Czech Republic CNB two-week repo rate (2T repo sazba)
Czech Republic CNB two-week repo rate (2T repo sazba) is 3.75 percent, in force since 19 Jun 2026, cited to CNB. It was 3.5 percent before that. Last checked against the official source on 27 Oct 2026.
Official source: CNB · Last checked 2026-10-27 · source fingerprint
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).
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| 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 | 2026-10-27 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
A COMMON FRAMING, CORRECTED: summaries often frame 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 |
|---|---|---|
| 2025-05-09 | 3.5 | CNB — Bank Board decision of 7 May 2025: cut the two-week… |
| 2025-02-07 | 3.75 | CNB — Bank Board decision of 6 February 2025: cut the… |
| 2024-11-08 | 4 | CNB — Bank Board decision of 7 November 2024: cut the… |
| 2024-09-26 | 4.25 | Bank for International Settlements - Central Bank Policy… |
| 2024-08-02 | 4.5 | Bank for International Settlements - Central Bank Policy… |
| 2024-06-28 | 4.75 | Bank for International Settlements - Central Bank Policy… |
| 2024-05-03 | 5.25 | Bank for International Settlements - Central Bank Policy… |
| 2024-03-21 | 5.75 | Bank for International Settlements - Central Bank Policy… |
| 2024-02-09 | 6.25 | Bank for International Settlements - Central Bank Policy… |
| 2023-12-22 | 6.75 | Bank for International Settlements - Central Bank Policy… |
| 2022-06-23 | 7 | Bank for International Settlements - Central Bank Policy… |
| 2022-05-06 | 5.75 | Bank for International Settlements - Central Bank Policy… |
Get it programmatically
curl https://euroref.dev/v1/cz/policy-rate
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# History: curl https://euroref.dev/v1/cz/policy-rate/history?from=2020-01-01
# Provenance: curl https://euroref.dev/provenance/cz/policy-rateEmail me when this changes
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Other Czech Republic series: VAT standard rate (DPH základní sazba) · VAT registration threshold · Minimum wage (minimální mzda), monthly · Public holidays · CPI inflation (year-on-year) · Corporate income tax rate (daň z příjmů právnických osob) · Withholding tax rates · Personal income tax rates (daň z příjmů fyzických osob) · Statutory social-insurance contributions · Statutory default interest (úrok z prodlení) · CNB central bank exchange rates · Tax filing deadlines
The same figure elsewhere: Denmark · Estonia · Finland · France · Germany · all 34