ECB loans Euro 131.9 billion in 3-month refinancing

Discussion in 'Economics' started by ASusilovic, Jun 30, 2010.

  1. ASusilovic

    ASusilovic

    LONDON (MarketWatch) -- The European Central Bank allotted just 131.9 billion euros ($161.1 billion) in three-month loans to euro-zone banks at an interest rate of 1% on Wednesday, news reports said. The total was below expectations. The refinancing was closely watched as a gauge of the health of European banks, coming ahead of Thursday's expiration of a 442 billion euro 12-month refinancing operation.

    http://www.marketwatch.com/story/ecb-loans-1611-billion-in-3-month-refinancing-2010-06-30

    So far as to the fear mongering mob out there...:cool:
     
    #1     Jun 30, 2010
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  2. S2007S

    S2007S

    It seems no matter what there is always money coming from somewhere, again there is no such thing as failure.
     
    #2     Jun 30, 2010
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