Securing stability using high-quality data and research.

The Bank of Finland builds financial stability. A stable price level, safe payment systems and a reliable financial system promote sustainable economic growth, employment and the well-being of Finns.

ECB policy rates

Deposit rate

2.00 %

Main refinancing operations rate

2.15 %

Marginal lending rate

2.40 %

Effective from 11 Jun 2025

More interest rate data

Other rates

Base rate

2.25 %

Effective 1 Jul – 31 Dec 2025

Penalty interest rate

9.50 % 4 §

10.50 % 4a §

Effective 1 Jul – 31 Dec 2025

More interest rate data

Euribor rates

1 month

10 Jul

1.926

Change 9 Jul

+0.001

3 month

10 Jul

2.001

Change 9 Jul

+0.032

12 month

10 Jul

2.089

Change 9 Jul

+0.006

€STR

10 Jul

1.921

Change 9 Jul

+0.002

Data released with 24-hour delay Euribor rate, daily values

Exchange rates

EUR / USD

11 Jul

1.1683

Change 10 Jul

-0.003

EUR / GBP

11 Jul

0.8657

Change 10 Jul

+0.003

EUR / JPY

11 Jul

171.81

Change 10 Jul

+0.480

EUR / SEK

11 Jul

11.148

Change 10 Jul

-0.004

Exchange rates and currency calculator

Finnish households’ outstanding stock of housing loans and new drawdowns (incl. buy-to-let mortgages)

Loan stock (EUR bn)

31.5.

105.5

Annual growth rate, %

-0.31

Drawdowns (EUR m)

31.5.

1272

Year-on-year change, %

12.2

Average interest rate on drawdowns (%)

31.5.

2.77

Annual change, % points

-1.58

Repayment period (drawdowns)

31.5.

22y 3mo

Year-on-year change

3mo

More housing loan data

Latest

Press release | 1 Jul 2025

Marja Nykänen appointed as Co-Chair of Financial Stability Board’s Regional Consultative Group for Europe

This appointment reinforces Finland’s active role in fostering international financial stability.

Statistics | 1 Jul 2025

Households hold significant consumer credit – growth rate has slowed

At the end of the first quarter of 2025, households’ total consumer credit stock was EUR 28.0 billion, and its year-on-year growth rate was 0.3%. Approximately half of the consumer credits (EUR 13.8 billion) was unsecured consumer credit (excl. vehicle loans).

Forecast | 30 Jun 2025

New obstacles to Finland’s economic recovery

Trade policy and uncertainty will slow the growth in Finland's economy. A clearer improvement in economic conditions will not be seen until 2026. Employment will gradually improve. Inflation will

Forecast | 30 Jun 2025

Trade war escalation poses significant risk for Finnish economy

A trade war escalation would significantly weaken Finland’s exports and economic growth. By contrast, an easing of trade policy tensions would cause Finland’s exports and economic growth to pick up.

Analysis | 30 Jun 2025

Labour market flows run deeper: Participation has raised both employment and unemployment

Inflows into the labour force have been higher than outflows in recent years. This has led especially to a rise in employment, but in recent years also a simultaneously high unemployment rate.

Analysis | 30 Jun 2025

How would higher defence spending affect Finland’s economic growth?

Along with many other European countries, Finland intends to increase its defence spending. This would increase Finland’s public expenditure and spur economic growth. The larger the share of defence

News | 30 Jun 2025

Statistical tables and charts to transition gradually into dashboards

The Bank of Finland's statistical offering is undergoing a reform. Old statistical tables and charts will be transformed in a controlled manner into interactive dashboards. Following the reform, our statistical offering will be structured more clearly by topic.

Interview | 30 Jun 2025 | Olli Rehn

Governor Olli Rehn: Interview in Süddeutsche Zeitung, 30 June 2025

Governor Olli Rehn's interview on the question of whether the fight against inflation has already been won and what he expects from the new German government in its approach with Russia.

