| Author (Corporate) | European Central Bank |
|---|---|
| Series Title | Press Release |
| Series Details | 30.8.01 |
| Publication Date | 30/08/2001 |
| Content Type | News, Overview |
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At its meeting on 30 August 2001 the Governing Council of the ECB agreed to reduce the minimum bid rate on the main refinancing operations of the Eurosystem by 0.25% to 4.25%, starting from the operation to be settled on 5 September 2001. The interest rate on the marginal lending facility would be reduced by 0.25% to 5.25%, with effect from 31 August 2001. The interest rate on the deposit facility would be reduced by 0.25% to 3.25%, with effect from 31 August 2001. |
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| Source Link | Link to Main Source http://www.ecb.int/press/pr/date/2001/html/pr010830.en.html |
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| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe |
