Hungary - Lending Rate

Hungary: Lending Rate

Unit Percent, NSA
Adjustments Not Seasonally Adjusted
Data 03 Feb 2023 13
02 Feb 2023 13

Series Information

Source National Bank of Hungary (MNB)
Release Monetary Policy
Frequency Business Daily
Start Date 10/15/1990
End Date 2/3/2023

Hungary: Markets

Reference Last Previous Units Frequency
Lending Rate 03 Feb 2023 13 13 Percent, NSA Daily
Stock Market Index 02 Feb 2023 45,643 45,209 Index Jan 2 1991=1000, NSA Business Daily
Average Long-term Government Bond Dec 2022 8.63 8.81 % p.a., NSA Monthly
Money Market Rate Dec 2022 17.64 17.55 %, NSA Monthly
Treasury Bills (over 31 days) Dec 2022 13.6 13.01 % p.a., 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