Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Hungary
IR3TIB01HUM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.50
Year-over-Year Change
-4.33%
Date Range
1/1/1991 - 7/1/2025
Summary
This economic indicator tracks the 3-month or 90-day interbank interest rates in Hungary. It is a key measure of short-term credit conditions and can inform monetary policy decisions.
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 interbank rate represents the interest rate at which banks in Hungary lend to one another for a 90-day period. It is considered an important benchmark for the overall cost of credit and financing in the Hungarian economy.
Methodology
The data is collected and reported by the National Bank of Hungary.
Historical Context
Policymakers monitor this rate to assess financial stability and the effectiveness of monetary policy tools.
Key Facts
- The 3-month interbank rate in Hungary averaged 0.57% in 2022.
- Interbank rates directly impact the cost of business and consumer loans.
- Fluctuations in this rate can signal changes in economic growth and inflation.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the 3-month or 90-day interbank interest rate in Hungary, which represents the cost of short-term lending between banks.
Q: Why is this trend relevant for users or analysts?
A: The 3-month interbank rate is a key benchmark for the overall credit conditions in the Hungarian economy and can provide insights into monetary policy and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and reported by the National Bank of Hungary, the central bank of Hungary.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this rate to assess the effectiveness of monetary policy tools and overall financial conditions in the Hungarian market.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be revisions to historical values over time.
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Citation
U.S. Federal Reserve, Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Hungary (IR3TIB01HUM156N), retrieved from FRED.