Estonia - Money Market Rate

Estonia: Money Market Rate

Mnemonic IRMM.IEST
Unit %, NSA
Adjustments Not Seasonally Adjusted
Data Aug 2020 -0.47
Jul 2020 -0.46

Series Information

Source European Communities, EUROSTAT
Release Eurostat - Money market interest rates
Frequency Monthly
Start Date 1/31/1994
End Date 8/31/2020

Estonia: Markets

Reference Last Previous Units Frequency
Stock Market Index 24 Sep 2020 1,157 1,172 Index June 4 1996=100, NSA Business Daily
Money Market Rate Aug 2020 -0.47 -0.46 %, NSA Monthly
Business Lending Rate Jun 2017 3.19 4.34 % p.a., NSA Monthly

Release Information

The 3-months interest rate is a representative short-term interest rate series for the domestic money market. From January 1999, the euro area rate is the 3-month Euro InterBank Offered Rate (EURIBOR). EURIBOR is the benchmark rate of the large euro money market that has emerged since 1999.  It is the rate at which euro InterBank term deposits are offered by one prime bank to another prime bank. The contributors to EURIBOR are the banks with the highest volume of business in the euro area money markets. The panel of banks consists of banks from EU countries participating in the euro from the outset, banks from EU countries not participating in the euro from the outset, and large international banks from non-EU countries but with important euro area operations. Monthly data are calculated as averages of daily values.

Data sources used

Figures for the EU Member States, Bulgaria, Romania, United States and Japan are collected by the European Central Bank and transmitted to Eurostat by electronic means.

The source of data for Turkey is the National Central Bank.

Data prior to 1999 were collected directly by the European Commission. Data were obtained from the money market.

Type of survey

The type of survey depends on the national methodology.

For EONIA and Euribor see

Techniques of data collection

The techniques of data collection depend on the national methodology.

For EONIA and Euribor see

Data are revised each time revisions are transmitted to Eurostat.