ECB, Key ECB interest rates ([Internet, 2024-08-15](https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html))
The Governing Council of the ECB sets the key interest rates for the euro area. These are as follows:
The interest rate on the main refinancing operations, which is the rate banks pay when they borrow money from the ECB for one week.
The rate on the deposit facility, which banks can use to make overnight deposits with the Eurosystem.
The rate on the marginal lending facility, which offers overnight credit to banks from the Eurosystem.