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| Definition: |
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A central bank facility available to counterparties on their own initiative. The Eurosystem offers two overnight standing facilities: the marginal lending facility and the deposit facility.
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| Source
Publication: |
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European Central Bank, 2004, Annual Report: 2004, ECB, Frankfurt, Glossary.
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| Statistical
Theme: Financial statistics |
| Created
on Wednesday, July 13, 2005 |
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