Reuters logo
Monte Paschi took 10-15 bln euros of ECB funds-source
February 29, 2012 / 4:53 PM / 6 years ago

Monte Paschi took 10-15 bln euros of ECB funds-source

ROME, Feb 29 (Reuters) - Italy’s No.3 bank Banca Monte dei Paschi di Siena took between 10 and 15 billion euros of cheap three-year European Central Bank funds in a tender on Wednesday, a financial source told Reuters.

The bank’s total exposure towards the ECB now amounts to between 20 and 25 billion euros, all in three-year funds, the source added.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below