Latvia - Monetary Policy Rate




Latvia: Monetary Policy Rate

Mnemonic IRMP.ILVA
Unit %, NSA
Adjustments Not Seasonally Adjusted
Monthly
Data Jan 2020 -0.5
Dec 2019

Series Information

Source Bank of Latvia
Release Interbank Rates - Monthly
Frequency Monthly
Start Date 1/31/2014
End Date 1/31/2020

Latvia: Markets

Reference Last Previous Units Frequency
Stock Market Index 07 Apr 2020 984.27 935.47 Index, NSA Business Daily
Average Long-term Government Bond Feb 2020 -0.04 0.11 % p.a., NSA Monthly
Business Lending Rate Feb 2020 2.9 2.79 % , NSA Monthly
Household Lending Rate Feb 2020 16.51 16.66 % , NSA Monthly
Monetary Policy Rate Jan 2020 -0.5 %, NSA Monthly
Treasury Bills (over 31 days) Dec 2013 0.23 % p.a., NSA Monthly
Lending Rate Mar 2013 2.5 2.5 % - End of period Monthly

Release Information

Description

Weighted average rates on loans in the domestic interbank market. The statistics that the source reports display data collected on new business contracts and outstanding amounts.

This monthly series is updated quarterly.

Methodology

 Data on desposits received and loans granted in euro and US dollars by monetary financial institutions are broken down by maturity and sector. These interest rates on loans to resident non-financial corporations with up to 1 year initial rate fixation and original maturity of over 1 year are shown separately. They are reported by type of loans, separately indicating loans with collateral or guarantee. Statistics are collected following regulations put into place by the Bank of Latvia's Regulations. 

Revisions

The series in this release may be revised.