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 at 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 United Kingdom desk leads with Bank Rate, the Bank of England's policy rate, then SONIA, the sterling overnight market benchmark the Bank publishes but does not set. Euro-area, US, Canadian and Australian rates follow, with the rest of the build's series after them. All desks republish the same official series; this desk only reorders the menu and the wording, so the figures do not change when you switch desks.

Both UK series come from Bank of England statistical tables and are republished under the Bank's open-data terms, with attribution. Bank Rate is a policy setting that moves at MPC decisions; SONIA is a transaction-based market rate that moves daily. The build does not publish a UK retail mortgage or savings rate, because no such official series is ingested here — those pages are absent rather than estimated. This is not financial advice.