At today’s meeting the Governing Council of the ECB took the following monetary policy decisions:



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1.The interest rate on the main refinancing operations of the Eurosystem will be decreased by 25 basis points to 1.25%, starting from the operation to be settled on 8 April 2009.

2.The interest rate on the marginal lending facility will be decreased by 25 basis points to 2.25%, with effect from 8 April 2009.

3.The interest rate on the deposit facility will be decreased by 25 basis points to 0.25%, with effect from 8 April 2009.

The President of the ECB will comment on the considerations underlying these decisions at a press conference starting at 2.30 p.m. CET today.

European Central Bank
Directorate Communications
Press and Information Division
Kaiserstrasse 29, D-60311 Frankfurt am Main
Tel.: +49 69 1344 7455, Fax: +49 69 1344 7404
Internet: http://www.ecb.europa.eu

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