Glossary entry (derived from question below)
German term or phrase:
Spitzenrefinanzierungsfazilität
English translation:
marginal lending facility
Added to glossary by
Natalie Wilcock (X)
Feb 10, 2003 09:40
21 yrs ago
German term
Natalie Wilcock (X)
Spitzenrefinanzierung
German to English
Bus/Financial
Investment / Securities
Just wanted to check whether my customer's rendering of the German Spitenrefinanzierung in English really hits the mark as they call it
'credit facilities with Bundesbank'. Any better or more appropriate term for this? Thanks in advance.
'credit facilities with Bundesbank'. Any better or more appropriate term for this? Thanks in advance.
Proposed translations
(English)
| 5 +2 | marginal lending facility |
Ralf Lemster
|
| 4 | marginal lending facility |
Jalapeno
|
Change log
Aug 10, 2005 07:40: Natalie Wilcock (X) changed "Field (specific)" from "(none)" to "Investment / Securities"
Proposed translations
+2
6 mins
Ralf Lemster
Germany
Germany
Native in German
Specializes in field
Germany
The language of financial markets
Native in: German
Works in: English to German, German, German to English, and 1 more.
Related KudoZ points
:
475
Selected
marginal lending facility
With the implementation of the ECB, national central banks within the Eurozone have largely surrendered their role as a provider of money-market liquidity - "credit facilities with Bundesbank" were never quite correct (it would have been "Lombard facilities"), but now it's plainly wrong. Check the ECB web site (see URL below).
Reference:
4 KudoZ points awarded for this answer.
Comment: "Wow, that took all of five seconds, thanks very much to all.
"
6 mins
marginal lending facility
At least that's what I was told by my professor last week.
Reference:
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