Central bank discount rate:
-0.35% (31 December 2016 est.)
-0.2% (31 December 2015)
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 Friday, November 27, 2020
