Iceland Three Month Interbank Rate was at 1.13 percent on Tuesday March 2. source: Central Bank of Iceland

Interbank Rate in Iceland averaged 7.65 percent from 1998 until 2021, reaching an all time high of 18.47 percent in October of 2008 and a record low of 1.02 percent in November of 2020. This page provides - Iceland Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Three Month Interbank Rate - values, historical data and charts - was last updated on March of 2021.

Interbank Rate in Iceland is expected to be 1.04 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Iceland to stand at 4.47 in 12 months time. In the long-term, the Iceland Three Month Interbank Rate is projected to trend around 1.54 percent in 2022 and 2.79 percent in 2023, according to our econometric models.

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Iceland Three Month Interbank Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.13 1.13 18.47 1.02 1998 - 2021 percent Daily

Iceland Money Last Previous Highest Lowest Unit
Interest Rate 0.75 0.75 18.00 0.75 percent [+]
Money Supply M0 145.46 147.47 183.21 11.05 ISK Billion [+]
Money Supply M1 679.90 700.12 710.88 8.88 ISK Billion [+]
Interbank Rate 1.13 1.13 18.47 1.02 percent [+]
Money Supply M2 1424.52 1432.96 1522.07 0.06 ISK Billion [+]
Money Supply M3 2121.54 2112.95 2272.22 0.03 ISK Billion [+]
Foreign Exchange Reserves 805105.57 816734.94 1110368.00 610.00 ISK Million [+]
Banks Balance Sheet 4208052.78 4285427.78 14896283.00 257400.00 ISK Million [+]
Private Debt to GDP 314.90 336.70 400.80 272.80 percent [+]
Central Bank Balance Sheet 843169.00 886595.00 1638738.00 57829.00 ISK Million [+]


Iceland Three Month Interbank Rate
In Iceland, the interbank rate is the rate of interest charged on short-term loans made between banks..