Speech | 27 Jun 2025 | Olli Rehn

Securing Europe’s Future: Financial Resilience and Strategic Investment

Governor Olli Rehn spoke about Europe’s future, financial resilience and strategic investment at the 10th RiskLab Finland, Bank of Finland and European Systemic Risk Board Joint Conference on AI and Systemic Risk Analytics in Helsinki on 27 June 2025.

Press release | 25 Jun 2025

Reference rate and penalty interest rates for 1 July – 31 December 2025

The reference rate under section 12 of the Interest Act (633/1982) for the period 1 July – 31 December 2025 is 2.5 %. The penalty interest rate for the same period is 9.5 % pa (under section 4 of the Act, the reference rate plus seven percentage points). The penalty interest rate applicable to comme...

News | 24 Jun 2025

Bank of Finland’s Annual Report on Responsible Investment 2024 has been published

The Bank of Finland’s Annual Report on the responsible investment of the Bank’s investment assets has been published. The report discusses, among other things, the climate impacts of the Bank of Finland’s own investment assets and also, for the first time, discloses the Bank of Finland’s calculated...

Financial Stability Assessment | 19 Jun 2025

Global upheaval – Financial stability at risk from power politics

Risks to financial stability are growing due to global power politics. Finland’s financial system has shown strong resilience, and this must continue as we move forward.

Analysis | 19 Jun 2025

Investor confidence in Finland as an investment destination has remained strong

Finland’s country risk has remained low, and the weakened security situation has not been evident in investor behaviour. Stable institutions and efforts to reduce government debt help keep country

Analysis | 19 Jun 2025

Trade war weakens export outlook for Finnish companies

A trade war would pose challenges for exporting companies in particular. Nevertheless, the debt-servicing ability of companies in Finland is good, for the most part. The greatest difficulties have

Analysis | 19 Jun 2025

Mortgage borrowers have proved resilient against the interest rate risk of their loans

Finnish mortgage borrowers coped well with their loan servicing costs during the period of steep rises in interest rates. Borrowers should ensure they are prepared for various kinds of financial

News | 16 Jun 2025

Bank of Finland rules for counterparties and customers – Rules update 16.6.2025

The Bank of Finland rules on monetary policy operations and collateral have been updated. They now include ECB Guideline on the management of collateral in Eurosystem credit operations (ECB/2024/22 with amending guideline ECB/2024/36) and amendments to the Guideline on the implementation of the Euro...

Speech | 13 Jun 2025 | Olli Rehn

Europe’s Triple Test: Defence, Decarbonisation and Dynamism

Governor Olli Rehn spoke about the three major tests facing Europe — defence, decarbonisation, and dynamism — in Paris, in the OECD lecture series by central bank governors.

Analysis | 13 Jun 2025

What should be done to improve the autonomy of European retail payments?

Europe needs its own means of retail payment and more competition. Whereas domestic payment solutions have emerged in Europe, in Finland payment is almost entirely dependent on international card

Analysis | 13 Jun 2025

Role of cooperation highlighted amid escalating global tensions

Finland has a long-standing tradition of building preparedness across the sectors in society. The comprehensive approach to preparedness supports the resilience of the financial sector and society as

All news

Blogs

Niko Herrala | 25 Jun 2025

Old wisdom and new trends in monetary policy implementation

Sinikka Parviainen | 4 Jun 2025

War economy boosts life satisfaction for ethnic Russians and residents of military-industrial regions

Heli Simola | 7 May 2025

War has degraded Russia’s long-term economic outlook and business environment

Bank of Finland Museum

The Bank of Finland Museum is intended for everyone interested in economics and social issues. You can explore the museum independently or with a pre-booked guided tour. Guided tours are organized in Finnish, Swedish and English by agreement and are free of charge.

