Greece - Money Market Rate




Greece: Money Market Rate

Mnemonic IRMM.IGRC
Unit %, NSA
Adjustments Not Seasonally Adjusted
Monthly
Data Aug 2020 0.05
Jul 2020 0.05

Series Information

Source Bank of Greece
Release MFI Deposits, Loans, and Lending Rates
Frequency Monthly
Start Date 9/30/2002
End Date 8/31/2020

Greece: Markets

Reference Last Previous Units Frequency
Stock Market Index 22 Oct 2020 608.9 619.98 Index, NSA Business Daily
Money Market Rate Aug 2020 0.05 0.05 %, NSA Monthly
Average Long-term Government Bond Nov 2018 4.42 4.37 % p.a., NSA Monthly
Treasury Bills (over 31 days) Dec 2011 4.85 4.85 % p.a., NSA Monthly
Lending Rate Sep 2011 2.93 3.23 %, NSA Monthly

Release Information

Description

On January 1, 1999, the Euro was introduced as the new currency of the European Economic and Monetary Union (EMU) in which Greece participates as from 1/1/2001. The Bank of Greece is a member of the European System of Central Banks (ESCB). The ESCB, which conducts monetary policy for the entire EMU, engages in open market operations and offers standing facilities for which it determines the respective variable interest rates. Data relative to these interest rates are disseminated by the European Central Bank (ECB), and the respective metadata, which are common to all participants in EMU, can be accessed by clicking on (http://www.ecb.int).

Apart from ESCB policy rates, the Bank of Greece (BoG) disseminates data on the following interest rates:

  • Yields on Greek Government Securities (including the 12-month Treasury Bill Yield)
  • Bank deposit and lending rates. 

Data are disseminated by the Bank of Greece in the Bulletin of Conjunctural Indicators, which contains, under the Money and Banking section:

  • Table IV.18 - ECB and BoG Interest Rates
  • Table IV.19 - Money market interest rates
  • Table IV.20 - Yields of Greek Government Securities
  • Table IV.21 - Bank deposit and lending interest rates 


Please see the source for more information.

Method

Please refer to the summary methodology located on the International Monetary Fund's website.

Revisions

The data are not regularly revised. Published data on interest rates are final.

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