’ demand for European Central Bank (ECB) liquidity has increased in the week-long main refinancing operation. As the ECB announced, 0.447 billion euros were allocated after 0.410 billion in the previous week at a fixed interest rate of 0 percent. The bids from eleven (previous week: twelve) institutes were fully served. The banks in the euro area thus procured 0.037 billion euros more ECB liquidity. The new deal is value dated June 8th and matures on June 15th.
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(END) Dow Jones Newswires
June 07, 2022 05:32 ET (09:32 GMT)