Kuwait - Money Market Rate




Kuwait: Money Market Rate

Mnemonic IRMM.IKWT
Unit %, NSA
Adjustments Not Seasonally Adjusted
Daily
Data 18 Apr 2024 4.31
17 Apr 2024 4.31

Series Information

Source Central Bank of Kuwait
Release Interest Rates
Frequency Daily
Start Date 6/1/2010
End Date 4/18/2024

Kuwait: Markets

Reference Last Previous Units Frequency
Money Market Rate 18 Apr 2024 4.31 4.31 %, NSA Daily
Lending Rate Mar 2024 4.25 4.25 %, NSA Monthly
Average Long-term Government Bond May 2016 2 2.25 %, NSA Monthly
Treasury Bills (over 31 days) Apr 2012 0.76 %, NSA Monthly

Release Information

Description

For Kuwait, key interest rates, including the central bank discount rate, repo rates, KIBOR, and KIBOR swaps.

The Kuwait Interbank Offered Rate (KIBOR) is the rate prime banks led to each other in the Kuwait interbank market.

Properties

  • Tenor spectrum for KIBOR: Overnight, 1, 3, 6, 12 months
  • Tenor spectrum for central bank repos: Overnight, 1 week, 1 month
  • Measurement: Percent per annum (% p.a.)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Daily
  • Start date: As early as 7 Jan 2003

Methodology

Data are collected and reported by the Central Bank of Kuwait.

Revisions

Data are generally not subject to revisions.