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23.11.201007:24:00UTC+00Ecb Attracts 66bn Euros needed to Offset Purchases of Euro Zone Govt Bonds

News:

  • ECB comfortably attracted the 66bn euros it needed to offset its purchases of euro zone govt bonds, paying a lower interest rate than last week to do so
  • The ECB decreased its purchases last week, spending just over 700mn euros after buying topped 1bn the previous week
  • The ECB paid a weighted average interest rate of 0.45 pct on funds deposited, down from the 0.63 pct paid last week
  • A total of 60 banks offered up 91.4bn euros with bids ranging from 0.35 to 1.0 pct

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