Money market report for the week ended July 5, 2024
The ECB headquarters in Frankfurt, Germany. Photo: Shutterstock.com
ECB monetary operationsOn July 1, the European Central Bank announced the seven-day main refinancing operations (MRO). The operation was conducted on July 2 and attracted bids from euro area eligible counterparties of €6,704 million, €4,374 million less than the previous week.The amount was allotted in full at a fixed rate equivalent to the prevailing MRO...