The rate hike has been postponed: it can only take place from the second half of 2020 - A new round of loans to banks is under way, but with less favorable rates than in the past - And on Italy: "The reduction of the debt…
Draghi speaks of "a notable moderation in the economy, which will extend into the year" and revises growth estimates downwards for 2019 and 2020 - The new subsidized loans to banks will start in September and will end in two years...
At the end of the last meeting of the Governing Council, the president of the ECB confirmed that a new wave of Ltro and Tltro could come, but "on the basis of monetary policy needs, not as a measure in favor of a given sector or…
The amount of the fourth and final auction was assigned to 474 lenders in the Eurozone - Analysts had forecast a figure of around 100 billion euros - In the third auction of the programme, 249 banks in the Eurozone had raised…
The bank led by Giovanni Bossi participated yesterday in the latest Tltro auction, the cost of which will be negative, equal to -0,40%, for the duration of 4 years and the Stock Exchange rewarded the stock
This is the second operation in the new series of long-term loans from the ECB - 249 institutions involved, for a demand that far exceeded analysts' forecasts.
19 banks took part in the operation, a decidedly lower number than the 55 that took part in the previous auction: the request is the lowest of all the seven rounds of the TTRO - In June the TTRO wanted by Draghi starts:…
The ECB "knows perfectly well that at a certain point negative rates become harmful for some banks and this is good news" - For Italian banks there are 317 billion euros more in long-term loans…
In second position is Banco Popolare with 3,2 billion - followed by Mps (1,25), Credem (1,015), Bpm (1 billion), Veneto Banca (614 million), Popolare di Vicenza (600) and Mediobanca (400 ).
Once the obstacle of the rise in American rates has been overcome, the markets start to rise again also due to the successful outcome of the ECB auction: 100 billion for European banks - In Milan on Unicredit, Intesa, Mps and Ubicanca - Enel and Pirelli shine…
The third tranche of the ECB's long-term liquidity auction closed with disbursements of 97,8 billion, well above analysts' forecasts - The auction was held at a fixed rate of 0,05%.
As regards the outcome of yesterday's auction alone, preliminary consensus estimates for the funding made by the Italian companies indicate 26-28 billion.
129,8 billion allocated, a quantity "within the estimates" but in the lower end of the range - The stock exchanges are betting on the purchase of bonds - In Italy, a new drop in industrial production, in Germany, consumption is recovering and expectations for growth in 1,5% in…
Result lower than expected also for the second auction - The failure that rekindles the market's hopes of seeing quantitative easing as early as January.
According to a Eurotower survey, TLTRO's low-cost loans to the real economy are currently not being used to meet additional credit demand, but rather to make jobs more convenient.
The director general of the institute also confirmed that the requests presented to the Bank exceeded 3 billion - Nicastro underlined that “the North East, including Emilia Romagna, and Lombardy are the parts of Italy that are asking…
TAKEN FROM THE ADVISE ONLY BLOG - A simple explanation of the measures adopted by the ECB, from the Targeted Long Term Refinancing Operatine to the reduction of the reference interest rates, passing through the program for the purchase of securities in the private sector - Which…
The first Tltro auction stops at 82,6 billion, below expectations - European banks are cautious waiting to understand the moves that the ECB will put in place for growth - Ubi and Bpm do not participate, Intesa stops…
Positive European price lists after the first ECB Tltro auction: the result lower than expected testifies to the health of the system - London is positive in anticipation of the referendum in Scotland - Banks and Stm shine on the Ftse Mib - Oil…
The result is lower than the average forecast by analysts, which stood at around 150 billion euros - 255 banks and credit institutions took part in today's auction - Unicredit obtained 7,75 billion euros,…
