eurorefCountriesBelgium › Policy interest rate

Belgium policy interest rate

ECB deposit facility rate — the euro area policy rate that applies to Belgium. The Nationale Bank van België / Banque nationale de Belgique (NBB/BNB) 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); underlying instrument: ECB Governing Council monetary policy decision of 11 June 2026 raising the three key ECB interest rates by 25 basis points with effect from 17 June 2026
Last verified2026-07-22
Verificationprimary — No verification limitation recorded — read from the official source cited.
Provenancesource fingerprint

What this value means

Belgium has no national policy rate. Monetary policy is set by the ECB Governing Council for the whole euro area; the NBB/BNB implements it in Belgium and holds a seat on the Governing Council, but it publishes no rate of its own. The deposit facility rate (DFR) is served here because since the 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 re-loaded on 2026-07-22 and its most recent row is still 17 June 2026: deposit facility 2.25%, main refinancing operations 2.40%, marginal lending facility 2.65%. No row has been added since, so 2.25% is the rate in force on the confirmation date. The DFR had been at 2.00% from 11 June 2025 until 16 June 2026. IDENTICAL value and effective_from must be served for NL, IT, DE, FR, ES and every other euro area member — any divergence between euro area country files is a data error, not a real difference. If a consumer needs the MRO rate (which feeds several Belgian statutory reference-rate calculations) it is 2.40%. DO NOT CONFUSE with the Belgian 'taux d'intérêt légal / wettelijke interestvoet', a separate national quantity fixed annually and published in the Moniteur belge by the SPF Finances (with a distinct, higher rate for commercial transactions under the law of 2 August 2002 on late payment); that national legal interest rate is derived from ECB rates but is not the ECB rate and is not served here. VERIFICATION CAVEAT: the rate levels and the 17 June 2026 effective date are confirmed directly on the ECB rate table; the narrative around the decision (the 11 June 2026 meeting date and its motivation) is reported context and was not re-read from the ECB press release in this pass.

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

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