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(AFX UK Focus)
2008-11-17 15:14
ECB CALLS FOR BIDS IN WEEKLY 7-DAY EURO TENDER, FIXED RATE 3.25 PCT, UNLIMITED VOLUME |
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Frankfurt, Nov 17 (Reuters) - The European Central Bank made the following
announcement regarding its regular weekly main refinancing operations:
Main Refinancing Operation-Announcement Intended Volume:
Tender Date: 18/11/2008 Time for Submission of Bids: 09:30 Start Date: 19/11/2008 Maturity Date: 26/11/2008 Duration (days): 7 Auction Type: Fixed Rate Tender Allotment Method: Estimate on 17/11/08 of the average autonomous factors for the period 17/11/08 to 25/11/08 amounts to EUR 375.4 billion. Benchmark allotment, see also ECB page Operational Communications, based on the ECB liquidity forecasts as at 17/11/08 amounts to EUR 18 billion. The euro liquidity effect resulting from foreign exchange swap operations that have already been allotted is included in the estimate of average daily autonomous factors. (Frankfurt room +49 69 7565 1210. frankfurt.newsroom@reuters.com)
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