Main refinancing operations

           
Operation type:    
 
Ref. No. 20230050 20230040 20230038 20230036 20230032 
Announcement date 20.03.2023 13.03.2023 06.03.2023 27.02.2023 20.02.2023 
Allotment date 21.03.2023 14.03.2023 07.03.2023 28.02.2023 21.02.2023 
Settlement date 22.03.2023 15.03.2023 08.03.2023 01.03.2023 22.02.2023 
Maturity date 29.03.2023 22.03.2023 15.03.2023 08.03.2023 01.03.2023 
Transaction type Reverse Transactions Reverse Transactions Reverse Transactions Reverse Transactions Reverse Transactions 
Operation type Provision of liquidity Provision of liquidity Provision of liquidity Provision of liquidity Provision of liquidity 
Procedure Standard Tender Standard Tender Standard Tender Standard Tender Standard Tender 
Auction type Fixed Rate Tender Fixed Rate Tender Fixed Rate Tender Fixed Rate Tender Fixed Rate Tender 
Allotment method           
Minimum bid rate / fixed rate (%)* 3,50 3,00 3,00 3,00 3,00 
Minimum bid rate (%)           
Maximum bid rate (%)           
Marginal rate (%) 3,50 3,00 3,00 3,00 3,00 
Weighted average allotment rate (%)           
Percentage of allotment at marginal rate (%) 100 100 100 100 100 
Total Amount Alloted (EUR bn) 1,0 1,0 0,9 0,8 1,2 
* The minimum rate in the longer-term refinancing operation with Ref. No. 20090112, 20100023, 20100035, and from 27.10.2010 on in all LTROs with maturity of three months and more is fixed at the average of the minimum bid rates in the main refinancing operations over the life of the LTRO. From 18.12.2012 on the bidding is conducted in the form of a spread expressed in basis points against the average MRO rate.
In USD liquidity-providing operations, the total amount alloted is expressed in USD bn. In swap operations, the field "Minimum bid rate / fixed rate (%)*" contains swap points.