The marginal lending facility is a monetary policy instrument used to manage overnight liquidity. In other words, banks use the facility to borrow money on a short-term basis, in order to satisfy the money reserve requirements. As of December 2023, the marginal lending facility of the European Central Bank (ECB) was 240 million euros.
Marginal lending facility of European Central Bank (ECB) from January 2018 to December 2023
(in million euros)
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ECB. (January 30, 2024). Marginal lending facility of European Central Bank (ECB) from January 2018 to December 2023 (in million euros) [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/254138/volume-of-ecb-open-market-operations/
ECB. "Marginal lending facility of European Central Bank (ECB) from January 2018 to December 2023 (in million euros)." Chart. January 30, 2024. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/254138/volume-of-ecb-open-market-operations/
ECB. (2024). Marginal lending facility of European Central Bank (ECB) from January 2018 to December 2023 (in million euros). Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/254138/volume-of-ecb-open-market-operations/
ECB. "Marginal Lending Facility of European Central Bank (Ecb) from January 2018 to December 2023 (in Million Euros)." Statista, Statista Inc., 30 Jan 2024, https://www.statista.com/statistics/254138/volume-of-ecb-open-market-operations/
ECB, Marginal lending facility of European Central Bank (ECB) from January 2018 to December 2023 (in million euros) Statista, https://www.statista.com/statistics/254138/volume-of-ecb-open-market-operations/ (last visited June 18, 2024)
Marginal lending facility of European Central Bank (ECB) from January 2018 to December 2023 (in million euros) [Graph], ECB, January 30, 2024. [Online]. Available: https://www.statista.com/statistics/254138/volume-of-ecb-open-market-operations/