Super work in the last few days at the ECB's offices, where there has been a sharp increase in deposits from eurozone banks. At the same time, requests for loans have also increased. From Frankfurt they announced that in recent days the total deposited has suddenly grown from 49,8 to 86,6 billion and then again to 104,889 billion. Only in mid-July we were still at 20 billion. On these sums the yield is 0,75%, against the official 1,5% of the ECB.
Lenders in the euro area also borrowed 1,15 billion from the ECB's marginal branch. Also in this case the increase was exceptional, since until Friday the figure was still at 28 million. In the last session, however, the requests dropped again, stopping at 9 million. The interest paid is 2,25%.
In a period of speculative attacks against bank stocks, especially in peripheral countries most exposed to the risk of contagion from the Greek debt crisis, it is probable that institutions are trying to dispel any doubts about their liquidity by cashing in all possible long-term funds.
