Key Post ECB rate history

15/12/2022 2.5%
2/2/2023 3%
16/3/ 2023 3.5%
4/5/ 2023 3.75%
15/6/2023 4%
27/7/2023 4.25%
20/9/2023 4.5%
12 June 2024 4.25%
18 Sept 2024 3.65 % (.25% + .35% technical adjustment)
23 Oct 2024 3.4%





Source and note:

Source: www.ecb.int.

As per the ECB table, on their website, the ECB decide on 3 different types of interest rates. For tracker mortgages, the relevant ECB interest rate is the ECB 'refinancing' rate. The ECB 'refinancing' rate is sometimes a 'fixed tender' rate or a 'variable tender' rate. This sub-classification does not matter for tracker mortgages. Hence, one only needs to look at the 'refinancing' rate.

Updated for recent increases

For what it's worth the historical rates are listed here:

Just to be aware if reading Bloomberg, FT , etc regarding rates that they invariably referring to the deposit rate unless they state otherwise.

ClubMan said:

For what it's worth the historical rates are listed here:

Official interest rates

The three official interest rates the ECB sets every six weeks as part of its monetary policy to steer the provision of liquidity to the banking sector.

www.ecb.europa.eu

Click to expand...

Is that in case people don't bother reading my post?

Brendan Burgess said:

Source: www.ecb.int.

Click to expand...

Sorry, I assumed that your link was to the home page given that the display text is exactly that.