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ECB’s monetary policy decisions

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Monetary Policy Decisions:

At the Governing Council meeting, held on November 7th 2013, ECB took the following monetary policy decisions:

  1. The interest rate on the main refinancing operations of the Eurosystem will be decreased by 25 basis points to 0.25%, starting from the operation to be settled on 13 November 2013.
  2. The interest rate on the marginal lending facility will be decreased by 25 basis points to 0.75%, with effect from 13 November 2013.
  3. The interest rate on the deposit facility will remain unchanged at 0.00%.

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Source: ECB

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