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, 6.508 billion euros were allocated after 8.472 billion in the previous week at a fixed interest rate of 4.50 percent. The bids from 30 (previous week: 40) institutions were fully satisfied. The banks in the euro area thus obtained 1.964 billion euros less ECB liquidity. The new deal is valued on December 6th and is due on December 13th.
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(END) Dow Jones Newswires
December 05, 2023 05:58 ET (10:58 GMT)