ECB Governing Council’s decision to increase the remuneration of the deposit facility to 0.75%, with effect from 14 September 2022, the excess liquidity positions of credit institutions have undergone significant rebalancing based on September 2022 data
Chapter 1. Main economic indicators of the euro area
Following the ECB Governing Council’s decision to increase the remuneration of the deposit facility to 0.75%, with effect from 14 September 2022, the excess liquidity positions of credit institutions have undergone significant rebalancing based on September 2022 data, as shown in Table 1.99 “Consolidated balance sheet of the Eurosystem (A) and Balance sheet of the Banco de España (B). Net lending to credit institutions and their counterparts”. Reserve accounts (columns 7 and 20) decrease in favour of deposit facility balances (columns 5 and 16).