Cash Rate

European Central Bank

ECB deposit facility rate

View on Euro area desk

2.50%

+0.25 pp last change (Sep 15, 2026)

As of Sep 17, 2026 | Daily (Euro area policy rate; changes on Governing Council decision days)

Average
1.10%
Median
1.00%
Low
-0.50% Sep 18, 2019
High
4.00% Sep 20, 2023
DateRate
Sep 17, 20262.50
Aug 31, 20262.25
Jul 31, 20262.25
Jun 30, 20262.25
May 31, 20262.00
Apr 30, 20262.00
Mar 31, 20262.00
Feb 28, 20262.00
Jan 31, 20262.00
Dec 31, 20252.00
Nov 30, 20252.00
Oct 31, 20252.00
Sep 30, 20252.00
Aug 31, 20252.00
Jul 31, 20252.00
Jun 30, 20252.00
May 31, 20252.25
Apr 30, 20252.25
Mar 31, 20252.50
Feb 28, 20252.75
Jan 31, 20253.00
Dec 31, 20243.00
Nov 30, 20243.25
Oct 31, 20243.25

About the ECB deposit facility rate

The ECB deposit facility rate is the euro area headline policy rate since September 2024 (FM.D.U2.EUR.4F.KR.DFR.LEV). Current: 2.50% on Sep 17, 2026. Germany, France, Italy and other euro-area countries share this single ECB series.

From Jan 1, 1999 to Sep 17, 2026 (10,122 observations): mean 1.10%, median 1.00%; low -0.50% (Sep 18, 2019), high 4.00% (Sep 20, 2023). Source: ECB statistics. Not a mortgage or deposit rate.

Source: ECB Data Portal, FM.D.U2.EUR.4F.KR.DFR.LEV (deposit facility). Licence: ESCB statistics reuse policy: free reuse with attribution; do not modify (Source: ECB statistics) (terms). Files: data/raw/ecb-deposit-facility.csv.

Reading this series

The ECB deposit facility rate is the interest rate the European Central Bank pays on overnight deposits from banks, and since September 2024 it has been the euro area's headline policy rate. It comes from the ECB Data Portal series FM.D.U2.EUR.4F.KR.DFR.LEV, with a daily record from 1999. The ECB Governing Council sets it at its monetary-policy meetings, so the chart is stepped at those decisions. Germany, France, Italy, Ireland and the euro-area desk all share this single ECB series; the site does not invent separate national policy rates for them.

Read the headline with its as-of date, then the "versus the previous reading" line; where the rate has been unchanged, the page surfaces the date of the last actual move. Mean, median, low and high are arithmetic summaries of the daily readings in this build. The range buttons filter what is drawn, and Chart and Table show the same series in two forms. The deposit facility is a central-bank policy rate, not a mortgage or deposit rate; the separate €STR page covers the euro overnight market rate instead.

About this desk

The Canada desk leads with the Bank of Canada's target for the overnight rate, then CORRA, the Canadian Overnight Repo Rate Average. US, UK and other official rates follow in the menu. The target is a policy setting the Bank changes at fixed announcement dates; CORRA is a market benchmark calculated from repo transactions and published, not set, by the Bank. Keeping both on one desk shows the policy rate and the market rate it steers.

All series are read from official files and republished without alteration. As on the US desk, Canadian dates are written month-first. The build covers two Canadian series only; it does not publish a Canadian mortgage or deposit rate because none is ingested. Every desk shows the same set in a different order, so the numbers are identical whichever desk you use. Nothing here is financial advice.