At the same time, on Tuesday the banking sector by the ECB overnight lending instruments borrowed 15.012 billion euros, up slightly from Monday's 14.825 billion euros. This loan will be charged a punitive interest of 1.75%.
Since August 2011, the use of tools of the European Central Bank overnight deposits remain high World Steel Pipe News , the euro-zone banks in general will be the central bank as excess funds to the safe harbor, rather than lending money to other banks. Such a high central bank overnight deposits indicate that the inter-bank lending market is the continuing distrust between state banks are particularly worried about counterparties of the euro zone sovereign debt in high-risk exposure.
According to data released Wednesday by the European Central Bank, European Central Bank overnight deposits tool usage in the week on Tuesday and again hit a record high World pipe network reported that the world's steel pipe network to provide the world's steel pipe network editor , totaling nearly € 453.2 billion at the same time overnight lending instruments, the use of chain a slight increase.
Tuesday, the European banking industry in the ECB's overnight deposit a total of 453.181 billion euros, more than 446.262 billion euros on Monday. The European banking sector deposits at the central bank will receive a 0.25% interest. € 453 181 000 000 broke the previous record of 452.034 billion euros last week's. Most analysts pointed out that the ECB was first introduced three-year refinancing operation after the banks have excess money in a central bank's results.