Euro area bank interest rate statistics: October 2023
- Composite cost-of-borrowing indicator for new loans to corporations increased by 17 basis points to 5.26%, driven by interest rate effect; indicator for new loans to households for house purchase broadly unchanged at 3.91%
- Composite interest rate for new deposits with agreed maturity from corporations increased by 11 basis points to 3.70%; interest rate for overnight deposits from corporations increased by 5 basis points to 0.80%; both driven by interest rate effect
- Composite interest rate for new deposits with agreed maturity from households increased by 19 basis points to 3.27%, driven by interest rate effect; interest rate for overnight deposits from households broadly unchanged at 0.35%