Central bank discount rate: -0.5% (31 December 2016)
-0.35% (31 December 2015)
note:: the Discount rate was abolished in 2002, and replaced by a "Reference rate" with no bearing on monetary policy; the rate quoted here is the Reference rate
Definition: This entry provides the annualized interest rate a country's central bank charges commercial, depository banks for loans to meet temporary shortages of funds.
Source: CIA World Factbook - This page was last updated on July 9, 2017