SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Real Man who wrote (976)9/14/2007 7:09:48 PM
From: RockyBalboa  Read Replies (1) of 71412
 
Global reflation efforts...

The ECB has installed higher amounts of loans in their OMO, for a few months, and not only daytoday. This is not about plumbing some overnight settlement holes...this is about keeping the patient alive..

Like an alcoholic requiring higher doses on a prolonged basis...

ecb.int

Key figures for outstanding open market operations
Main Refinancing Operations Longer-Term Refinancing Operations Other operations

Settlement date 12-09-2007 28-06-2007 26-07-2007 24-08-2007 30-08-2007 13-09-2007
Maturity Date 19-09-2007 27-09-2007 01-11-2007 23-11-2007 29-11-2007 12-12-2007
Minimum Rate (bids) 4.00% --- --- --- --- ---
Marginal Rate 4.14% 4.11% 4.20% 4.49% 4.56% 4.35%
Weighted Average Rate 4.17% 4.12% 4.20% 4.61% 4.62% 4.52%
Allotted Amount * € 269 bn € 50 bn € 50 bn € 40 bn € 50 bn € 75 bn

(*): + [plus] indicates liquidity providing
and - [minus] indicates liquidity absorbing operations.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext