Ukraine - Money Market Rate

Ukraine: Money Market Rate

Mnemonic IRMM.IUKR
Unit % p.a., NSA
Adjustments Not Seasonally Adjusted
Data Aug 2022 25
Jul 2022 25

Series Information

Source National Bank of Ukraine
Release Money Market Rate
Frequency Monthly
Start Date 1/31/1998
End Date 8/31/2022

Ukraine: Markets

Reference Last Previous Units Frequency
Average Long-term Government Bond Aug 2022 22.84 23.06 % p.a., NSA Monthly
Money Market Rate Aug 2022 25 25 % p.a., NSA Monthly
Treasury Bills (over 31 days) Aug 2022 12.02 12.5 % p.a., NSA Monthly
Lending Rate Mar 2013 7.5 7.5 % Monthly

Release Information

Refinancing rate is the interest rate established by the National Bank of Ukraine on refinancing credits during the amount tender or interest rate tender, depending on the bid prices for the funds of the National Bank of Ukraine asked by banks. The refinancing rate is estimated on the basis of the discount rate and depending on the term and type of refinancing and cannot be lower than the discount rate.

The method of calculating average weighted interest rates for a given reference period is to use contracted interest rates (that is, price data), using the loan (deposit) amounts as weights. The weights are determined by dividing the outstanding value of each loan (type of deposit) at the end of the period by the outstanding value of all loans (deposits) at the end of the period. Two steps are involved: (1) multiply each weight (which can be derived for each loan separately or for a group of loans with the same contracted interest rate) by the contracted rate for each loan (or group of loans), and (2) sum the results to get the overall weighted interest rate.

Data may be subject to revisions.

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