Hungary - Lending Rate





Hungary: Lending Rate

Mnemonic IRLEND.IHUN
Unit Percent, NSA
Adjustments Not Seasonally Adjusted
Daily
Data 16 Nov 2018 0.9
15 Nov 2018 0.9

Series Information

Source National Bank of Hungary (MNB)
Release Monetary Policy
Frequency Daily
Start Date 10/15/1990
End Date 11/16/2018

Hungary: Markets

Reference Last Previous Units Frequency
Lending Rate 16 Nov 2018 0.9 0.9 Percent, NSA Daily
Stock Market Index 15 Nov 2018 39,070 39,115 Index Jan 2 1991=1000, NSA Business Daily
Average Long-term Government Bond Oct 2018 3.74 3.57 % p.a., NSA Monthly
Treasury Bills (over 31 days) Sep 2018 0.1 0.1 % p.a., NSA Monthly
Money Market Rate Aug 2018 -0.02 -0.01 %, NSA Monthly

Release Information

The instruments used by the central bank to implement monetary policy are generally called monetary policy instruments. The Monetary Council is the main decision making body that sets the key policy rate. The monetary policy rate is used to efficiently implement interest rates.  

The MNB’s most important instrument is the two-week MNB-bill. The rate on the two-week MNB-bill serves as the policy rate that reflects best the monetary policy stance and its changes. By changing the base rate the central bank affects its operating target, the 3 month money market rates and indirectly the general economic developments.

These rates are not subject to revisions. 

For more information, please visit: Source Methodology