About Risk Free Rate (EUR)

The risk-free rate for Eurozone is typically proxied by the shortest-maturity government bond yield or the central bank's overnight policy rate. It is the baseline discount rate for all Eurozone asset valuations.

Why FX traders watch it

All asset prices in Eurozone are discounted against the risk-free rate. Rising risk-free rates lift the cost of capital, dampen equity valuations, and typically attract foreign capital to eur-denominated bonds.

How to interpret the data

Rising risk-free rates relative to global peers support the eur via carry and capital flow channels. Falling rates signal monetary easing expectations and are typically eur-negative.

Historical Risk Free Rate (EUR)

Source: ECB · Daily · Percent (€STR)

Data Source

Primary Source

ECB

Official Series ID

ECB.D.U2.EUR.4F.MM.B...F0Z

External Link

View Official Data Page

Data Format and Properties

Data Frequency

Daily

Unit of Measure

Percent (€STR)

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format.

{ "currency": "EUR", "indicator": "risk_free_rate", "has_official_forecast": false, "start_date": "2023-01-01", "end_date": "2023-12-31", "data": [ { "date": "2024-07-01", "val": 4.2, "announcement_datetime": 1722456000 } ] }

Request Parameters & Usage

Parameter	Required	Format	Description
`start_date`	NO	`YYYY-MM-DD`	Optional lower bound for the requested history.
`end_date`	NO	`YYYY-MM-DD`	Optional upper bound. Defaults to the current date.
`api_key`	CONDITIONAL	`string`	Required for non-USD announcement requests. USD announcement requests are public without an API key.

Example Usage

To retrieve Risk Free Rate data for EUR from 2023:

GET https://fxmacrodata.com/api/v1/announcements/eur/risk_free_rate?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY