# Standing facility

- Canonical URL: https://www.gerhardmerk.de/standing-facility
- Post ID: 587638
- Modified: 2023-07-25T21:12:34+00:00
- Language: en

## Definition

At the ECB, the possibility of depositing, on one's own initiative, funds - until the next day against a given interest rate (deposit facility) or - to obtain overnight credit from the ECB (marginal lending facility). - The standing facilities send signals regarding the general stance of monetary policy and set the lower limit (deposit facility) and the upper limit (marginal lending facility) for overnight interest rates. - Cf. ECB Monthly Bulletin, May 2002, pp. 45 ff. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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