CNB Repo Rate - Czech Republic Czech Central Bank interest rate

This page shows the current and historic values of the 2-week Repo Rate as set by the Czech Central Bank (Czech National Bank, CNB). The two-week Repo Rate is often regarded as the most important interest rate of the CNB.

The current interest rates of more central banks

Current CNB 2-week repo rate
7.00 %
5.75 %
5.00 %
4.50 %
3.75 %
2.75 %
1.50 %
0.75 %
0.50 %
0.25 %

Chart CNB 2-week repo rate

Historical interest rates

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Czech National Bank (CNB)

The primary objective of the central bank of the Czech Republic is to achieve and maintain price stability - a low level of inflation - which should help achieve sustainable economic growth. With its monetary policy the Czech central bank is striving for a low level of inflation.

View the current and historical Czech inflation rates

Next to that is the CNB issuing banknotes and coins and is it managing the money flow and payment system.

CNB 2 week repo rate

When reference is made to the Czech interest rate this often refers to the CNB 2-week Repo Rate. Changing this base rate is an important tool to maintain price stability. It concerns a short term loan with a maturity of 2 weeks.

When the 2-week Repo Rate is being altered, the interbank rate will change in the same direction most of the time. This has consequences for the interest rate level of bank products like savings accounts, mortgages and loans. Changes in the Repo Rate usually also affect the exchange rate of the Czech Koruna.