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 to satisfy the money reserve requirements. As of May 2024, it was recorded at zero, meaning that the bank did not request money to meet their reserve requirements.
Marginal lending facility of European Central Bank (ECB) from January 2018 to May 2024
(in million euros)
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ECB. (June 3, 2024). Marginal lending facility of European Central Bank (ECB) from January 2018 to May 2024 (in million euros) [Graph]. In Statista. Retrieved October 06, 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 May 2024 (in million euros)." Chart. June 3, 2024. Statista. Accessed October 06, 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 May 2024 (in million euros). Statista. Statista Inc.. Accessed: October 06, 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 May 2024 (in Million Euros)." Statista, Statista Inc., 3 Jun 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 May 2024 (in million euros) Statista, https://www.statista.com/statistics/254138/volume-of-ecb-open-market-operations/ (last visited October 06, 2024)
Marginal lending facility of European Central Bank (ECB) from January 2018 to May 2024 (in million euros) [Graph], ECB, June 3, 2024. [Online]. Available: https://www.statista.com/statistics/254138/volume-of-ecb-open-market-operations/