QUICK TENDER


Meaning of QUICK TENDER in English

The tender procedure used by the Eurosystem for fine-tuning operations when it is deemed desirable to have a rapid impact on the liquidity situation in the market. Quick tenders are executed within a time frame of one hour and are restricted to a limited set of counterparties.

European Central Bank English Glossary.      Английский глоссарий Европейского Центрального Банка.