The central bank is will likely highlight the developments in its Long-Term Refinancing Option (LTRO) early repayment schedule.

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Draghi has proposed actions such as further bond purchases, rate cuts, and a new Long-Term Refinancing Option, which allows the ECB to lend to eurozone banks at very low interest rates.

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Rates for 15-year fixed-rate mortgages, often a popular option for refinancing a loan, fell to 5.53%, from 5.60%.

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