ECB's Coeure optimistic on the next TLTRO take-up

FXStreet (Łódź) - ECB Executive Board member Benoit Coeure assured at the IMF/Bank of Slovenia seminar on Friday that each of the upcoming, consecutive seven rounds of targeted longer-term refinancing operations should see a bigger take-up than the first one.

As soon as the ECB's Eurozone banking sector probe is finalized , the financial institutions will be more disposed to provide credit, Coeure said.

Furthermore, he suggested that nominal rates in the Eurozone would remain at low levels for an extended period of time, real interest rates should decrease.