key ECB interest rates

What is key ECB interest rates?

key ECB interest rates definition and meaning on Finance terms:
The interest rates that reflect the stance of the monetary policy of the ECB and that are set by the Governing Council. The key ECB interest rates are: the interest rate on the main refinancing operations (the fixed rate in fixed rate tenders and the minimum bid rate in variable rate tenders); the interest rate on the marginal lending facility; and the interest rate on the deposit facility. <