European banks can begin paying back their LTRO loans on Jan. 30, and the ECB expects...

|By:, SA News Editor

European banks can begin paying back their LTRO loans on Jan. 30, and the ECB expects €137.2B to be returned next week. It's a fairly significant portion of the more than €1T lent out, considering they were 3-year loans, with cheaper sources of funding opening up likely a major reason.