ECB data show banks borrowing EUR 18.5 billion as TLTRO payments arrive

Bloomberg cites Natixis strategist Theophile Legrand saying that “that maybe some banks are facing a few challenges with the repayment of the TLTROs” as EUR 500 billion comes due in June 2023.

The ECB data are available at https://www.ecb.europa.eu/mopo/implement/omo/html/index.en.html

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