Euro Area Deposit Interest RateEuro Area Deposit Interest RateEuro Area Deposit Interest Rate

Euro Area Deposit Interest Rate

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Key data points


Last release
Observation period
Oct 2024
Next release
Forecast
Highest
4.00% on May 31, 2024
Lowest
−0.50% on Jun 9, 2022

About Euro Area Deposit Interest Rate


Category
Money
Frequency
Monthly
Units
%
The deposit facility, as a standing facility, aims to absorb overnight liquidity, signal the general stance of monetary policy and normally provides a floor for the overnight market interest rate. The deposit facility is used at overnight deposits with the national central banks.