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ECB: overnight deposits drop to 495,351 billion

Yesterday's data released by the ECB certify the drop below 500 billion in overnight deposits, to 495,351 billion euros – Requests for marginal loans, which rose to 1,933 billion euros, were almost unchanged.

ECB: overnight deposits drop to 495,351 billion

At the end of yesterday, according to data released directly by the ECB, European banks' overnight deposits with the central bank fell below the 500 billion mark (after Monday's 503,388 billion), to 495,351 billion euros. The decline in this indicator could mean an increased liquidity injection from European banks to the real economy and would therefore be a sign of confidence from the market.

remain requests for marginal loans remained substantially unchanged, which went from 1,816 billion in the previous session to 1,933 billion. In the second 40 billion covered bond purchase program launched last November 3, purchases yesterday evening had risen to 5,603 billion from 5,575 billion the day before.

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