ECB deposit facility rate in August 2026 — it stayed at 2.25% all month; no change took effect
The ECB deposit facility rate was 2.25% throughout August 2026: it took effect on 17 June and the next change, to 2.50%, took effect on 16 September. The ECB held no monetary policy meeting in August.
The short answer: 2.25%
Throughout August 2026 the ECB deposit facility rate was 2.25%. No rate change took effect during that month. The ECB’s own table of key interest rates lists the rate as taking effect at 2.25% from 17 June 2026, and the next entry is 16 September 2026. August falls between the two. The decision of 23 July 2026 kept all three rates unchanged.[1][4]
The other two policy rates were likewise unchanged through August: main refinancing operations at 2.40% and the marginal lending facility at 2.65%, both in force from 17 June 2026.[1][4]
"Date (with effect from)" is not the decision date
The ECB table is headed "Date (with effect from)". That column gives the date the rate starts applying, not the date the Governing Council decided it. In 2026 the two dates differed by six days in both cases: the rise decided on 11 June took effect on 17 June, and the rise decided on 10 September took effect on 16 September.[1][3][5]
This matters for a question phrased by month. A decision taken in one month can take effect in the next, so ‘what was the rate in August’ and ‘did the ECB decide anything in August’ are different questions. For 2026 the answers line up: no change took effect in August, and the ECB decisions list has no August meeting.[1][2]
What changed on either side of August
Before: the 2.25% deposit rate took effect on 17 June 2026, up from 2.00% which had been in force since 11 June 2025 (both rows of the ECB table).[1][3]
After: with effect from 16 September 2026 the deposit facility rate is 2.50%, main refinancing operations 2.65% and the marginal lending facility 2.90% — a 25 basis point rise across all three, as the 10 September press release states.[1][5]
So a reader looking for the August 2026 rate needs the June figure. Reading the two table rows side by side, quoting 2.50% for August would be wrong by one rate step of 25 basis points.[1]
Which of the three is the policy rate
The ECB sets three rates, and the table lists them side by side: deposit facility, main refinancing operations and marginal lending facility. The ECB’s rates page says the Governing Council "decided in March 2024 to continue to steer the monetary policy stance through this rate" — the deposit facility rate — which is why that is the figure given first here.[1]
The main refinancing operations column is split into fixed-rate tenders (fixed rate) and variable-rate tenders (minimum bid rate), and recent rows show "-" in the variable-rate column. The table’s notes explain this: from the operation settled on 15 October 2008 the weekly main refinancing operations have been carried out through a fixed-rate tender procedure with full allotment.[1]
About the sources
The figures here are read from the ECB’s key interest rates table and from the ECB’s press releases on the decisions of 11 June, 23 July and 10 September 2026, found through the ECB’s monetary policy decisions index. All are the ECB’s own publications, so nothing on this page is corroborated outside the institution — though for an institution publishing its own administered rates, that is the primary record.[1][2][3][4][5]
Not established here: the vote, staff discussions or the accounts of the meetings. The press releases give the decisions and the Governing Council’s stated reasons; this page reports the rates only.[3][4][5]
Verified facts
Each fact is labelled with its evidence typeEach fact in this section carries its evidence type — either cross-checked against independent sources, or confirmed from a single authoritative record.
The Governing Council decided on 11 June 2026 to raise the three key ECB interest rates by 25 basis points, setting the deposit facility at 2.25%, the main refinancing operations at 2.40% and the marginal lending facility at 2.65%, with effect from 17 June 2026.[1][3] 1 source · authoritative record
On 23 July 2026 the Governing Council decided to keep the three key ECB interest rates unchanged at 2.25%, 2.40% and 2.65%.[1][4] 1 source · authoritative record
On 10 September 2026 the Governing Council decided to raise the three rates by 25 basis points to 2.50% (deposit facility), 2.65% (main refinancing operations) and 2.90% (marginal lending facility), with effect from 16 September 2026.[1][5] 1 source · authoritative record
The ECB key interest rates table lists 17 June 2026 (2.25%, 2.40%, 2.65%) followed directly by 16 September 2026 (2.50%, 2.65%, 2.90%); no change with an August 2026 effective date is listed.[1] 1 source · authoritative record
Statements and readings
Not counted as facts — each item shows what kind of statement it isFrom here on: statements not counted as facts — single-source reports, the issuing body’s own statements, and this page’s own readings, each labeled.
The ECB list of 2026 monetary policy decisions has entries for 23 July and 10 September 2026 and none in August; this page reads that as no rate decision having been taken in August.[2][4][5] Stated by the issuing body itself (primary source) · not independently verified · Reading of the ECB 2026 decisions index
Timeline
- 2026-06-11
Governing Council decides a 25 basis point rise in all three key rates.[3]
- 2026-06-17
Deposit facility rate takes effect at 2.25%, main refinancing at 2.40%, marginal lending at 2.65%.[1][3]
- 2026-07-23
Governing Council keeps the three key rates unchanged.[4]
- 2026-08-01
Start of August 2026 — no rate change takes effect this month, so the June levels remain in force.[1]
- 2026-09-10
Governing Council decides a further 25 basis point rise in all three key rates.[5]
- 2026-09-16
Deposit facility rate takes effect at 2.50%, main refinancing at 2.65%, marginal lending at 2.90%.[1][5]
- Model
- claude-opus-5
- Time
- 09/19/2026, 01:40
- Body characters
- 3,084
- Sources
- 5 sources adopted
- Model
- ChatGPT (checked sources on the web)
- Time
- 10/06/2026, 18:30
- Verdict
- Revision required
Show revision history (3)
| 09/19/2026, 09:00 | First authored (claude-opus-5) | Created |
| 09/19/2026 | First authored | Updated |
| 10/06/2026 | Revised after independent review: added the three 2026 decision press releases, dated the latest-rates FAQ, and corrected the explanation of the variable-rate column. | Updated |
Corrections
| 10/06/2026 | The page said the figures were cross-checked against the ECB decisions page and that individual press releases were not opened; the decisions index alone shows no rates. The 11 June, 23 July and 10 September 2026 press releases are now cited for each decision. The title and summary said nothing changed in August; they now say the rate stayed at 2.25% and no change took effect, with the absence of an August meeting taken from the ECB decisions list. The page said the table does not explain the "-" in the variable-rate column; the table notes describe the switch to fixed-rate tenders in October 2008. The claim about what press reports usually mean was replaced by the ECB’s own statement that the deposit facility rate steers the policy stance, and the "current rates" FAQ is now dated. | Applied |
Frequently asked
What was the ECB deposit facility rate in August 2026?
2.25%. It took effect on 17 June 2026 and was not changed again until 16 September 2026.[1][3]
Did the ECB change rates in August 2026?
No change took effect in August 2026, and the ECB decisions list has no August meeting. The 23 July 2026 decision kept the rates unchanged; the next decision, on 10 September, raised them with effect from 16 September.[1][2][4]
As of 6 October 2026, what were the latest listed ECB rates?
With effect from 16 September 2026: deposit facility 2.50%, main refinancing operations 2.65%, marginal lending facility 2.90%.[1][5]
Official links
- Official ECB — Key ECB interest rates
- Official ECB — Monetary policy decisions
Sources
- [1] Key ECB interest rates primary
- [2] Monetary policy decisions (index of 2026 Governing Council decisions) primary
- [3] Monetary policy decisions (press release, 11 June 2026) primary
- [4] Monetary policy decisions (press release, 23 July 2026) primary
- [5] Monetary policy decisions (press release, 10 September 2026) primary