Meaning of COLLECTION OF FIXED-TERM DEPOSITS in English

COLLECTION OF FIXED-TERM DEPOSITS

A monetary policy instrument available to the Eurosystem for fine-tuning purposes. The Eurosystem offers remuneration on counterparties' fixed-term deposits on accounts with the national central banks in order to absorb liquidity from the market.

European Central Bank English Glossary.      Английский глоссарий Европейского Центрального Банка.