Bloomberg News

ECB Says Banks Increased Deposits to 123.2 Billion Euros

October 14, 2011

Oct. 14 (Bloomberg) -- The European Central Bank said banks in the euro area increased overnight deposits to 123.2 billion euros ($169.7 billion), up from 105.5 billion euros the previous day.

Banks borrowed 2.9 billion euros at the marginal rate of 2.25 percent, down from 3 billion euros the day before.

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To contact the reporter on this story: Jeff Black in Frankfurt at jblack25@bloomberg.net

To contact the editor responsible for this story: Jana Randow at jrandow@bloomberg.net


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