Central bank rates · FM.D.U2.EUR.4F.KR.MRR_RT.LEV
ECB main refinancing operations rate
The rate at which banks borrow from the ECB for one week. Published monthly by European Central Bank.
Trailing 12 months
| Period | Value | Change, % | Status |
|---|---|---|---|
| October 2026 | 2.65 | 0.0% | |
| September 2026 | 2.65 | +10.4% | |
| August 2026 | 2.40 | 0.0% | |
| July 2026 | 2.40 | 0.0% | |
| June 2026 | 2.40 | +11.6% | |
| May 2026 | 2.15 | 0.0% | |
| April 2026 | 2.15 | 0.0% | |
| March 2026 | 2.15 | 0.0% | |
| February 2026 | 2.15 | 0.0% | |
| January 2026 | 2.15 | 0.0% | |
| December 2025 | 2.15 | 0.0% | |
| November 2025 | 2.15 | 0.0% |
What this number means
The rate at which banks borrow from the ECB for one week. Historically this was the ECB's headline rate; since 2019 the deposit facility rate has taken that role, because the banking system holds surplus cash and banks borrow little.
Source
Published by European Central Bank.
Indicator code: FM.D.U2.EUR.4F.KR.MRR_RT.LEV.
The exact query these figures came from
Euro area (changing composition) - Key interest rate - Main refinancing operations - Minimum bid rate/fixed rate (date of changes) - Level - Euro, provided by ECB Paskutinė mėnesio paskelbta reikšmė (dienos duomenys).
At a glance
| Change over one period | 0.0% | |
|---|---|---|
| Change over a year | +23.3% | |
| Highest | 2.65 | September 2026 |
| Lowest | 2.15 | November 2025 |
Changes are percentages relative to the comparison value. A zero or negative comparison value is shown as unavailable. Highest and lowest refer to the selected period.