What is standing lending facility?

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Tags

1. #policy
2. #facility
3. #monetary
4. #marginal
5. #offers
6. #deposit
7. #opposed
8. #counterparties
9. #overnight
10. #standing
11. #eurosystem
12. #banks
13. #operations
14. #lending
15. #market
16. #initiated
17. #central
18. #facilities
19. #which