Press Release: Monetary policy decisions

At a teleconference meeting on 4.1.01 the Governing Council of the ECB decided that the minimum bid rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility would remain unchanged at 4.75%, 5.75%and 3.75%respectively. The Governing Council also decided on an allotment amount of €20 billion per operation for the longer-term refinancing operations to be conducted in 2001.

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