|Key figures at a glance|
|Marginal lending facility||0.40 %|
|Main refinancing operations (fixed rate)||0.15 %|
|Deposit facility||− 0.10 %|
|Effective from 11 June 2014|
|Why has the ECB introduced a negative interest rate?|
The likely accession of Lithuania to the euro area next year will trigger a system under which National Central Bank Governors take turns holding voting rights on the Governing Council.
In this text, the ECB answers some frequently asked questions on how the system works and why it exists.