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Definition Of:

fixed rate tender

Financial DictionaryEuropean Central Bank Dictionary
A tender procedure, in which the interest rate is specified in advance by the central bank and in which participating counterparties bid the amount of money they want to transact at that interest rate.
Copyright © 2006, European Central Bank, Frankfurt am Main, Germany. This information may be obtained free of charge through the ECB's website.

 

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A: Page 1 of 129.

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