London, England (BBN)- The Euro Central Bank (ECB) faced pressure last week to take steps to help contain the Eurozone’s debt problems.
German government bond and interest rate futures rose after the ECB said it would keep offering unlimited three-month funding until March. Key Euro-priced bank-to-bank lending rates rose on Thursday too, as market was waiting for publication of the ECB’s liquidity plan, according to reports.
BBN/SI/AD-04Dec10-12:34 pm (BST)