Hungary - Lending Rate
Hungary: Lending Rate
| Mnemonic | IRLEND.IHUN | |
|---|---|---|
| Unit | Percent, NSA | |
| Adjustments | Not Seasonally Adjusted | |
| Daily | ||
| Data | 24 Apr 2024 | 7.75 |
| 23 Apr 2024 | 8.25 | |
Series Information
| Source | National Bank of Hungary (MNB) |
| Release | Monetary Policy |
| Frequency | Business Daily |
| Start Date | 10/15/1990 |
| End Date | 4/24/2024 |
Hungary: Markets
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Lending Rate | 24 Apr 2024 | 7.75 | 8.25 | Percent, NSA | Daily |
| Stock Market Index | 23 Apr 2024 | 65,939 | 65,125 | Index Jan 2 1991=1000, NSA | Business Daily |
| Average Long-term Government Bond | Mar 2024 | 6.49 | 6.22 | % p.a., NSA | Monthly |
| Treasury Bills (over 31 days) | Mar 2024 | 6.64 | 6.86 | % p.a., NSA | Monthly |
| Money Market Rate | Feb 2024 | 9.81 | 10.59 | %, 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
