Wed, March 11 2009, 08:46 GMT
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FRANKFURT, Feb 11 (Reuters) - The European Central Bank called for bids in its latest tender of 7-day U.S. dollar funds on Wednesday, offering banks a fixed rate of interest of 1.25 percent.
Banks are guaranteed to receive all the funds they request. Bids are due at 0845 GMT and the results will be published around 1000 GMT, the ECB said.
For full details please click on Reuters information page .
The operation is part of the ECB's efforts introduced last year to ease money market tensions by ensuring banks have all the funding they need.
(Reporting by Marc Jones; Editing by Ruth Pitchford) Keywords: ECB/DOLLAR
(marc.jones@thomsonreuters.com; +49 (0)69 7565 1219; reuters messaging: marc.jones.reuters.com@reuters.net)
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