Deposit Interest Rate in Czech Republic increased to 1.25 percent in February from 1 percent in January of 2020. Czech Republic Discount Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Deposit Interest Rate in Czech Republic averaged 3.28 percent from 1993 until 2020, reaching an all time high of 13 percent in May of 1997 and a record low of 0.05 percent in November of 2012. This page includes a chart with historical data for Deposit Interest Rate in Czech Republic.

Deposit Interest Rate in Czech Republic is expected to be 1.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Czech Republic to stand at 1.25 in 12 months time. In the long-term, the Czech Republic Discount Rate is projected to trend around 1.25 percent in 2021 and 1.50 percent in 2022, according to our econometric models.

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Czech Republic Discount Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.25 1.00 13.00 0.05 1993 - 2020 percent Monthly

Czech Republic Discount Rate
In Czech Republic, the deposit facility is a non-collateralised standing facility which banks may use to make overnight deposits of surplus liquidity with the CNB. The deposits are remunerated at the discount rate, which generally provides a floor for short-term interest rates on the money market.