European Central Bank (ECB) Targeted Long Term Refinancing Operations (TLTRO)

Country: European Union, EUR
Importance:
Medium
Sector: Money
Last release
16 Dec 2021 10:30 GMT
Actual
€51.970 B
Forecast
Previous
€97.570 B
Date (GMT)
Reference
Actual
Forecast
16 Dec 2021
€51.970 B
23 Sept 2021
€97.570 B
17 Jun 2021
€109.830 B
18 Mar 2021
€330.500 B
10 Dec 2020
€50.410 B
24 Sept 2020
€174.460 B
18 Jun 2020
€1308.430 B
19 Mar 2020
€114.980 B
12 Dec 2019
€97.720 B
19 Sept 2019
€3.400 B
23 Mar 2017
€233.470 B
15 Dec 2016
€62.200 B
22 Sept 2016
€45.300 B
24 Jun 2016
€399.300 B
23 Jun 2016
€6.700 B
24 Mar 2016
€7.300 B
11 Dec 2015
€18.300 B
24 Sept 2015
€15.500 B
18 Jun 2015
€73.800 B
19 Mar 2015
€97.800 B

Targeted LTRO (targeted long-term refinancing operations) mean operations from the ECB aimed to provide long-term funding at attractive conditions to commercial banks in the eurozone. These operations should stimulate bank lending to the real economy.

Targeted refinancing values above expectations indicate an expansion of the financial easing. TLTRO increase leads to inflation growth and is seen as negative for the euro.

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