EURO developments: Interest rates

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Series Title
Series Details No.5/6 December
Publication Date December 1999
ISSN 0264-7362
Content Type

At the 4 November 1999 meeting of the Governing Council of the European Central Bank it was decided that: the interest rate on the mian refinancing operations of the Eurosystem will be raised by 0.5% to 3%, with effect from operation to be settled on 10.11.99; the interest rate on the marginal lending facility will be raised by 0.5% to 4%, with effect from 5.11.99; the interest rate on the deposit facility will be raised by 0.5% to 2%, with effect from 5.11.99.

Source: Press Release (ECB), 4.11.99

Source Link http://www.ecb.int/press/key/date/1999/html/index.en.html
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