Interest rates and other rates
Central Bank rates
The Central Bank conducts monetary policy largely by affecting money market interest rates, mainly through the interest rates on the facilities it offers to credit institutions, which then affect other market rates. The Bank’s key interest rate (sometimes called the policy rate) is the rate on these facilities that is the primary determinant of short-term market rates and therefore of the monetary stance. At present, the Bank’s key rate is its seven-day term deposit rate.
Markets | firstname.lastname@example.org
Bank rates and penalty rates
Here are metadata for banks, penalty and general interest rates of monetary claims.
Statistics | email@example.com
Interest rates in the interbank market in ISK
|Penalty rates from 01.4.20||9.50%|
Markets | firstname.lastname@example.org
The Central Bank of Iceland will no longer input data for government issued bonds tables (in brackets).