Hungary - Lending Rate

Hungary: Lending Rate

Unit Percent, NSA
Adjustments Not Seasonally Adjusted
Data 16 Sep 2021 1.5
15 Sep 2021 1.5

Series Information

Source National Bank of Hungary (MNB)
Release Monetary Policy
Frequency Business Daily
Start Date 10/15/1990
End Date 9/16/2021

Hungary: Markets

Reference Last Previous Units Frequency
Lending Rate 16 Sep 2021 1.5 1.5 Percent, NSA Daily
Stock Market Index 15 Sep 2021 52,317 52,392 Index Jan 2 1991=1000, NSA Business Daily
Average Long-term Government Bond Aug 2021 2.84 2.83 % p.a., NSA Monthly
Money Market Rate Jul 2021 0.49 0.36 %, NSA Monthly
Treasury Bills (over 31 days) Jul 2021 0.52 0.59 % p.a., NSA Monthly

Release Information

The instruments used by the central bank to implement monetary policy are generally called monetary policy instruments. The Monetary Council is the main decision making body that sets the key policy rate. The monetary policy rate is used to efficiently implement interest rates.  

The MNB’s most important instrument is the two-week MNB-bill. The rate on the two-week MNB-bill serves as the policy rate that reflects best the monetary policy stance and its changes. By changing the base rate the central bank affects its operating target, the 3 month money market rates and indirectly the general economic developments.

These rates are not subject to revisions. 

For more information, please visit: Source Methodology