Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Estonia
IR3TIB01EEM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.98
Year-over-Year Change
-46.74%
Date Range
1/1/1996 - 6/1/2025
Summary
This economic trend measures short-term interbank interest rates in Estonia, providing insights into the country's financial conditions and monetary policy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 3-Month or 90-Day Interbank Rates and Yields for Estonia represent the typical interest rate at which banks lend to one another for short-term loans. This metric is widely used by economists and policymakers to assess the overall state of the Estonian financial system and the effectiveness of the central bank's monetary policy.
Methodology
The data is collected and calculated by the Estonian central bank and other financial authorities.
Historical Context
Interbank rates are closely monitored by markets and policymakers for their implications on credit conditions, inflation, and economic growth.
Key Facts
- Estonia's 3-month interbank rate averaged 0.78% in 2021.
- Interbank rates influence the cost of borrowing for businesses and consumers in Estonia.
- The Estonian central bank uses interbank rates as a key indicator when setting monetary policy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the typical interest rate at which banks in Estonia lend to one another for short-term loans, known as the 3-month or 90-day interbank rate.
Q: Why is this trend relevant for users or analysts?
A: Interbank rates are a crucial indicator of financial conditions and the effectiveness of monetary policy in Estonia, providing insights that are valuable for economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Estonian central bank and other financial authorities.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor interbank rates to assess credit conditions, inflation, and economic growth, using this information to guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is typically published with a short delay, and may be subject to revisions by the collecting authorities.
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Citation
U.S. Federal Reserve, Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Estonia (IR3TIB01EEM156N), retrieved from FRED.