ECB to Give First Indication of Three-Year Loan Repayment Today

ECB to Give First Indication of Three-Year Loan Repayment Today

Ralph Orlowski/Bloomberg

The European Central Bank, seen in this photo, still allows banks to borrow as much money as they want against eligible collateral for periods of one week, one month and three months. Some economists say this reduces the importance of the three-year loans being repaid.