ECB loans Euro 131.9 billion in 3-month refinancing

A

ASusilovic

LONDON (MarketWatch) -- The European Central Bank allotted just 131.9 billion euros ($161.1 billion) in three-month loans to euro-zone banks at an interest rate of 1% on Wednesday, news reports said. The total was below expectations. The refinancing was closely watched as a gauge of the health of European banks, coming ahead of Thursday's expiration of a 442 billion euro 12-month refinancing operation.

http://www.marketwatch.com/story/ecb-loans-1611-billion-in-3-month-refinancing-2010-06-30

So far as to the fear mongering mob out there...:cool:
 
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