Euro zone bonds steady ahead of TLTRO take-up – Yahoo Finance

* Euro zone periphery govt bond yields

By Yoruk Bahceli

AMSTERDAM, June 18 (Reuters) – Euro zone bonds held steady in early Thursday trade ahead of the results of the ECB’s new funding round of cheap loans to banks, with strong take-up expected to support the bond market.

The European Central Bank will announce the TLTRO results at 0930 GMT – the first tender since it decided to offer banks more generous funding conditions at its April meeting. They can now take out three-year loans for as low as minus 1%.

Around 1.4 trillion

Related Post