Eurozone banks sharply increase voluntary TLTRO II repayments
Firms appear to be preparing for second series of TLTRO III later in December, analysts say
This month, banks in the eurozone will sharply increase their repayments from the second round of the European Central Bank’s targeted longer-term refinancing operations (TLTROs), the central bank said today (December 6).
TLTROs are ECB operations that provide loans to banks for them to extend financing to families and businesses. The central bank first unveiled them in June 2014. Bank participants in TLTRO II, which started in June 2016, “shall have, on a quarterly basis, the option of
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