Financial Literacy Centre

We need financial skills for many everyday decisions. Everyone also needs support in handling financial matters at some point in their lives - whether it's everyday spending, purchases, borrowing, saving or, for example, investing. Welcome to learn more about the economy!

Events

Jul 15

Statistics |
15 Jul 2025
Template on International Reserves and Foreign Currency Liquidity, 6/2025
Jul 16

Statistics |
16 Jul 2025
Quoted shares issued by Finnish residents : Update of Dashboard 6/2025
Jul 24

24 Jul 2025
Governing Council of the ECB: monetary policy meeting
Jul 28

Statistics |
28 Jul 2025
Investment funds: update of tables and figures, 6/2025
Jul 28

Statistics |
28 Jul 2025
Banks: loans, deposits and interest rates, 6/2025

More events

Newest publications

Suomen Pankin vastuullisen sijoittamisen vuosiraportti | 24 Jun 2025
Suomen Pankin vastuullisen sijoittamisen vuosiraportti 2024
Bank of Finland’s Annual Report on Responsible Investments | 24 Jun 2025
Bank of Finland’s Annual Report on Responsible Investment 2024
Suomen Pankin eläkerahaston vuosikertomus | 13 Jun 2025
Suomen Pankin eläkerahaston vuosikertomus 2024
BOFIT Policy Brief 11/2025 | 9 Jun 2025
Päivitys Suomen ja EU:n Kiinan-tuontiriippuvuuteen
Bank of Finland Research Discussion Papers 6/2025 | 4 Jun 2025
Nowcasting in real time : large Bayesian vector autoregression in a test

Material search

Securing stability using high-quality data and research.

Securing stability using high-quality data and research.

Deposit rate

Main refinancing operations rate

Marginal lending rate

Base rate

Penalty interest rate

1 month

10 Jul

Change 9 Jul

3 month

10 Jul

Change 9 Jul

12 month

10 Jul

Change 9 Jul

€STR

10 Jul

Change 9 Jul

EUR / USD

11 Jul

Change 10 Jul

EUR / GBP

11 Jul

Change 10 Jul

EUR / JPY

11 Jul

Change 10 Jul

EUR / SEK

11 Jul

Change 10 Jul

Loan stock (EUR bn)

31.5.

Annual growth rate, %

Drawdowns (EUR m)

31.5.

Year-on-year change, %

Average interest rate on drawdowns (%)

31.5.

Annual change, % points

Repayment period (drawdowns)

31.5.

Year-on-year change

Latest

Marja Nykänen appointed as Co-Chair of Financial Stability Board’s Regional Consultative Group for Europe

Households hold significant consumer credit – growth rate has slowed

New obstacles to Finland’s economic recovery

Trade war escalation poses significant risk for Finnish economy

Labour market flows run deeper: Participation has raised both employment and unemployment

How would higher defence spending affect Finland’s economic growth?

Statistical tables and charts to transition gradually into dashboards

Governor Olli Rehn: Interview in Süddeutsche Zeitung, 30 June 2025

Securing Europe’s Future: Financial Resilience and Strategic Investment

Reference rate and penalty interest rates for 1 July – 31 December 2025

Bank of Finland’s Annual Report on Responsible Investment 2024 has been published

Global upheaval – Financial stability at risk from power politics

Investor confidence in Finland as an investment destination has remained strong

Trade war weakens export outlook for Finnish companies

Mortgage borrowers have proved resilient against the interest rate risk of their loans

Bank of Finland rules for counterparties and customers – Rules update 16.6.2025

Europe’s Triple Test: Defence, Decarbonisation and Dynamism

What should be done to improve the autonomy of European retail payments?

Role of cooperation highlighted amid escalating global tensions

Old wisdom and new trends in monetary policy implementation

War economy boosts life satisfaction for ethnic Russians and residents of military-industrial regions

War has degraded Russia’s long-term economic outlook and business environment

Bank of Finland Museum

Bank of Finland Museum

Financial Literacy Centre

Events

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