Money · RATIOXA GLOSSARY
Marginal lending facility
Eurosystem overnight credit facility for banks against collateral.
Simple definition
Eurosystem overnight credit facility for banks against collateral.
Why it matters
This term changes how inputs, cash flows or results should be interpreted. RATIOXA keeps it explicit so two options are compared on the same basis.
Worked example
The 2.65% rate in July 2026 is not a consumer offer.