ECB confirms remuneration ceiling for euro area government deposits and adjusts remuneration of other non-monetary policy deposits

Remuneration ceiling for euro area government overnight deposits remains unchanged at euro short-term rate (€STR) minus 20 basis points.

Uniform remuneration rate for most non-monetary policy deposits held with the Eurosystemadopted at €STR minus 20 basis points.

Small amount of non-monetary policy deposits not yet aligned to this uniform rate to be aligned.

Legal provisions for the remuneration of non-monetary policy deposits combined in single legalact to improve transparency.