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Data Note: Norway - Monetary policy rate - Frequency
Wednesday, 02 Jan 2019 14:48 ET
By Rosemary Affatato
Summary
January 2019 -- For the Norges Bank monetary policy rate series, we have changed the frequency from daily to business-daily, and added history (two business daily series impacted).
Detail

1. Moody's Analytics obtains business-daily monetary policy data from Norges Bank. We have changed the native frequency of the time series:

  • Before: Daily frequency (seven days a week), with weekend values infilled by Moody's Analytics
  • After: Business-daily frequency (five days a week), for consistency with Norges Bank reporting

2. For the overnight lending rate, we have improved our update process and thereby extended the time series by 15 months. The start date has changed:

  • Before: 1 July 1983
  • After: 7 April 1982

The two series reside in the historical catalog (Norway » Financial » Monetary policy rates) and are:

  • IR%CBSGDUD.INOR = Sight deposit rate, (% p.a., NSA)
  • IR%CBONLUD.INOR = Overnight lending rate, (% p.a., NSA)

Please be aware that:

  • To perform a frequency conversion with default settings, use the "frequency" control in View, Basket and Chart modes.
  • To override the default settings, write a custom formula using the CONVERT function (see related article). You can, for example, compute a lower frequency that is the final observation, the average over the period, or the sum.
Other
Related ReleaseMonetary Policy - Key Rate
SourceNorges Bank
FrequencyBusiness Daily
GeographyNorway
Catalog
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