ECB allots $1.84 billion in two dollar operations

The European Central Bank allotted 1.84 billion dollars at two dollar-providing liquidity operations, the ECB announced Wednesday
At the central bank's weekly dollar operation, the ECB provided $980 million at a fixed rate of 0.66%
The volume is higher than the $600 million allotted at the ECB's last dollar operation, held on Dec. 19
Three banks bid at the operation, while two banks bid two weeks ago
At the ECB's 84-day dollar operation held at a fixed rate of 0.65%, banks borrowed $863.2 million
There were six bidders. The volume was lower than the $3 billion allotted at the ECB's last longer-term dollar operation, which was held in early December
The ECB doesn't identify the borrowers, which could be any bank operating in the euro zone with eligible collateral
To provide dollar loans, the ECB borrows the equivalent amount from the U.S. Federal Reserve