ECB rate history

Brendan Burgess

Brendan Burgess

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Source and note:

Source: www.ecb.int.

As per the ECB table, on their website, the ECB decide on 3 different types of interest rates. For tracker mortgages, the relevant ECB interest rate is the ECB 'refinancing' rate. The ECB 'refinancing' rate is sometimes a 'fixed tender' rate or a 'variable tender' rate. This sub-classification does not matter for tracker mortgages. Hence, one only needs to look at the 'refinancing' rate.
 
So BB those rates are different to the ones Joe posted yesterday, but these are the correct ones ?
 
Apologies I just remembered Joe had a rate above 4% and it's not on your table, but that's because he went back to 2005.
 
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