ECB Drains E135 Bln from EU Money Market
January 18, 2011 at 12:13 PM EST
The European Central Bank said it drained 135.0456 billion euros from the Eurozone money market Tuesday in a 1-day refinancing agreements. The central bank said it received 142 bids totaling 135.04760 billion euros for the operation. The deposits pay a weighted average rate of 0.79% and a marginal rate of 0.80%. The minimum bid was [...]
