European Central Bank

The European Central Bank (ECB) is the central bank for the euro and administers monetary policy of the Eurozone, which consists of 19 EU member states and is one of the largest currency areas in the world. It is one of the world's most important central banks and is one of the seven institutions of the European Union (EU) listed in the Treaty on European Union (TEU).

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    • Long-term interest rate statistics for EU Member States, Monthly Update
      October 2023
      Source: European Central Bank
      Uploaded by: Knoema
      Accessed On: 15 October, 2023
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      The statistics for EU Member States published here relate to interest rates for long-term government bonds denominated in national currencies. Where no harmonised long-term government bond yields are available, proxies derived from private sector bond yields or interest rate indicators are presented. The harmonised statistics are used for convergence assessment purposes, as stated in Article 121 of the Treaty establishing the European Community (the Treaty). Specific details are set out in Article 4 of the Protocol on the convergence criteria.
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    • Main Refinancing Rate of European Central Bank
      October 2023
      Source: European Central Bank
      Uploaded by: Raviraj Mahendran
      Accessed On: 08 October, 2023
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      The Main Refinancing Rate or minimum bid rate is the interest rate which banks do have to pay when they borrow money from the ECB. Banks do so when they are short on liquidities.   Euro area (changing composition) - Key interest rate - ECB Main refinancing operations - fixed rate tenders (fixed rate) (date of changes) - Level - Euro, provided by ECB