Main refinancing operations

           
Operation type:    
 
Ref. No. 20250034 20250032 20250030 20250028 20250025 
Announcement date 17.04.2025 14.04.2025 07.04.2025 31.03.2025 24.03.2025 
Allotment date 22.04.2025 15.04.2025 08.04.2025 01.04.2025 25.03.2025 
Settlement date 23.04.2025 16.04.2025 09.04.2025 02.04.2025 26.03.2025 
Maturity date 30.04.2025 23.04.2025 16.04.2025 09.04.2025 02.04.2025 
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 (%)* 2,40 2,65 2,65 2,65 2,65 
Minimum bid rate (%)           
Maximum bid rate (%)           
Marginal rate (%) 2,40 2,65 2,65 2,65 2,65 
Weighted average allotment rate (%)           
Percentage of allotment at marginal rate (%) 100 100 100 100 100 
Total Amount Alloted (EUR bn) 14,2 11,9 8,8 10,0 14,0 
* 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.