This indicator reports the interest rate set by the European Central Bank for overnight loans to banks through its marginal lending facility.
Releases at
14:15
Thursday, October 29, 2026 at 14:15
The marginal lending facility rate is a key tool the ECB uses to influence short-term interest rates and liquidity in the banking system.
Changes in this rate signal the ECB's stance on monetary policy, affecting borrowing costs and financial conditions across the eurozone.
Investors and markets watch this rate decision closely as it impacts the euro currency, bond yields, and overall market sentiment about future ECB policy moves.
Euro tends to strengthen as tighter monetary policy is implied, bond yields may rise.
Euro tends to weaken as monetary policy is seen as more accommodative, bond yields may fall.
Markets generally remain stable, focusing on ECB forward guidance for future moves.