2014/541/EU: Decision of the European Central Bank of 29… Article 5

Interest

Article 5

The interest rate applicable for TLTROs shall be fixed over the life of each operation at the rate for main refinancing operations prevailing at the time of the tender announcement in respect of the relevant TLTRO, plus a fixed spread of 10 basis points. Interest shall be payable in arrears upon maturity of the operation, or upon early repayment as provided for in Articles 6 and 7, as applicable.

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 5 of 2014/541/EU: Decision of the European Central Bank of 29… (LawPlayer, data as of 2026-07-04)

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