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Longer Term Refinancing Op. - Announcement
- Reference Number:
- 20240111
- Transaction Type:
- REVERSE_TRANSACTION
- Operation Type:
- LIQUIDITY_PROVIDING
- Procedure:
- STANDARD_TENDER
- Tender Date:
- 26/11/2024 12:00:00
- Time for Submission of Bids:
- 10:00
- Start Date:
- 27/11/2024
- Maturity Date:
- 26/02/2025
- Duration (days):
- 91
- Auction Type:
- FIXED_RATE
- Reference Entity:
- Average MRO rate
- Spot Rate:
- 1
- Announcement info:
- 3-month LTROs are conducted through fixed-rate tender procedures with full allotment. The Eurosystem will satisfy all bids received from counterparties against eligible collateral with the applicable rate equal to the average rate on main refinancing operations over the life of the operation.