Czech Republic - Money Market Rate





Czech Republic: Money Market Rate

Mnemonic IRMM.ICZE
Unit % P.A., NSA
Adjustments Not Seasonally Adjusted
Business Daily
Data 20 Nov 2018 0.75
19 Nov 2018 0.79

Series Information

Source Czech National Bank (CNB)
Release Interest Rates PRIBID, PRIBOR and CZEONIA - Daily
Frequency Business Daily
Start Date 5/4/2005
End Date 11/20/2018

Czech Republic: Markets

Reference Last Previous Units Frequency
Lending Rate 20 Nov 2018 1.75 1.75 Percent, NSA Daily
Money Market Rate 20 Nov 2018 0.75 0.79 % P.A., NSA Business Daily
Stock Market Index 19 Nov 2018 1,079 1,080 Index, NSA Business Daily
Average Long-term Government Bond Oct 2018 2.14 2.14 % p.a., NSA Monthly
Treasury Bills (over 31 days) Sep 2018 0.99 1 % p.a., NSA Monthly

Release Information

Interbank rates for the Czech Republic: The overnight rate (CZEONIA), interbank bid and offer rates (nine tenors up to one year). Daily from 1992.

For the purposes of the Rules the following definitions shall apply:

a) “Reference bank” shall mean a bank assigned the status of reference bank pursuant to Article 2 of the Rules for Reference Banks and the Calculation (Fixing) of Reference Interest Rates (PRIBID and PRIBOR)

b) “CZEONIA” (CZEch OverNight Index Average) shall mean the weighted average of the interest rates of all unsecured O/N deposits placed by reference banks on the interbank market.

http://www.cnb.cz/miranda2/export/sites/www.cnb.cz/en/financial_markets/money_market/download/czeonia_en.pdfMethodology

The CZEONIA reference interest rate is calculated based on data provided by the reference banks. The banks submits the total volume of all unsecured O/N deposits placed by the reference banks on the interbank market and the average interest rate for all transactions realized. The reference bank shall take into account all deposit transactions and will be submitted within 15 minutes of the end of the accounting day.

Any time there are changes to the rules, the reference banks are given a reasonable time to adjust their activities. These rule changes can result in revisions to the data.