ECB allots €82.6 billion in first targeted longer-term refinancing operation

◾Banks take up €82.6 billion in first of eight TLTROs ◾Programme supports lending to the real economy ◾Part of package of ECB measures that will have sizeable impact on ECB’s balance sheet The European Central Bank has today allotted €82.6 billion to 255 counterparti…

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ECB allots €82.6 billion in first targeted longer-term refinancing operation