ECB hands €174.5 billion to banks in latest TLTRO-III allotment
Summary
By sueyangfx.com September 24, 2020 at 10:52AM ECB says that banks borrowed €174.5 billion in 3-year TLTRO-III operations Coincidentally, the euro is slightly softer at the same time the data is released but I don’t see this as being much […]
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September 24, 2020 at 10:52AM
ECB says that banks borrowed €174.5 billion in 3-year TLTRO-III operations
Coincidentally, the euro is slightly softer at the same time the data is released but I don’t see this as being much of a material factor. Excess liquidity is still plentiful in the euro area after the measures over the last few months.