TERMIUM Plus®

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OPERATION REFINANCEMENT LONG TERME [1 record]

Record 1 2019-01-24

English

Subject field(s)
  • Loans
CONT

During the European sovereign debt crisis, the acronym LTRO was coined to represent "long-term refinancing operations," which were used by the European Central Bank (ECB) to lend money at very low interest rates to eurozone banks.

French

Domaine(s)
  • Prêts et emprunts
DEF

Opération d'octroi de liquidités aux banques par une banque centrale, dont le remboursement est fixé à une échéance plus éloignée que celle des opérations conventionnelles.

OBS

La durée usuelle des prêts accordés lors d'une opération de refinancement à long terme est de trois mois à quelques années.

OBS

opération de refinancement à long terme : désignation et définition publiées au Journal officiel de la République française le 7 décembre 2018.

Spanish

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