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ECB expected to allot 2.4 billion euros at regular refinancing tender

(Reuters) – Banks will borrow 2.4 billion euros ($2.7 billion) from the European Central Bank at its regular refinancing tender for next week, a Reuters poll of euro money market traders showed on Friday.

That is lower than the 2.5 billion euros maturing from last time.

Forecasts in the poll of 16 traders and analysts ranged from 1.5 billion to 3.5 billion euros.

(Reporting by Sujith Pai, polling by Tushar Goenka, editing by Larry King)

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