The European Central Bank published euro area bank interest rate statistics for June 2026, showing that the composite cost of new corporate borrowing rose 15 basis points to 3.79%. The equivalent rate for new household loans for house purchase was broadly unchanged at 3.51%, while the rate on new consumer loans fell 12 basis points to 7.50%. Term deposit rates increased for both sectors. The composite rate on new corporate deposits with an agreed maturity rose 17 basis points to 2.21%, and the household rate increased 13 basis points to 2.09%. Overnight deposit rates remained substantially lower, rising 6 basis points to 0.59% for corporations and remaining broadly unchanged at 0.28% for households.
European Central Bank2026-07-31
European Central Bank reports higher June corporate borrowing and term deposit rates, household mortgage rates broadly unchanged
The European Central Bank reported that the composite cost of new corporate borrowing rose 15 basis points to 3.79% in June 2026, while the household mortgage rate was broadly unchanged at 3.51%. Term deposit rates increased to 2.21% for corporations and 2.09% for households.