Money market report for the week ended June 14, 2024

The ECB headquarters in Frankfurt, Germany. Photo: Shutterstock.com

ECB monetary operationsOn June 10, the European Central Bank announced the seven-day main refinancing operations (MRO). The operation was conducted on June 11 and attracted bids from euro area eligible counterparties of €2,178 million, €149 million less than the previous week.The amount was allotted in full at a fixed rate equivalent to the prevailing MRO...