In the two Tltro auctions of the ECB, yesterday and the previous one in September, according to estimates gathered among insiders, Italian banks absorbed around a quarter of the total liquidity made available by Frankfurt, or around 50 billion out of the over 212 allocated in the two long-term auctions linked to corporate financing. Regarding the outcome of yesterday's auction, preliminary consensus estimates for the funding made by the Italian companies indicate 26-28 billion.
Tltro, 50 billion from the two auctions for Italian banks
As regards the outcome of yesterday's auction alone, preliminary consensus estimates for the funding made by the Italian companies indicate 26-28 billion.
FIRSTonline editorial team
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