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Economy > Central bank discount rate > Note: Countries Compared

COUNTRY DESCRIPTION
Armenia this is the Refinancing Rate, the key monetary policy instrument of the Armenian National Bank
Australia this is the Reserve Bank of Australia's "cash rate target," or policy rate
Azerbaijan this is the Refinancing Rate, the key policy rate for the National Bank of Azerbaijan
Belgium this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Bulgaria Bulgarian National Bank (BNB) has had no independent monetary policy since the introduction of the Currency Board regime in 1997; this is BNB's base interest rate
Cyprus this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Czech Republic the two-week repo rate was 0.75% on 31 December 2010; this is the main rate CNB uses
European Union this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Finland this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
France this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Georgia this is the Refinancing Rate, the key monetary policy rate of the Georgian National Bank
Germany this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Greece this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Indonesia this figure repesents the 3-month SBI rate; BI has not employed the one-month SBI since September 2010
Ireland this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Italy this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Luxembourg this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Malta this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Netherlands this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Portugal this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Slovakia this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks from the euro area; as of 1 January 2009 Slovakia became a member of the Economic and Monetary Union (EMU)
Slovenia this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
Spain this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area

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Interesting observations about Economy > Central bank discount rate > Note

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