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IPFS News Link • Economy - International

ECB lends 3.9 billion Euros to Banks, most since 2004

09-27-2007 • Bloomberg

The European Central Bank lent 3.9 billion euros ($5.5 billion) at its penalty rate, the most in almost three years, suggesting credit markets are still unable to meet banks' borrowing needs. The three-month London inter-bank offered rate for eu

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