ECB Main Refinancing Rate

Description

The ECB Main Refinancing Rate is the interest rate at which banks can borrow from the ECB for one week. It is the primary monetary policy tool of the European Central Bank.

Key risks

macro-risk

This risk may negatively affect the instrument’s performance under certain market conditions.

The list of risks is not exhaustive and highlights the most material structural and market-related factors.

Portfolio role & behavior

Economic role

benchmark

Behavior

counter-cyclical

The information provided is for analytical and informational purposes only and does not constitute investment advice.

Any decisions are made independently by the user and at their own risk.

For details, see legal terms.