FRANKFURT (Dow Jones)–The demand from banks in the euro area for liquidity from the European Central Bank (ECB) has decreased in the one-week main refinancing operation. As the ECB announced, 8.039 billion euros were allocated after 9.984 billion in the previous week at a fixed interest rate of 3.15 percent. The bids from 38 (previous week: 34) institutions were fully satisfied. The banks in the euro area thus obtained 1.945 billion euros less ECB liquidity. The new deal is valued on January 15th and is due on January 22nd.
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(END) Dow Jones Newswires
January 14, 2025 05:46 ET (10:46 GMT)