European Central Bank Holds All Rates Steady

Siegel, Gary E.
October 2008
Bond Buyer;10/3/2008, Vol. 366 Issue 32976, p2
Trade Publication
The article reports that the European Central Bank holds all rates steady. It states that the bank announced that its Governing Council held interest rates steady at its monetary policy meeting held in October 2, 2008. It adds that the marginal lending rate remains 5.25%, the minimum bid rate on variable-rate refinancing operations is at 4.25%, and the deposit rate was held at 3.25%.


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