ECB Allots 176 bln eur at Weekly Refi
ECB alloted 176.0 bln eur at an average rate of 4.40% at this week’s main refinancing operation.
The marginal rate dropped to 4.37% from 4.38% last week.
The benchmark allotment was 156 bln eur, so the central bank alloted 20bln eur more than the benchmark, compared to additional funds of just 3 bln eur last week.