Refinancing rate of the ECB
The European Central Bank (ECB) refinancing rate is the rate that banks have to pay when they borrow money from the ECB. The interest rates on real estate loans react to this interest rate. As a rule, a change in this interest rate also entails a change in the interest on real estate loans.
The table below shows the ECB refinancing rate since January 2009.
The ECB's refinancing interest rate has remained unchanged at 0.0% since 10th of march 2016.
Interest rate trends from the ECB
Date of change | Refinancing rate |
15.01.2009 | 2,00% |
05.03.2009 | 1,50% |
02.04.2009 | 1,25% |
07.05.2009 | 1,00% |
07.04.2011 | 1,25% |
07.07.2011 | 1,50% |
03.11.2011 | 1,25% |
08.12.2011 | 1,00% |
05.07.2012 | 0,75% |
02.05.2013 | 0,50% |
07.11.2013 | 0,25% |
05.06.2014 | 0,15% |
04.09.2014 | 0,05% |
10.03.2016 | 0,00% |