Banks increase overnight borrowing from ECB

By world on September 2nd, 2010 364 views

FRANKFURT, Sept 1 (Reuters) – Commercial banks increased the
amount they borrowed from the European Central Bank’s emergency
overnight window on Wednesday, keeping it above 1.4 billion
euros for the third day running.

The central bank reported the following daily data on
liquidity provision, in millions of euros. Click ECB40 for
full details.

TODAY PREV DAY
Use of overnight loan facility 1,545 1,409
Use of overnight deposit facility 104,262 100,254
Covered bond purchase programme 61,109 61,109

In June the ECB said it had completed its year-long covered
bond buying programme. [ID:nLDE65T1JZ] The total amount
purchased occasionally fluctuates due to valuation issues.

For details of previous ECB overnight lending operations,
see:
here
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For graphic of euro zone liquidity levels click
here
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(Reporting by Frankfurt newsroom)