European Union Central bank discount rate

Factbook > Countries > European Union > Economy

Central bank discount rate: 0.25% (31 December 2016 est.)
0.3% (31 December 2015 est.)
note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area

Definition: This entry provides the annualized interest rate a country's central bank charges commercial, depository banks for loans to meet temporary shortages of funds.

Source: CIA World Factbook - This page was last updated on January 20, 2018

© 2018 IndexMundi. All rights reserved.