9 December 2022 | Other

ECB will receive 333 billion euros as part of cheap credits’ repayment this month

A survey of economists showed that this month the banks will provide the ECB with the same opportunities to pay out the long-term credits as it was in November. 

12 respondents forecasting the return of liquidity showed a value amounted to 333 billion euros. It amounts to $350 billion. The range of forecasts, as before, is more than 200 billion euros in both directions.

These TLTRO payments are the same as 296 billion euros returned in November. Earlier, the ECB was trying to make the credit program less affordable and tightened its conditions to do this. In such a way, banks highly increase interest rates to bring down the record level of inflation. 

According to an assessment of Bloomberg’s survey, in March the ECB received nearly 775 billion euros. The speculative nature of these forecasts has been proven. For example, the sum returned last month amounted to less than half of the median forecast.

Company MarketCheese
Period: 14.05.2025 Expectation: 1650 pips
Technical and fundamental background supports AUDCAD
07 May 2025 65
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segment "Currencies"
Period: 08.05.2025 Expectation: 550 pips
EURUSD to drop to 1.13000
07 May 2025 50
Period: 13.05.2025 Expectation: 240 pips
Brent crude price rebound to continue up to 65
07 May 2025 52
Period: 14.05.2025 Expectation: 1000 pips
Buying GBPUSD amid trade talks and weaker dollar with target at 1.344
07 May 2025 31
Period: 12.05.2025 Expectation: 1500 pips
USDJPY rebound fades ahead of Fed meeting
06 May 2025 66
Period: 30.05.2025 Expectation: 975 pips
Natural gas maintains upside potential within megaphone pattern
06 May 2025 67
Go to forecasts