Euro area composite borrowing cost for new loans remains largely unchanged in July 2026

The composite cost-of-borrowing indicator for new loans to corporations was broadly unchanged at 3.80% in July 2026, while the indicator for new loans to households for house purchase was 3.54%. Composite interest rates for new deposits from corporations and households both increased by 5 basis points, reaching 2.26% and 2.14% respectively. Overnight deposit rates remained stable at 0.60% for corporations and 0.28% for households.