Banks trim back overnight ECB deposits

FRANKFURT, Sept 10 (Reuters) - Banks trimmed the amount of
money they deposited at the European Central Bank, figures on
Friday showed, as they continued to juggle their funding during
the early stages of the ECB's latest reserves period.

The central bank reported the following daily data on
liquidity provision, in millions of euros. Click ECB40 for
full details.

TODAY PREV DAY
Use of overnight loan facility 620 0
Use of overnight deposit facility 40,519 44,328
Covered bond purchase programme 61,109 61,109

In June the ECB said it had completed its year-long covered
bond buying programme. [ID:nLDE65T1JZ] The total amount
purchased occasionally fluctuates due to valuation issues.

For details of previous ECB overnight lending operations,
see:
here
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For graphic of euro zone liquidity levels click
here
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(Reporting by Frankfurt newsroom)