European Central Bank reports euro area corporate borrowing costs broadly unchanged at 3.62% and house purchase borrowing costs rising to 3.44% in April 2026

The European Central Bank published euro area bank interest rate statistics for April 2026 showing little change in borrowing costs for non-financial corporations but a further rise for households buying homes. The composite cost-of-borrowing indicator for new corporate loans was broadly unchanged at 3.62%, while the equivalent indicator for new loans to households for house purchase increased by 9 basis points to 3.44%. Composite rates on new deposits with agreed maturity rose to 2.00% for corporations and 1.91% for households, while overnight deposit rates were broadly unchanged at 0.53% and 0.26% respectively. Within corporate lending, the rate on new loans over EUR 1 million with a floating rate or an initial rate fixation period of up to three months was broadly unchanged at 3.31%, the rate for the same loan size with fixation of over three months and up to one year fell by 11 basis points to 3.50%, and the rate with fixation of over ten years rose by 9 basis points to 3.74%. For households, rates on house purchase loans increased across all reported fixation periods, reaching 3.56% for floating rates or fixation of up to one year, 3.43% for over one and up to five years, 3.61% for over five and up to ten years, and 3.31% for over ten years. The rate on new consumer loans to households rose by 13 basis points to 7.59%, and the rate on new loans to sole proprietors and unincorporated partnerships with a floating rate or fixation of up to one year increased by 14 basis points to 4.09%. The release also incorporates revisions to data for previous periods.