Increase in ECB overnight borrowing facility is not due to a technical error – Monetary source

Not sure what a monetary source is exactly, but what the heck.

Shock horror!! You mean all that stuff about a fat finger was just so much cobblers? Well blow me down, who would have thunk it?

• Increase of ECB overnight borrowing is sign that money market is still not fully working in some of its parts
• Italian banking system continues to have good access to money market

Guess it’s an Italian monetary source