Change in CNB (Czech National Bank) rates (No. 912)

The Czech National Bank has decreased interest rates from 11th May 2020. Two-week repo rate has been decreased from 1.00% to 0.25%. The Lombard rate will be decreased to 1% and the discount rate will remain at 0.05%.

An updated overview of the development of the repo rate, which determinates the amount of the sanction in tax proceedings, can be found here (available only in Czech).

publikováno 14.05.2020
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