El 8 de diciembre, el BCE anunció prestar a los bancos en excelentes condiciones, a 1%, a tres años, de lo cual esultó en la primera subasta una asignación de 485 mm de € que inmediatamente los bamcos depositaron el el BCE, demostrando la necesidad acuciante de liquidez. Como se ve en la comunicación oficial, habrá otra segunda subasta habrá una nueva subasta el 28 de febrero.
En todoc aso, las adjudicaciones son de "Full allotment", o llenar toda la demanda.
En FT se anuncia que la banca tiene pensado solicitar 3 veces más en la segunda subasta, tanto como 1 billón, lo que sobrepasa lo que se estimaba que el BCE deseaba conceder sólo 325 mm €.
Modalities of the two longer-term refinancing operations with a maturity of 36 months and the option of early repayment after one year:
The operations will be conducted as fixed rate tender procedures with full allotment. The rate in these operations will be fixed at the average rate of the main refinancing operations over the life of the respective operation. Interest will be paid when the respective operation matures.After one year counterparties will have the option to repay any part of the amounts they are allotted in the operations, on any day that coincides with the settlement day of a main refinancing operation. Counterparties must inform their respective NCB, giving one week’s notice, of the amount they wish to repay.The operations will be conducted according to the schedule shown in the table. The first operation will be allotted on 21 December 2011 and will replace the 12-month LTRO announced on 6 October 2011.
Announcement date Allotment date Settlement date First date for early repayment Maturity date Maturity 20 Dec. 2011 21 Dec. 2011 22 Dec. 2011 30 Jan. 2013 29 Jan. 2015 1134 days 28 Feb. 2012 29 Feb. 2012 1 Mar. 2012 27 Feb. 2013 26 Feb. 2015 1092 days Counterparties are permitted to shift all of the outstanding amounts received in the 12-month LTRO allotted in October 2011 into the first 3-year LTRO allotted on 21 December 2011. Those counterparties that wish to do so are requested to notify their respective NCB by Monday, 19 December 2011.
En todoc aso, las adjudicaciones son de "Full allotment", o llenar toda la demanda.
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