Historical Year Data · 2013

ECB Main Refinancing Rate in 2013

ECB Main Refinancing Rate opened 2013 at 0.50% and closed at 0.25%, a -50.00% move for the year. The high of 0.50% was reached on May 8, and the low of 0.25% on November 13.

Open

0.50%

2013-01

0.25%

2 data points

High

0.50%

May 8

Low

0.25%

Nov 13

Full Year Change

-50.00%

2012 Change

+0.00%

Monthly Breakdown

Month	Open	Close	High	Low	Change
May	0.50%	0.50%	0.50%	0.50%	+0.00%
Nov	0.25%	0.25%	0.25%	0.25%	+0.00%

Events During 2013

2013 Taper Tantrum

Reflation

May–September 2013

When Fed Chair Ben Bernanke suggested tapering QE in May 2013, 10Y Treasury yields nearly doubled, emerging markets cracked, and carry trades unwound violently.

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