A deposit facility is a standing monetary-policy arrangement through which eligible counterparties place funds overnight with a central bank. The central bank pays interest on these deposits at a rate announced in advance, rather than negotiating the return for each transaction. In the Eurosystem, the facility is accessed through the relevant national central bank. It provides a formal mechanism for holding overnight balances with the central bank and is an important instrument in the operational framework for implementing monetary policy.
Passende Formel
Zinseszins
\[K_n=K_0(1+i)^n\]
Anfangskapital, Endkapital, Zinssatz und Laufzeit flexibel bestimmen.
Formel vollständig öffnenSource: European Central Bank (ECB) (source). This glossary entry is an independently worded adaptation of the cited information.