Eurozone liquidity is getting tight

FT Alphaville » ECB 2013-12-20

Summary:

Icap’s Chris Clark alerts us on Friday to the fact that European liquidity markets are already preparing themselves for a potential liquidity squeeze come the end of the year.

As he notes:

Month-ends have become increasingly significant events for the Eurozone repo markets over the second half of this year as levels of excess liquidity have diminished and market rates have slowly edged higher. This Thanksgivings Day/November month-end liquidity hump has proved a tricky one for the market to manoeuvre, but already attention is focusing on the impending year-end as evidence stacks up to suggest funding might be problematic for some.

Continue reading: Eurozone liquidity is getting tight

Link:

http://ftalphaville.ft.com/2013/11/29/1709552/eurozone-liquidity-is-getting-tight/

From feeds:

euro-exit » FT Alphaville » ECB
euro-exit » FT Alphaville » Eurozone

Tags:

ecb eurozone ltro eonia smp repo rates

Authors:

Izabella Kaminska

Date tagged:

12/20/2013, 07:26

Date published:

11/29/2013, 11:05