Interest rate statistics

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.

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

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 – XII/2023)

Starting with the data for January 2024 onwards the publication of this table will not be continued. Data are included in Database.

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 (EU) 2021/830 of 26 March 2021 on balance sheet item statistics and interest rate statistics of monetary financial institutions (ECB/2021/11)

Latvijas Banka's legal acts governing data collection

Latvijas Banka's Regulation No 220 "Regulation for Compiling and Submitting the Statistical Data on the Interest Rates of Monetary Financial Institutions" of 12 September 2022

Archive

Weighted average interest rates 2004 – 2013

Weighted average interest rates 1999 – 2003

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.

Data in the statistical database INTS

Latvijas Banka's legal acts governing data collection

Latvijas Banka's Regulation No 230 "Regulation for Compiling and Submitting the Statistical Data on Money Market Transactions" of 21 November 2022

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.