Latest Updates

• Euro Area Bank Interest Rates: June 2025 2025-07-31 04:00

  The composite cost-of-borrowing indicator for new loans to euro area corporations fell -5 bps to 3.61% in June 2025, while the rate for new household housing loans was unchanged at 3.30%.

  • Corporate loans over €1 million with >10Y fixation dropped -17 bps to 3.54%; loans ≤€250k with ≤3M fixation fell -7 bps to 3.71%.
  • Loans to sole proprietors with ≤1Y fixation declined -14 bps to 3.97%.
  • Corporate deposits with ≤1Y maturity dropped -12 bps to 1.93%; overnight deposits fell -5 bps to 0.53%.
  • Household housing loans with floating rates (≤1Y fixation) declined -9 bps to 3.61%; loans for consumption fell -13 bps to 7.40%.
  • Household deposits with ≤1Y maturity dropped -7 bps to 1.77%; overnight deposit rates held at 0.27%.

  Source
• Euro Area Bank Interest Rates: May 2025 2025-07-04 04:00
  

  The composite cost-of-borrowing indicator for new loans to euro area corporations fell -15 bps to 3.65% in May 2025, while the indicator for new household housing loans held steady at 3.30%.

  • Corporate loans over €1 million with floating rates (≤3-month fixation) dropped -29 bps to 3.26%; loans ≤€250k fell -13 bps to 3.78%.
  • Rates on corporate deposits with agreed maturity (≤1 year) declined -10 bps to 2.05%, while overnight deposit rates held at 0.58%.
  • Housing loans with floating rates (≤1 year fixation) fell -15 bps to 3.70%, while 5–10 year fixation loans rose +13 bps to 3.45%.
  • Household deposit rates (≤1 year maturity) dropped -11 bps to 1.84%; redeemable-at-notice (3-month) deposits declined -5 bps to 1.45%.
  • Consumption loan rates for households remained unchanged at 7.53%.

  Source
• Euro Area Bank Interest Rates: April 2025 2025-06-04 04:00
  

  The composite cost-of-borrowing indicator for new loans to corporations fell -14 bps to 3.79% in April 2025, while the indicator for new housing loans to households dropped -5 bps to 3.27%.

  • Corporate loan rates for amounts over €1 million with 3–12 month fixation periods fell -13 to -27 bps; loans up to €250k dropped -12 bps to 3.90%.
  • Household mortgage rates with 5–10 year fixation dropped -4 bps to 3.32%, and >10 year loans fell -7 bps to 3.03%.
  • Corporate deposit rates (≤1 year maturity) declined -17 bps to 2.15%, while overnight deposit rates dropped -7 bps to 0.60%.
  • Household deposit rates (≤1 year maturity) decreased -13 bps to 1.96%; overnight rates were steady at 0.29%.
  • Consumption loan rates for households held flat at 7.52%.

  Source
• Euro Area Bank Interest Rates: March 2025 2025-05-06 04:00
  

  The cost-of-borrowing indicator for new corporate loans fell -19 bps to 3.93% in March, the lowest since January 2023.

  • The cost-of-borrowing indicator for new mortgages for households was unchanged at 3.32%.
  • Composite interest rate for new deposits with agreed maturity from corporations decreased by -17 bps to 2.33%; interest rate for overnight deposits from corporations decreased by -5 bps to 0.67%.
  • Composite interest rate for new deposits with agreed maturity from households decreased by -10 bps to 2.11%; interest rate for overnight deposits from households broadly unchanged at 0.31%.

  Source
• Euro Area Bank Interest Rates: February 2025 2025-04-02 04:00

  The composite cost-of-borrowing indicator for euro area firms fell -15 bps to 4.10% in February.

  • The cost-of-borrowing indicator for mortgages in the euro area increased 8 bps to 3.33%.
  • The interest rate for firms’ new deposits with agreed maturity and overnight deposits both decreased, down -16 bps to 2.50% and -4 bps to 0.72%, respectively.
  • The interest rate for households new deposits with agreed maturity fell -13 bps to 2.21%, but the rate on overnight deposits was unchanged at 0.32%.

  Source
• Euro Area Bank Interest Rates: January 2025 2025-03-05 04:00
  

  Interest rates in the euro area continued to decline going into the new year.

  • The composite cost-of-borrowing indicator for corporate loans fell -12 bps to 4.24%.
  • The composite cost-of-borrowing indicator for mortgages fell -14 bps to 3.25%.
  • The rate on new deposits for firms fell -14 bps to 2.66%, and for households, fell -11 bps to 2.34%.

  Source
• Euro Area Bank Interest Rates: December 2024 2025-02-04 04:00
  

  The euro area ended 2024 with interest rates falling substantially due to ECB rate cuts.

  • The composite cost-of-borrowing indicator for corporate loans fell -16 bps to 4.36% and for household mortgages fell -8 bps to 3.39%.
  • The corporate composite rate for new deposits with agreed maturity fell -12 bps to 2.80%, and overnight deposit rates fell by -4 bps to 0.77%.
  • The household composite rate for new deposits with agreed maturity fell -15 bps to 2.45%, and overnight deposit rates were unchanged at 0.35%.
  • New loan volumes are on the rise in response. The total volume of new €1 million+ loans with a floating rate and an initial rate fixation period jumped around €45 billion to €153.0 billion in December vs November.
  • While rates fell for households. the increase in household loan volumes was lower. The total volume of new mortgage loans was only up €0.18 billion to €58.34 billion

  Source
• Euro Area Bank Interest Rates: November 2024 2025-01-07 04:00
  

  The ECB’s composite cost-of-borrowing indicator for new corporate loans fell -15 bps to 4.52%, and for loans for household home purchases fell -8 bps to 3.47%.

  • Interest rates on new deposits (with agreed maturity) for corporations fell -17 bps to 2.89% and for households fell -12 bps to 2.61%.
  • These indicators are broadly starting to react to rate cuts by the ECB in the last few months.

  Source