Czech Republic Discount Rate

Deposit Interest Rate in Czech Republic remained unchanged at 1 percent in December from 1 percent in November of 2019. Deposit Interest Rate in Czech Republic averaged 3.29 percent from 1993 until 2019, reaching an all time high of 13 percent in May of 1997 and a record low of 0.05 percent in November of 2012. 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. This page includes a chart with historical data for Deposit Interest Rate in Czech Republic.

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