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DEPOSIT FACILITY

Statistics Directorate    
Definition:
A standing facility of the Eurosystem which counterparties may use to make overnight deposits, remunerated at a pre-specified interest rate, at a national central bank (NCB).

Source Publication:
European Central Bank, 2004, Annual Report: 2004, ECB, Frankfurt, Glossary.

Statistical Theme: Financial statistics

Created on Wednesday, July 13, 2005