ECB Press Release

PRESS RELEASE - Monetary policy decisions, 5 December.

At today's meeting the Governing Council of the ECB took the following monetary policy decisions:

The minimum bid rate on the main refinancing operations will be reduced by 0.50 percentage point to 2.75%, starting from the operation to be settled on 11 December 2002.

The interest rate on the marginal lending facility will be reduced by 0.50 percentage point to 3.75%, with effect from 6 December 2002.

The interest rate on the deposit facilit

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: