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Euro - Background / ECB
ECB decisions
Published: August 10 2001 15:41GMT | Last Updated: February 8 2002 11:44GMT
Key ECB interest rates
(levels in percentages)

Date Main refinancing operations

    Fixed rate tenders
Fixed rate
Variable rate tenders
Minimum bid rate
  With effect from level level

2001
    8 Nov     3.25
   18 Sep    3.75
   31 Aug    4.25
   11 May    4.50
 2000  6 Oct    4.75
   1 Sept    4.50
   1 Sept    4.50
   28 Jun*    4.25
   9 Jun 4.25   
   28 April 3.75   
   17 March 3.50   
  4 Feb 3.25   
1999  5 Nov 3.00   
   9 Apr 2.50   
   22 Jan 2.50   

*On 8 June 2000 the ECB announced that starting from the operation to be settled on June 28 2000, the main refinancing operations of the Eurosystem would be conducted as variable rate tenders. The minimum bid refers to the minimum interest rate at which counterparties may place their bids

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