Iceland Three Month Interbank Rate was at 1.38 percent on Wednesday July 8.

Interbank Rate in Iceland averaged 7.84 percent from 1998 until 2020, reaching an all time high of 18.47 percent in October of 2008 and a record low of 1.38 percent in June 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 July of 2020.

Interbank Rate in Iceland is expected to be 1.38 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 1.63 in 12 months time. In the long-term, the Iceland Three Month Interbank Rate is projected to trend around 1.63 percent in 2021 and 2.38 percent in 2022, according to our econometric models.

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Iceland Three Month Interbank Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.38 1.38 18.47 1.38 1998 - 2020 percent Daily

Iceland Money Last Previous Highest Lowest Unit
Interest Rate 1.00 1.75 18.00 1.00 percent [+]
Money Supply M0 141.52 130.28 173.88 11.05 ISK Billion [+]
Money Supply M1 588.70 560.76 588.70 8.88 ISK Billion [+]
Interbank Rate 1.38 1.38 18.47 1.38 percent [+]
Money Supply M2 1319.24 1252.91 1319.24 0.06 ISK Billion [+]
Money Supply M3 2093.00 1967.98 2093.00 0.03 ISK Billion [+]
Foreign Exchange Reserves 904295.32 970592.61 1110368.00 610.00 ISK Million [+]
Banks Balance Sheet 4065831.00 3943862.00 14896283.00 257400.00 ISK Million [+]
Private Debt to GDP 314.90 336.70 400.80 272.80 percent [+]
Central Bank Balance Sheet 966671.00 853520.00 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..