The composite cost-of-borrowing indicator for new euro area corporate loans fell -8 bps to 3.52% in July 2025, while household housing loan rates held broadly steady at 3.28%.

• Corporate loans >€1m with ≤3M fixation declined -4 bps to 3.24%, while those with >10Y fixation were stable at 3.56%; smaller loans ≤€250k with ≤3M fixation dropped sharply by -18 bps to 3.52%.

• New loans to sole proprietors with ≤1Y fixation were broadly unchanged at 3.95%, showing relative stability in small business borrowing costs.

• Corporate deposits with ≤1Y maturity fell -5 bps to 1.88%, while overnight deposit rates remained stable at 0.51%.

• Household housing loans with ≤1Y fixation declined -5 bps to 3.56%, while rates on 5–10Y and >10Y fixation stayed flat at 3.45% and 3.12%, respectively.

• Household deposits with ≤1Y maturity decreased -5 bps to 1.72%, while overnight deposits were steady at 0.25%; consumption loan rates rose +5 bps to 7.46%.