Interest rates unchanged: MPC holds rates near 0% in Poland

The Monetary Policy Council at its Wednesday meeting kept all NBP interest rates unchanged;

  • the reference rate is 0.10 percent. on an annual basis,
  • lombard rate 0.50 percent on an annual basis,
  • deposit rate 0.00% on an annual basis,
  • rediscount rate 0.11% on an annual basis, – discount rate 0.12 percent. on an annual basis.

The NBP will continue to purchase Treasury securities and debt securities guaranteed by the State Treasury on the secondary market as part of structural open market operations. The dates and the scale of the activities carried out will depend on the market conditions. The NBP will also continue to offer a promissory note loan for the refinancing of loans granted to entrepreneurs by banks.

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