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%.