Suomen Pankki

Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates)

31.7.2020 16:02:43 EEST | Suomen Pankki | News

Share

Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates) July 2020

Keywords

Images

Links

About Suomen Pankki

Suomen Pankki
Suomen Pankki
Snellmaninaukio, PL 160
00101 HELSINKI

09 1831http://www.bof.fi

The Bank of Finland is the national monetary authority and central bank of Finland. At the same time, it is also a part of the Eurosystem, which is responsible for monetary policy and other central bank tasks in the euro area and administers use of the world’s second largest currency – the euro.

Subscribe to releases from Suomen Pankki

Subscribe to all the latest releases from Suomen Pankki by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Suomen Pankki

Centralbankskrediternas roll i styrningen av Eurosystemets räntor ökar när likviditeten minskar14.10.2026 11:02:29 EEST | Pressmeddelande

När affärsbankernas inlåning i centralbanken, dvs. centralbankslikviditeten, minskar, kommer styrningen av de korta penningmarknadsräntorna basera sig allt mer på en aktiv penningmarknad och Eurosystemets likviditetstillförande refinansieringstransaktioner. Beloppet av centralbanksinlåning minskar till följd av förfall av de värdepapper som Eurosystemet köpte under perioden med låg inflation och under coronapandemin.

Role of the Eurosystem’s refinancing operations in interest rate steering will grow as liquidity declines14.10.2026 11:02:29 EEST | Press release

As the volume of central bank liquidity declines, the Eurosystem will conduct its steering of short-term money market interest rates via an active money market and its refinancing operations. Central bank liquidity means central bank deposits held by commercial banks, i.e. central bank reserves. The amount of central bank reserves is declining as the debt securities purchased by the Eurosystem during the low inflation period and the COVID-19 pandemic mature.

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye