Makrognosis

France Cost of borrowing for non-financial corporations (new business)

MonthlyNot seasonally adjustedCode FR.BANKRATENFC.M.NSA

Latest3.8%September 2026
Previous3.7%August 2026
Year ago3.5%September 2025

France Cost of borrowing for non-financial corporations (new business) was 3.8% in September 2026, up 0.1 percentage points from August 2026 and up 0.4 percentage points from a year earlier.

That is the highest reading since March 2025.

Over the past ten years it has ranged from 0.8% (May 2020) to 4.9% (Nov 2023), averaging 2.4%.

France Cost of borrowing for non-financial corporations (new business) (% per annum), Jan 2000 – Sep 20260%2%4%6%200020052010201520202025Robomacro
France Cost of borrowing for non-financial corporations (new business) (% per annum), Jan 2000 – Sep 2026. Source: European Central Bank.

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
September 20263.8%
August 20263.7%
July 20263.6%
June 20263.7%
May 20263.5%
April 20263.6%
March 20263.5%
February 20263.5%
January 20263.5%
December 20253.6%
November 20253.5%
October 20253.5%
September 20253.5%
August 20253.4%
July 20253.5%
June 20253.6%
May 20253.6%
April 20253.7%
March 20253.8%
February 20253.8%
January 20254.1%
December 20244.2%
November 20244.2%
October 20244.4%

Last 24 observations. The full history (321 observations) is available through the API.

Get France Cost of borrowing for non-financial corporations (new business) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/FR.BANKRATENFC.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/FR.BANKRATENFC.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationJanuary 2000
Observations321
FrequencyMonthly
Units% per annum
AdjustmentNot seasonally adjusted
10-year high4.9% (Nov 2023)
10-year low0.8% (May 2020)
10-year average2.4%
Source agencyEuropean Central Bank
Makrognosis codeFR.BANKRATENFC.M.NSA

Other France indicators

France GDP (Gross Domestic Product)France Gross domestic product, Current prices, million EURFrance Inflation Rate (CPI)France Core Inflation RateFrance Unemployment RateFrance 10-Year Government Bond YieldFrance Credit Rating & Sovereign Risk ScoreFrance Industrial ProductionFrance Retail SalesFrance Producer Price Inflation (PPI)France Current account balance (BPM6, vs rest of world), not seasonally adjustedFrance Current account balance, % of GDPFrance Trade Balance: Goods & ServicesFrance Exports of goods and services, Current prices, million EURFrance Exports of goods and services, chain-linked volumeFrance Exports of goods, total trade (World), seasonally adjusted

FAQ

What is the current cost of borrowing for non-financial corporations (new business) in France?
The latest reading is 3.8% for September 2026, published by European Central Bank.
Where does this data come from?
It is collected directly from European Central Bank and is available through the Makrognosis API under the code FR.BANKRATENFC.M.NSA.

Last updated 2026-11-03. Source: European Central Bank. Original title: “France - Cost of borrowing for non-financial corporations (new business)”.