Free Trial

MNI BRIEF: TLTROs Effective, No Big Side-Effects - ECB Study


TLTRO III has effectively protected bank-based transmission of the ECB's during the coronavirus pandemic, with no evidence thus far of substantial side effects or dilution of the stimulus coming from TLTROs, an article published ahead of the ECB's latest Economic Bulletin claims.

MNI reported that a new round of pandemic-related TLTROs would form a key part of the ECB's Covid toolbox on February 25, 2020. TLTRO III was announced on March 7 that year.

MNI London Bureau | +44 20 3983 7894 |
MNI London Bureau | +44 20 3983 7894 |

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.