Main refinancing rate (0.05 in the Eurozone) the publicly visible interest rate the central bank announces.

European System of Accounts 1995 ( ESA 95 ) a system of uniform statistical definitions and classifications aimed at achieving a harmonised quantitative description of the economies of the Member States .

EURIBOR ( euro interbank offered rate ) the rate at which a prime bank is willing to lend funds in euro to another prime bank .

The ECB will remunerate these claims of the NCBs at a rate derived from the Eurosystem 's main refinancing rate .

European System of Accounts 1995 ( ESA 95 ) a system of uniform statistical definitions and classifications aimed at achieving a harmonised quantitative description of the economies of the Member States . The ESA 95 is the Community 's version of the world System of National Accounts 1993 ( SNA 93 ) .

MRi marginal interest rate for the most recent main refinancing operation settled on or before calendar day i.

The primary language is English, with a literacy rate of approximately 98 .

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marginal lending rate deposit rate main refinancing rate 5.0 4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 Q1 Q2 1999 Sources ECB and Reuters .

EURIBOR ( euro interbank offered rate ) the rate at which a prime bank is willing to lend funds in euro to another prime bank , computed daily for interbank deposits with different maturities of up to 12 months .

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MRi marginal interest rate for the most recent main refinancing operation settled on or before calendar day i. 7.5 .

EURIBOR ( euro interbank offered rate ) the rate at which a prime bank is willing to lend funds in euro to another prime bank , computed daily for interbank deposits with a maturity of up to 12 months .

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The purpose of this allotment policy is to maintain very short term rates close to the main official rate , namely the minimum bid rate in the Eurosystem 's MROs .

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SERIES ON INVESTMENT FUNDS TO BE TRANSMITTED TO THE ECB TRANSACTIONS DATA

( Memorandum items )

In the case of the special term refinancing operations , the fixed rate will be the same as the rate used in the respective MRO .

ERM II ( exchange rate mechanism II ) the exchange rate arrangement that provides the framework for exchange rate policy cooperation between the euro area countries and the EU Member States not participating in Stage Three of Economic and Monetary Union . EURIBOR ( euro interbank offered rate ) the rate at which a prime bank is willing to lend funds in euro to another prime bank , computed daily for interbank deposits with different maturities of up to 12 months .

EURIBOR ( euro interbank offered rate ) the rate at which a prime bank is willing to lend funds in euro to another prime bank , as reported by a panel of contributing banks , computed daily for interbank deposits with different maturities of up to 12 months .

EU Treaty see Treaty . EUREPO the rate at which one prime bank offers funds in euro to another prime bank in exchange for collateral consisting exclusively of government bonds and bills issued by euro area countries .

MR i marginal interest rate for the most recent main refinancing operation settled on or before calendar day i.

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Ahead of the announcement of the decisions to increase ECB interest rates , the overnight interest rate , as measured by the EONIA , typically tended to stand above the rates which signalled the stance of monetary policy ( this was the rate applicable to fixed rate tenders until the main refinancing operation settled on 21 June 2000 and the minimum bid rate applicable to variable rate tenders thereafter ) .

i ith calendar day of the maintenance period t. MRi marginal interest rate for the most recent main refinancing operation settled on or before calendar day i.

The main part of pension savings accounts is placed in securities and the interest rate on the accounts therefore depends on the yield of the underlying securities .

Diesel fuel in general is any liquid fuel used in diesel engines, whose fuel ignition takes place, without spark, as a result of compression of the inlet air mixture and then injection of fuel.

Fixed rate Variable rate Zero coupon rate

The main and the longer term refinancing operations are executed according to an 1 In fixed rate foreign exchange swap tenders , the ECB fixes the swap points of the operation and the counterparties offer the amount of currency kept fixed that they wish to sell ( and buy back ) or buy ( and sell back ) at that rate .

Fixed rate and variable rate tenders The Eurosystem has the option of conducting either fixed rate ( volume ) or variable rate ( interest ) tenders .

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