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1st LD: ECB keeps three key interest rates unchanged

Xinhua, June 2, 2016 Adjust font size:

The European Central Bank (ECB) decided to leave the three key interest rates for the euro area unchanged after a meeting held here on Thursday, the ECB announced in a press release.

"At today's meeting, the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00 percent, 0.25 percent and minus 0.40 percent respectively," read the press release.

The bank also noted Eurosystem will start making purchases under its corporate sector purchase program (CSPP).

"Moreover, starting on June 22 , it will conduct the first operation in its new series of targeted longer-term refinancing operations," ECB said in the statement. Enditem