Changes in CNB rates (No. 898)

In connection with current economic developments, the Board of the Czech National Bank has adopted new measures. For the second time in this emergency, its decision has been to reduce interest rates. With effect from 27 March 2020, the two-week repo rate has been reduced from 1.75% to 1.00%. Further, the Lombard rate has been reduced from 2.75% to 2.00% and the discount rate from 0.75% to 0.05%.

The amount of the repo rate is decisive for sanctioning any possible late payment of tax. The overview can be found here.

publikováno 07.04.2020
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