# Collection of fixed-term deposits

- Canonical URL: https://www.gerhardmerk.de/collection-of-fixed-term-deposits
- Post ID: 594499
- Modified: 2023-07-25T21:00:15+00:00
- Language: en

## Definition

Monetary policy instrument that can be used by the ECB for fine-tuning purposes. Under this instrument, counterparties are offered an attractive interst yield on fixed-term deposits held by their customers in accounts with the national central banks. The purpose of this measure is to absorb liquidity in the market. - See the annex "Euro area statistics," section "Monetary statistics," subheading "Eurosystem monetary policy operations," sub-statistics "Other tender operations" in the respective ECB Monthly Bulletin on the volume of operations. 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/

## Machine-readable

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