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Updated: 27.07.2021

Key indicators of interest rate statistics

 

Key ECB interest rates

Key ECB interest rates are the interest rates on the main refinancing operations, on the marginal lending facility and on the deposit facility set by the Governing Council of the ECB.

Effective from 18 September 2019

Marginal lending facility

0.25 %

Main refinancing operations (fixed rate)

0.00%

Deposit facility

-0.50%

 

Main refinancing operation is a regular open market operation executed by the Eurosystem in the form of reverse transactions. Such operations are carried out through a weekly standard tender and normally have a maturity of one week.

Marginal lending facility is a standing facility, offered by the Eurosystem, which credit institutions registered in the Republic of Latvia and branches, registered in Latvia, of credit institutions registered in other countries may use to receive overnight credit from Latvijas Banka at a pre-specified interest rate against marketable or non-marketable assets.

Deposit facility is a standing facility of the Eurosystem which credit institutions registered in the Republic of Latvia and branches, registered in Latvia, of credit institutions registered in other countries may use to make overnight deposits with Latvijas Banka at a pre-specified interest rate.

Latvijas Banka's refinancing rate (until December 2013)

Related topics

ECB monetary policy decisions

Monetary policy instruments

Schedules for the meetings of the Governing Council and General Council of the ECB and related press conferences

Weighted average interest rates

Monetary financial institution (MFI) interest rate statistics cover interest rates that MFIs (except central bank and money market funds) – apply to deposits from and loans to resident non-financial corporations and households.

Weighted average interest rates charged by MFIs in transactions with resident non-financial corporations and households
(I/2004 - V/2021)

 

Basis for the compilation of statistics in accordance with the ECB requirements

Regulation (EU) No 1072/2013 of the European Central Bank of 24 September 2013 concerning statistics on interest rates applied by monetary financial institutions (recast) (ECB/2013/34)

Guideline of the European Central Bank of 4 April 2014 on monetary and financial statistics (recast) (ECB/2014/15) (2014/810/EU)

Latvijas Banka's legal acts governing data collection

Regulation No 133 "Regulation for Compiling Interest Rate Reports of Monetary Financial Institutions" of 16 May 2014

Archive

Interest rates in the domestic interbank market

Data on interest rates on loans in the domestic interbank market provide weighted average interest rates on loans granted by banks to other MFIs and other financial institutions.

Interest Rates in the Domestic Interbank Market
(Data from I/1994 until VI/2021)

Starting with the data for July 2021 onwards the publication of these data will not be continued. Data are available in database 

Latvijas Banka's legal acts governing data collection

Regulation No 102 "Regulation for Compiling the 'Report on Money Market Transactions'" of 16 May 2013

Long-term interest rates for convergence assessment purposes

Long-term interest rates for convergence assessment purposes for European Union (EU) Member States relate to interest rates for long-term government bonds denominated in euro for euro area EU Member States and in national currencies for EU Member States that have not adopted the euro at the time of publication.

Long-term interest rates of all European Union member states are published by the European Central Bank on a monthly basis.