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POLL- ECB to lend 125 billion euros to banks at March TLTRO
March 20, 2017 / 11:32 AM / in 7 months

POLL- ECB to lend 125 billion euros to banks at March TLTRO

    March 20 (Reuters) - Banks will take 125 billion euros of
cheap loans from the European Central Bank this week, at the
last of four targeted long-term refinancing operations, or
TLTROs, announced early last year, a Reuters poll found.
    The ECB did not announce a new TLTRO programme after its
March meeting, as predicted in a similar Reuters poll conducted
in the last week of February.
    Forecasts for the size of the TLTRO ranged from 50 billion
to 300 billion euros, not including the 16.7 billion euros banks
will rollover from the TLTRO repayment to be made on March 29.
   
    The poll of 21 euro money market traders also found the ECB
would allot 25.0 billion euros at its weekly tender, slightly
less than 26.51 billion euros maturing.
    
 ALLOTMENT    ONE-WEEK     TLTRO
 MEDIAN         25.0       125.0
 MEAN           24.7       135.7
 MODE           25.0       150.0
 HIGHEST        27.0       300.0
 LOWEST         22.0        50.0
 COUNT           21          16
 
GUIDE TO EUROPEAN CENTRAL BANK ANNOUNCEMENTS
ANNOUNCEMENTS ON ECB OPEN MARKET OPERATIONS
ECB WEBSITE

 (Reporting By Krishna Eluri; Polling by Vartika Sahu; Editing
by Catherine Evans)
  

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