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BoFA Merrill Lynch Forecasts LTRO at EUR350-450 Billion

Monday, 27 Feb 2012 | 12:20 AM ET

Adarsh Sinha, Head of Asia Pacific G10 FX Strategy at Bank of America Merrill Lynch Global Research, forecasts the second LTRO to come in below the EUR500 billion expected by markets. He explains the possible implications of a lower or higher than expected take up by European banks.