FRANKFURT -(Dow Jones)- The European Central Bank said Wednesday it allotted no money at a seven-day dollar term auction, also known as TAF, for the tenth week in a row. No banks requested dollar liquidity against ECB-eligible collateral at a fixed rate of 1.10%, ECB data showed. The ECB has seen little demand in recent months for central-bank dollar liquidity, given it is currently more attractive for banks to get loans in euros and convert them into dollar liquidity, analysts say. The ECB and other central banks decided in December 2010 to extend their swap lines with the U.S. Federal Reserve until at least August.

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