The official interest rates of the
European Central Bank
|
The official interest rates of the European Central Bank |
Table 7a |
|||
| With effect from1 |
Deposit facility
|
Main refinancing operations
|
Marginal
lending facility |
|
|
Fixed rate tenders
|
Variable
rate tenders |
|||
|
Fixed rate
|
Minimum bid rate
|
|||
| 2000 4 Feb |
2.25
|
3.25
|
-
|
4.25
|
| 17 Mar |
2.50
|
3.50
|
-
|
4.50
|
| 28 Apr |
2.75
|
3.75
|
-
|
4.75
|
| 9 Jun |
3.25
|
4.25
|
-
|
5.25
|
| 28 - 2 |
3.25
|
-
|
4.25
|
5.25
|
| 1 Sep |
3.50
|
-
|
4.50
|
5.50
|
| 6 Oct |
3.75
|
-
|
4.75
|
5.75
|
| 2001 11 May |
3.50
|
-
|
4.50
|
5.50
|
| 31 Aug |
3.25
|
-
|
4.25
|
5.25
|
| 18 Sep |
2.75
|
-
|
3.75
|
4.75
|
| 9 Nov |
2.25
|
-
|
3.25
|
4.25
|
| 2002 6 Dec |
1.75
|
-
|
2.75
|
3.75
|
| Source: ECB. 1 The date refers to the deposit and marginal lending facilities. For main refinancing operations, unless otherwise indicated, changes in the rate are effective from the first operation following the date indicated. 2 On 8 June 2000 the ECB announced that, starting from the operation to be settled on 28 June 2000, the main refinancing operation of the Eurosystem would be conducted as variable rate tenders. The minimum bid rate refers to the minium interest rate at which counterparties may place their bids. |
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