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Key figures at a glance
Marginal lending facility	2.25 %
Main refinancing operations (fixed rate)	1.50 %
Deposit facility	0.75 %
Effective from 13 July 2011

Monthly Bulletin

The Monthly Bulletin provides a detailed overview of recent economic and monetary developments in the euro area in the form of text and statistics.

Its editorial - the key statement - reflects the Governing Council’s monthly assessment of the economy and inflationary threats.

The Bulletin is published one week after the Council’s monetary policy decision.

Next release: Thursday, 14 July 2011

Editorials, available in 22 languages
All Monthly Bulletins since 1999 and release calendar

Recently published

All ECB news

08/07/2011 - Speech: Lorenzo Bini Smaghi: European democracies and decision-making in times of crisis, en
07/07/2011 - Press release: ECB announces change in eligibility of debt instruments issued or guaranteed by the Portuguese government, en
07/07/2011 - Press release: Monetary policy decisions, bg . cs . da . de . el . en . es . et . fi . fr . hu . it . lt . lv . mt . nl . pl . pt . ro . sk . sl . sv
07/07/2011 - Press conference: Jean-Claude Trichet: Introductory statement to the press conference (with Q&A), en

06/07/2011 - Statistical press release: MFI interest rate statistics, 248 kB, en
30/06/2011 - Statistical press release: Monetary developments in the euro area, 75 kB, en

05/07/2011 - Publication: Eurosystem oversight policy framework, 271 kb, en
05/07/2011 - Publication: Letter from the ECB President to Mr Andreas Mölzer, Member of the European Parliament, relating to monetary policy and questions on inflation, 291 kb, de . en

05/07/2011 - ECB Law: Opinion on a recommendation for a Council Decision on the arrangements for the negotiation of a Monetary Agreement with the French Republic, acting for the benefit of the French overseas collectivity of Saint-Barthélemy (CON/2011/22)
5.7.2011, 168 kb, en
05/07/2011 - ECB Law: Decision of the ECB of 21 June 2011 on the environmental and health and safety accreditation procedures for the production of euro banknotes (ECB/2011/8)
OJ L 176, 5.7.2011, p. 52, 914 kb, bg . cs . da . de . el . en . es . et . fi . fr . hu . it . lt . lv . mt . nl . pl . pt . ro . sk . sl . sv
05/07/2011 - ECB Law: Opinion on a proposal for a Council Decision on the signature and conclusion of the Monetary Agreement between the European Union and the French Republic on keeping the euro in Saint-Barthélemy following the amendment of its status with regard to the European Union (CON/2011/56)
5.7.2011, 141 kb, en
05/07/2011 - ECB Law: Opinion on the conversion of foreign credit institutions’ branches into subsidiaries (CON/2011/57)
Poland, 5.7.2011, 32 kb, en . pl
05/07/2011 - ECB Law: Opinion on a proposal for a directive of the European Parliament and of the Council on credit agreements relating to residential property (CON/2011/58)
5.7.2011, 45 kb, en
30/06/2011 - ECB Law: Opinion on the harmonisation of legislation related to TARGET2-Securities and Banka Slovenije’s sanctioning powers relating to investment services (CON/2011/55)
Slovenia, 30.6.2011, 21 kb, en . sl