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>> LTRO Latest News

FEB 01, 2013 - Zero Hedge

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LTRO Post-Mortem: Who Repaid What, As European Excess Cash Is Now Reabsorbed

Before today's NFP number, the biggest news of the day was the substantial slowdown in European LTRO repayments, which ground to a halt from last week's repayment of €137 billion, to only €3 billion. Whether this is because banks decided that there is no more need to telegraph their health by keeping "excess liquidity", or because they actually did need to €878 billion in additional LTRO funding is unclear for now, although the overnight nationalization of a Dutch bank coupled with a return of Italian bank problems where Monte Paschi is next on the nationalization conveyer indicates that as ... Read More

Tags: LTRO Post-Mortem: Who Repaid What, As European Excess Cash Is Now Reabsorbed,  Ltro Latest News