ECB Press Conference - 3 November 2011

2,281 views · Published 3 November 2011 · 15:13 · Indexed 27 September 2026

Channel: European Central Bank · 2011 · News & Politics

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At its meeting held on 3 November 2011 the Governing Council of the ECB decided that:

The interest rate on the main refinancing operations of the Eurosystem would be decreased by 25 basis points to 1.25%, starting from the operation to be settled on 9 November 2011.

The interest rate on the marginal lending facility would be decreased by 25 basis points to 2.00%, with effect from 9 November 2011.

The interest rate on the deposit facility would be decreased by 25 basis points to 0.50%, with effect from 9 November 2011.

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