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Europe Daily Bulletin No. 9914

5 June 2009
Contents Publication in full By article 11 / 30
GENERAL NEWS / (eu) eu/ecb
ECB keeps rates unchanged and confirms its intention to purchase €60 billion of covered bonds

Brussels, 04/06/2009 (Agence Europe) - On Thursday 4 June, the European Central Bank decided to maintain the status quo on euro area interest rates and confirmed that it intended to launch its plan to purchase €60 billion of covered bonds. The main refinancing operations interest rate remains, then, at 1%, with the marginal lending facility and deposit facility rates at 1.75% and 0.25% respectively. Following the meeting of the Board of Governors, the Bank President said that “the...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS