Euro short-term rate (€STR)

Source: ECB Data Portal, EST.B.EU000A2X2A25.WT (euro short-term rate). Licence: ESCB statistics reuse policy: free reuse with attribution; do not modify (Source: ECB statistics) (terms). Files: data/raw/ecb-estr.csv.

Reading this series

The euro short-term rate, or €STR, is the euro area's unsecured overnight borrowing benchmark, based on transactions reported by banks. The ECB publishes it from its Data Portal as series EST.B.EU000A2X2A25.WT, and the series begins on 1 October 2019. The ECB administers and publishes €STR but does not set it: it is a market rate that tracks overnight euro funding conditions, so it moves daily and is not stepped.

The headline is the latest daily print; the chart and long-run statistics use month-ends so the browser is not asked to draw every observation. Read the headline with its as-of date, then the "versus the previous reading" line for the direction of the last change. Mean, median, low and high are arithmetic summaries of the observations in this build, not official aggregates. Chart and Table show the same series two ways, the range buttons shorten the window without recalculating, and Explore adds zoom and pan on request. €STR is not the deposit facility rate, and neither is a mortgage or deposit rate.

About this desk

The Brazil desk leads with the Selic target, read from the BIS central bank policy rate series for Brazil, then US, Mexico and ECB rates. The Selic target is set by the Banco Central do Brasil's Copom and is the anchor for the overnight interbank rate; the BIS series is the overnight Selic target from 1999, with earlier stretches splicing other central-bank instruments. It is drawn as daily steps because it changes only at Copom decisions.

All desks show the same series in a different order, so the figures do not change when you switch. Values are republished with attribution to the BIS; this site is not an official BIS publication. The build ingests no Brazilian retail lending rate, so that page is absent rather than estimated. Nothing here is financial advice, and readings may lag their source.