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>> LTRO Latest News

JAN 31, 2013 - FT Alphaville

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Belgium and the LTRO

LTRO-porn continues… this time it’s semi-core. As we noted before, the higher than expected repayments by banks of the Long Term Refinancing Operations to the ECB might also push up the amount of paper in circulation as collateral which was tied up in carry trades is returned to banks. That would put pressure on markets which benefitted from the LTRO cash. What we didn’t think of was Belgium. Poor thing.Continue reading: Belgium and the LTRO

Tags: Belgium and the LTRO,  Ltro Latest News