European central banks offer US$90B in ready cash

The European Central Bank, the Bank of England and the Swiss National Bank continued to provide ready liquidity to markets Wednesday, offering US$90 billion in overnight money to the financial sector.

The ECB offered up US$70 billion, while the BoE and the SNB both offered US$10 billion.

Terms of the offers are similar to those in the past. Bidder and rate information is released later in the day.

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