Central Banks
ECB Seen Getting €885 Billion Cheap-Loan Repayments This Year
- Economist estimates on this year’s reimbursements vary widely
- Bloomberg survey conducted ahead of new repayment date
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The European Central Bank will probably receive several hundreds of billions of euros in early repayments of long-term loans this year after officials toughened the terms of the program to aid their fight against inflation.
Estimates vary widely on how much of the €2.1 trillion ($2.2 trillion) in outstanding cash will be returned this month, the first available opportunity for repayments. Banks have until Wednesday to notify the ECB if they want to do so.