ECB 1 year term repo
June 22, 2009 at 10:23 AM EDT
[Skip to the end] This should bring down the term structure of rates at least out to one year, especially if the program is ongoing at this fixed rate. And, operationally, it’s a similarly simple matter to set ‘risk free’ rates out the entire curve. So, for example, bringing down rates out to a year could steepen the [...]