The European Central Bank to provide 45 billion 300 million euros of funds zero interest rate sunny came home

The ECB zero interest rate to provide 45 billion 300 million euros capital U.S. stock market center: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes Sina warrants stocks news Beijing time on the evening of 22 Bloomberg said, in the second round of the European Central Bank to promote the supply of credit to the real economy plan, zero interest rates to the euro area the bank provides 45 billion 300 million euros ($50 billion 900 million) of funds. In the last June directional long-term refinancing operations (TLTRO-II) operation, the European Central Bank to the net release of 31 billion euros of loans to the banking sector. If the banking sector expands the supply of credit, the four year loan interest rate can be reduced to a minimum deposit rate of minus 0.4%, which means that the European Central Bank will pay financial institutions to encourage them to accept these funds. The plan would allow banks to borrow from the European Central Bank, based on the amount of loans it would give to companies and households, as part of a move by the ECB to boost lending in the euro area, as well as to stimulate economic growth and inflation. With the ECB’s asset purchase plan approaching deadline March 2017, and the decision to consider how to deal with the risk of bond scarcity, the importance of the program or increase. Strategists at the Bank of France, Paris, estimate that the latest round of TLTRO-II may be about 20 billion to 30 billion euros, pointing out that the banking sector has made use of the first round of restructuring. Editor: handsome can Cong相关的主题文章: