FRANKFURT (Dow Jones) — Demand from euro area banks for European Central Bank (ECB) liquidity has increased in the week-long main refinancing operation. As the ECB announced, 11.036 billion euros were allocated after 10.025 billion in the previous week at a fixed interest rate of 4 percent. The bids from 61 (previous week: 61) institutes were fully satisfied. The banks in the euro area thus procured 1.011 billion euros more ECB liquidity. The new deal has a value date of July 26th and is due on August 2nd.
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(END) Dow Jones Newswires
July 25, 2023 05:34 ET (09:34 GMT)