methods, notes and classification Money market interest rates - annual data methods, notes and classification

Interest rates

Interest rates specify the rate at which interest is paid on loans. There are seven main sets of data:

  • Euro yield curves – Yields and coefficients calculated for different euro yield curves (par yield curves and instantaneous forward curves and spot rate yield curves) based on different selections of bonds
  • Long-term interest rates – Government bond yields with a ten years' maturity and interest rates used for the Maastricht criterion on long-term interest rates
  • Central bank interest rates – Different rates that central banks fix to conduct the monetary policy (reference rates)
  • Short-term interest rates – Rates on money markets for different maturities (overnight, 1–12 months)
  • Retail bank interest rates – Lending and deposit interest rates of commercial banks (non-harmonised and historical series), and harmonised MFI (Monetary Financial Institutions) interest rates (MIR).
  • Convergence of interest rates–
    1. Two instruments:
    • the standard deviation
    • the variation coefficient
    1. Three indicators – loans to:
    • Households for house purchases ·
    • Non-financial corporations up to one year ·
    • Non-financial corporations over one year
  • Historical data –
    • Central bank interest rates
    • Short- and long-term rates
    • ECU interest rates

Methodology

* [Euro yield curves][1]    
* [Central bank interest rates][2]    
* [Short-term interest rates][3]    
* [Convergence of interest rates][4]    
    • Interest rate
      • 0 Day-to-day rate
      • 1 1-month rate
      • 2 3-month rate
      • 3 6-month rate
      • 4 12-month rate
    • Geopolitical entity (reporting)
      • 0 Euro area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015)
      • 1 Bulgaria
      • 2 Czechia
      • 3 Denmark
      • 4 Croatia
      • 5 Latvia
      • 6 Lithuania
      • 7 Hungary
      • 8 Poland
      • 9 Romania
      • a Sweden
      • b United Kingdom
      • c Turkey
      • d United States
      • e Japan