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FRANKFURT (Dow Jones) — The European Central Bank (ECB) has allotted 173 million euros in its 91-day refinancing operation. As the ECB announced, the bids of 6 institutions were fully satisfied. The banks in the euro area thus obtained 115.5 million euros more in liquidity.
The transaction is settled at the average main refinancing rate prevailing during its term. It is valued on July 28th and is due on October 27th. The new tender replaces a refinancing transaction issued in April that had a volume of EUR 57.5 million.
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(END) Dow Jones Newswires
July 27, 2022 5:33 PM ET (09:33 GMT)
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