Post Profile

ECB's 3Y LTRO Huge Demand

With expectations around EUR300bn, the EUR489bn print is well above expectations. ECB ALLOTS EU 29.7BLN IN 98 DAY REFINANCING TENDER ECB AWARDS EU489 BLN IN THREE-YEAR LOANS VS EST EU293 BLN ECB SAYS 523 BANKS ASKED FOR THREE-YEAR LOANS The initial reaction seems to be risk on as EUR is rallying. Gold and Silver are also rallying. Stocks and CONTEXT rallying but BTPs not reacting aggressively yet.
read more


Related Posts:


Business & Finance : Business Insider: Money Game (3 years ago)

The story of the day: The results of the ECB's LTRO. The LTRO basically is this: The ECB has made it so that stressed Eurozone banks can pledge a wide range of capital in exchange for super-cheap funding that lasts three years. The ... Read Post

Debt Crisis 2012: Forget Europe, Check Out Japan

Business & Finance : Zero Hedge (3 years ago)

By EconMatters The recent massive demand for ECB's LTRO (Long Term Refinancing Operation)--nearly 490 billion euro in three-year 1% loans from 523 banks--only confirmed the suspicion of some market participants that European banks a... Read Post

ECB LTRO 2: €529.5 Billion As 800 Banks Ask For A Handout

Business & Finance : Zero Hedge (3 years ago)

The results for the second European 3 year discount window operation, pardon LTRO are in, and the winner is... ECB ALLOTS EU 529.5BLN IN 1,092 DAY REFINANCING TENDER ECB SAYS 800 BANKS ASKED FOR THREE-YEAR LOANS Since the expected r... Read Post


Copyright © 2015 Regator, LLC