Cash Rate

European Central Bank

ECB deposit facility rate

View on Euro area desk

2.50%

+0.25 pp last change (15 Sep 2026)

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

Mean
1.10%
Median
1.00%
Min
-0.50% 18 Sep 2019
Max
4.00% 20 Sep 2023
DateRate
17 Sep 20262.50
31 Aug 20262.25
31 Jul 20262.25
30 Jun 20262.25
31 May 20262.00
30 Apr 20262.00
31 Mar 20262.00
28 Feb 20262.00
31 Jan 20262.00
31 Dec 20252.00
30 Nov 20252.00
31 Oct 20252.00
30 Sep 20252.00
31 Aug 20252.00
31 Jul 20252.00
30 Jun 20252.00
31 May 20252.25
30 Apr 20252.25
31 Mar 20252.50
28 Feb 20252.75
31 Jan 20253.00
31 Dec 20243.00
30 Nov 20243.25
31 Oct 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 17 Sep 2026. Germany, France, Italy and other euro-area countries share this single ECB series.

From 1 Jan 1999 to 17 Sep 2026 (10,122 observations): mean 1.10%, median 1.00%; low -0.50% (18 Sep 2019), high 4.00% (20 Sep 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 Sweden desk leads with the Riksbank policy rate, styrräntan, from the BIS central bank policy rate series for Sweden, then Norway, ECB and UK rates. Since 1994 the series is the repo rate; earlier stretches splice the marginal rate and the discount rate, which were the policy instruments of their day. The BIS stitches them into one comparable series, drawn as daily steps. It is a policy rate, not a retail lending rate.

All desks show the same official series in a different order, so the numbers 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 Swedish mortgage or deposit series, so those pages are absent rather than estimated. This is not financial advice.