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/TLTROs: (2/2) Sell-side estimates for gross....>

ECB
ECB: /TLTROs: (2/2) Sell-side estimates for gross takeup have a median of
EUR1.2trn, with a EUR900bln-1.5trn range in expectations. See below (incl ECB
Schnabel's estimate for comparison).
** In billion EUR:
NatWest...........1,500
ECB's Schnabel....1,400
Morgan Stanley....1,200-1,400
Commerzbank.......1,300
JPMorgan..........1,200-1,300
ING...............1,250
Pictet............1,200
Mizuho...........>1,000
RBC..............>1,000
Unicredit.........900-1,200
Nomura............900
SocGen............900

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