ECB Deposit interest rate in Eurozone
ECB Deposit interest rate in Eurozone increased from 3.75 % in 2023-08-02 to 4 % in 2023-09-20. Source: ECB
The ECB deposit interest rate indicates the interest rate that banks in the European Union receive for depositing excess reserves overnight with the European Central Bank. ECB uses it as a tool to manage liquidity in the EU banking system.