12 Sep Euro Area Deposit Facilty Rate
Deposit Interest Rate In the Euro Area decreased to -0.50 percent in September from -0.40 percent in August of 2019. Deposit Interest Rate in the Euro Area averaged 1.27 percent from 1999 until 2019, reaching an all time high of 3.75 percent in October of 2000 and a record low of -0.50 percent in September of 2019. The deposit facility, as a standing facility, aims to absorb overnight liquidity, signal the general stance of monetary policy and normally provides a floor for the overnight market interest rate. The deposit facility is used at overnight deposits with the national central banks. This page provides – Euro Area Deposit Interest Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.