Use of ECB's deposit facility hit highest level
FRANKFURT: Use of the European Central Bank's deposit facility hit the highest level in the current reserve maintenance period as banks position their accounts for the year's end, ECB data showed Thursday. Banks parked EUR78.863b in the ECB's 0.25% deposit facility, up from EUR65.619b Tuesday.
Banks also borrowed slightly more from the ECB's 1.75% marginal lending facility than the day before: EUR311m compared with EUR279m the day before. - PB News