Country comparison

Overnight Deposit Rate by Country

The overnight deposit rate is the rate central banks pay on reserves held by commercial banks (e.g. ECB Deposit Facility Rate, Fed IORB, BoE Bank Rate floor). In a floor-system framework it is effectively the policy rate.

Why compare Overnight Deposit Rate across countries?

The deposit rate sets the floor for money-market rates and is the primary monetary-policy lever for the ECB and several other central banks. Changes feed straight into ESTR (or the equivalent risk-free rate) and into bank-deposit pricing for households and firms.

How to read the country list

Compare across currencies as a direct policy-rate proxy. Watch the spread to the risk-free rate as a market-function indicator.

Supported countries

Filter by country, currency, source, cadence, or unit.

Country / Currency Frequency Unit Source History Links
New Zealand
NZD / New Zealand Dollar
Monthly % National Statistics Office History from 2018-01-03 (8.5 years)