Marginal lending facility of ECB monthly 2016-2018

The data displays the value of marginal lending facility of European Central Bank (ECB) from August 2016 to August 2018. 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. The marginal lending facility of ECB amounted to approx. 30 million euro as of August 31, 2018.