#C/2026/01398Interest Rate Applied by the European Central Bank to its Main Refinancing Operations
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This law establishes the interest rate applied by the European Central Bank (ECB) for its main refinancing operations, set at 2.15% as of April 1, 2026. This rate is critical as it influences borrowing costs across the eurozone, affecting both lending and economic activity. Additionally, the law provides updated currency exchange rates for various currencies against the euro.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Introduction of a fixed interest rate of 2.15%
- Update of currency exchange rates
- Impact on economic activity in the eurozone
Obligations
What this law requires
Apply an interest rate of 2.15% to main refinancing operations as of April 1, 2026
Use the official euro exchange rates published on April 1, 2026 for currency conversions against the euro (e.g., 1 EUR = 1.1605 USD, 183.73 JPY, 7.4726 DKK, etc.)
For variable rate tenders, apply the marginal rate as the interest rate for main refinancing operations
Apply the interest rate to the most recent main refinancing operation carried out before April 1, 2026
Reference and publish the official ECB exchange rates as the authoritative source for euro currency conversion rates