ECB main refinancing operations rate
The fixed rate at which euro-area banks borrow from the ECB in its regular operations.
Daily (business days), delayed Observed 2026-11-07 · retrieved 2026-11-07 · Source: European Central Bank · Not a live quote.
ECB main refinancing operations rate over time
Daily observations. Use the period buttons to change the range; the table beneath the chart lists the values.
ECB main refinancing operations rate
%.
Chart loads when it comes into view.
Latest values: ECB main refinancing operations rate 2.65 (2026-11-07).
Related relationships: European Central Bank key rates
What this indicator is and why it is watched
What it measures
The fixed rate at which euro-area banks borrow from the ECB in its regular operations.
Why it is watched
The historical headline ECB policy rate.
How it connects to the wider economy
Context, not a claim of cause.
See the deposit facility rate for the rate that currently steers markets.
Northline describes relationships as documented mechanisms, statistical associations or hypotheses. Nothing on this page states that a movement in this indicator caused a movement in another.
How the data are produced
- Publisher
- European Central Bank
- Dataset
- ECB FM
- Frequency
- Daily
- Unit
- %
- Observations
- 6,598 (long history)
- Retrieved
- 2026-11-07
- Series id
gl19_ecb_mro
Daily, ECB Data Portal.
Source: ECB statistics (Financial market data), series FM/D.U2.EUR.4F.KR.MRR_FR.LEV. Data unmodified; retrieved 2026-11-07 through the ECB Data Portal API.
Licence conditions: see source terms: https://www.ecb.europa.eu/stats/ecb_statistics/governance_and_quality_framework/html/usage_policy.en.html; attribution required; the provider’s terms do not address automated retrieval; Northline has not yet asked the provider to confirm it.
Missing observations are left missing and are never interpolated. Statistical agencies can revise published values; the observation date and retrieval date above identify the version shown. Methodology and sources.
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