Czechia policy interest rate
Česká národní banka (Czech National Bank) two-week repo rate — the key policy rate at which the CNB withdraws liquidity via two-week repo tenders, set by the Bank Board (bankovní rada) at its monetary policy meetings (eight scheduled per year) under Act No. 6/1993 Sb. on the CNB. Czechia is an EU member but NOT in the eurozone; it retains the koruna and an independent inflation-targeting monetary policy (2% target).
| Current value | 3.75 percent |
|---|---|
| In force from | 2026-06-19 |
| Official source | CNB — Bank Board monetary policy decision of 18 June 2026: the CNB Bank Board increased the two-week repo rate by 0.25 pp to 3.75%, the discount rate to 2.75% and the Lombard rate to 4.75%, effective 19 June 2026 |
| Last verified | 2026-07-23 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
CORRECTION vs launching brief: the brief framed the recent CNB stance as an easing cycle, but the latest move was a HIKE. After cutting steadily through 2024-2025 (from 6.75% at end-2023 down to 3.50%), the CNB held at 3.50% from 9 May 2025, then RAISED the two-week repo rate by 25bps to 3.75% on 18 June 2026 (effective 19 June 2026) — its first increase of the cycle. Rate confirmed 3.75% as the current level; verified on the CNB's own Bank Board decisions page (cnb.cz). Remaining scheduled 2026 meetings: 6 Aug, 17 Sep, 5 Nov, 17 Dec — so the next possible change is the 6 Aug 2026 decision. The two-week repo rate is the correct headline policy rate (do not substitute the discount rate 2.75% or the Lombard/marginal-lending rate 4.75%, which bracket it). CNB press-release index for the June increase: https://www.cnb.cz/en/cnb-news/press-releases/ . Rate history verified against the CNB FAQ 'How has the CNB two-week repo rate changed over time'.
Earlier values
| From | Value | Source |
|---|---|---|
| 2018-01-02 | 0.5 | Bank for International Settlements - Central Bank Policy Rat |
| 2018-02-02 | 0.75 | Bank for International Settlements - Central Bank Policy Rat |
| 2018-06-28 | 1 | Bank for International Settlements - Central Bank Policy Rat |
| 2018-08-03 | 1.25 | Bank for International Settlements - Central Bank Policy Rat |
| 2018-09-27 | 1.5 | Bank for International Settlements - Central Bank Policy Rat |
| 2018-11-02 | 1.75 | Bank for International Settlements - Central Bank Policy Rat |
| 2019-05-03 | 2 | Bank for International Settlements - Central Bank Policy Rat |
| 2020-02-07 | 2.25 | Bank for International Settlements - Central Bank Policy Rat |
| 2020-03-17 | 1.75 | Bank for International Settlements - Central Bank Policy Rat |
| 2020-03-27 | 1 | Bank for International Settlements - Central Bank Policy Rat |
| 2020-05-11 | 0.25 | Bank for International Settlements - Central Bank Policy Rat |
| 2021-06-24 | 0.5 | Bank for International Settlements - Central Bank Policy Rat |
Get it programmatically
curl https://euroref.dev/v1/cz/policy-rate
# $0.001 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://euroref.dev/v1/cz/policy-rate/history?from=2020-01-01
# Provenance: curl https://euroref.dev/provenance/cz/policy-rateOther Czechia series: VAT rate · minimum wage · public holidays · inflation rate (CPI) · corporate tax rate · income tax rates · statutory interest rate · official exchange rates