ECB to lend 75bn euros at weekly tender: POLL

BANGALORE: European Central Bank will lend banks 75 billion euros ($95.3 billion) at its weekly refinancing operation, little changed from the amount maturing from last week's tender, a Reuters poll showed on Monday.

Forecasts in the survey of 24 money market traders ranged from 70 billion euros to 80 billion euros, the narrowest range seen since May.

Banks borrowed 75.2 billion euros from the ECB at last week's tender.

Results of the weekly tender will be announced on Tuesday and the money allotted on Wednesday.