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Highlights of the decision: - No change to......>

ECB
ECB: Highlights of the decision:
- No change to interest rates.
- Additional LTROs conducted
- In TLTRO III, considerably more favourable terms will be applied during the
period from June 2020 to June 2021 to all TLTRO III operations outstanding
during that same time. These operations will support bank lending to those
affected most by the spread of the coronavirus, in particular small and
medium-sized enterprises. Throughout this period, the interest rate on these
TLTRO III operations will be 25 basis points below the average rate applied in
the Eurosystem's main refinancing operations.
- A temporary envelope of additional net asset purchases of E120 billion will be
added until the end of the year

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