ECB Allots $17.933 Billion In 6-Day Dollar Auction At 1.11% Fixed
Rate
FRANKFURT -(Dow Jones)- The European Central Bank Wednesday allocated $17.933
billion in a six-day dollar term auction facility, or TAF, at a fixed rate of
1.11%, it said.
The ECB received three bids and it met all of them.
The liquidity provision is part of coordinated central bank action to help
alleviate tension in money markets.
European Central Bank Web site: www.ecb.int
-By Emese Bartha, Dow Jones Newswires; +49 69 2972 5516; emese.bartha@
dowjones.com
(END) Dow Jones Newswires
11-25-090526ET
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