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Longer Term Refinancing Op. - Announcement

Reference Number:
20250055
Transaction Type:
REVERSE_TRANSACTION
Operation Type:
LIQUIDITY_PROVIDING
Procedure:
STANDARD_TENDER
Tender Date:
25/06/2025 12:00:00
Time for Submission of Bids:
10:00
Start Date:
25/06/2025
Maturity Date:
01/10/2025
Duration (days):
98
Auction Type:
FIXED_RATE
Reference Entity:
Average MRO rate
Spot Rate:
1.00000
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.