About the European Central Bank (ECB) Main Refinancing Rate

The ECB Main Refinancing Rate is the interest rate at which the European Central Bank lends money to other commercial financial institutions. Although there are several EBC interest rate (the Deposit Rate and the Marginal Lending Rate being the other main rates), the Main Refinancing Rate is the rate that tends to be regarded as the official interest rate for the Eurozone.

ECB rates are set by the Governing Council, which includes representitives from all the central banks within the Eurozone, and meets twice a month. Prior to countries joining the Euro their interest rates were set by their own respective central banks.

Graph of Historial ECB Main Refinancing Rates

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You can download a CSV file containing all the rate changes since 1999. The file is automatically updated with each rate change within 2 working days.

Recent Rates

 

Rate NameValue
UK flagBank Rate0.5
EU flagECB Refinancing Rate1.0000
US flagFed Funds Overnight Rate0.10
UK flagLIBOR (3 month sterling)1.11
UK flagLIBOR (1 month sterling)0.63
UK flagLondon PM Gold Fix (Sterling)1107.107
UK flagLondon PM Gold Fix (USD)1751