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Austria policy interest rate

ECB deposit facility rate — the euro area policy rate that applies to Austria. The Oesterreichische Nationalbank (OeNB) is a Eurosystem national central bank and sets no independent policy rate.

Current value2.25 percent
In force from2026-06-17
Official sourceEuropean Central Bank, Key ECB interest rates (official rate table), re-loaded 2026-07-22
Last verified2026-07-22
Verificationprimary — No verification limitation recorded — read from the official source cited.
Provenancesource fingerprint

What this value means

STRUCTURAL: Austria has no national policy rate. Monetary policy is set by the ECB Governing Council for the whole euro area; the OeNB implements it and its Governor sits on the Governing Council but casts one vote among twenty-six. The deposit facility rate (DFR) is served here because since the September 2024 operational-framework change the DFR is the ECB's de facto steering rate for short-term money market rates (€STR). The official ECB key-rates table was independently re-loaded on 2026-07-22 and shows, with effect from 17 June 2026: deposit facility 2.25%, main refinancing operations 2.40%, marginal lending facility 2.65%. The DFR had been at 2.00% since 11 June 2025, so 17 June 2026 was a 25bp increase reversing part of the 2024-25 easing cycle. IDENTICAL value and effective_from must be served for DE, FR, IT, ES, NL and every other euro area member — any divergence between euro area country files is a data error, not a real difference. If you need the MRO rate instead (which is the rate some Austrian statutory reference-rate provisions key off, e.g. the Basiszinssatz mechanism feeding commercial default interest under § 456 UGB), it is 2.40%. VERIFICATION SCOPE: the three rate levels and the 17 June 2026 effective date were read directly off the ECB rate table on 2026-07-22 and are confirmed. The surrounding narrative carried in sibling euro area files — the 11 June 2026 Governing Council decision date, the stated inflation motivation and the Eurosystem staff HICP projections — was NOT re-read from the ECB press release in this pass and is not asserted here. Effective dates follow the settlement of the first main refinancing operation after a decision, not the decision date, which is why decision and effective dates differ by roughly a week.

Earlier values

FromValueSource
2018-01-010Bank for International Settlements - Central Bank Policy Rat
2022-07-270.5Bank for International Settlements - Central Bank Policy Rat
2022-09-141.25Bank for International Settlements - Central Bank Policy Rat
2022-11-022Bank for International Settlements - Central Bank Policy Rat
2022-12-212.5Bank for International Settlements - Central Bank Policy Rat
2023-02-083Bank for International Settlements - Central Bank Policy Rat
2023-03-223.5Bank for International Settlements - Central Bank Policy Rat
2023-05-103.75Bank for International Settlements - Central Bank Policy Rat
2023-06-214Bank for International Settlements - Central Bank Policy Rat
2023-08-024.25Bank for International Settlements - Central Bank Policy Rat
2023-09-204.5Bank for International Settlements - Central Bank Policy Rat
2024-06-124.25Bank for International Settlements - Central Bank Policy Rat

Get it programmatically

curl https://euroref.dev/v1/at/policy-rate
# $0.001 per call — x402 on Base (USDC). No key, no signup.
# History:    curl https://euroref.dev/v1/at/policy-rate/history?from=2020-01-01
# Provenance: curl https://euroref.dev/provenance/at/policy-rate

Other Austria series: VAT rate · minimum wage · public holidays · inflation rate (CPI) · corporate tax rate · income tax rates · ECB main refinancing rate · late-payment interest rate