ECB Press Conference - 6 September 2012
3,810 views · Published 6 September 2012 · 1:02:16 · Indexed 29 October 2026
Channel: European Central Bank · 2012 · News & Politics
At its meeting held on 6 September 2012, the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility would remain unchanged at 0.75%, 1.50% and 0.00% respectively. The Governing Council of the ECB also took decisions on a number of technical features regarding the Eurosystem's outright transactions in secondary sovereign bond markets that aim at safeguarding an appropriate monetary policy transmission and the singleness of the monetary policy, known as Outright Monetary Transactions (OMTs). See:http://www.ecb.int/press/pr/date/2012/html/pr120906_1.en.html Furthermore, the Governing Council of the ECB decided on additional measures to preserve collateral availability for counterparties in order to maintain their access to the Eurosystem's liquidity-providing operations. See: http://www.ecb.int/press/pr/date/2012/html/pr120906_2.en.html
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