Mnemonic | IRLEND.IHUN | |
---|---|---|
Unit | Percent, NSA | |
Adjustments | Not Seasonally Adjusted | |
Daily | ||
Data | 03 Feb 2023 | 13 |
02 Feb 2023 | 13 |
Source | National Bank of Hungary (MNB) |
Release | Monetary Policy |
Frequency | Business Daily |
Start Date | 10/15/1990 |
End Date | 2/3/2023 |
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 |
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