... Table 2 does the same for nonbidding banks,but note that there are no nonbidding Landesbanks or cooperative central banks.17ECBWorking Paper Series No 1376September 2011 Table 1Bank characteristics: ... multipleis 100,000 euros. There are no noncompetitive bids. There is a preannounced minimumbid rate. This rate is determined at the meetings of the ECB’s Governing Council, nor-mally held on the first ... seminars at Norges Bank, National Bank of Poland, Helsinki School of Economics, and the universities of Amsterdam, Konstanz, Lugano, Rochester, and Zürich.29ECBWorking Paper Series No 1376September...