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Probabilities are computed in house from 30 Day Fed Funds Futures and euro short-term rate data, then refreshed twice per business day. They describe what the market is pricing, not what a central bank will decide. RateRadar is informational and is not financial advice.

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Home / Glossary / Deposit Facility Rate (DFR)
Glossary

Deposit Facility Rate (DFR)

The interest rate the ECB pays on overnight deposits from banks. Since 2023, the operational 'policy rate' for markets, which is what our ECB probabilities track.

See it in action on the live probability tracker or read the full methodology.
Download on the App StoreEvery term is explained inside the free iPhone app too.
Related terms
  • €STR
  • OIS (Overnight Index Swap)
  • Fed Funds Futures
  • Priced in
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