September 27, 2019 / 1:15 PM / 23 days ago

ECB's Lane sees significant take-up for TLTRO loans "over time"

NEW YORK, Sept 27 (Reuters) - The European Central Bank expects euro zone banks to take up significant amounts of multi-year loans “over time” after the latest auction of its Targeted Long-Term Refinancing Operation (TLTRO) received few bids, the ECB’s chief economist Philip Lane said on Friday.

“We expect a significant TLTRO take up over time,” Lane told a Reuters event in New York. (Reporting by Howard Schneider and Jonelle Marte; Writing by Francesco Canepa in Frankfurt; Editing by Alison Williams)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below