Poland Interest Rates
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Source
Source Direct source Direct sourceBank of Poland
Bank of Poland
Poland Long-term interest rates, Per cent per annum
Source Source Direct source Direct sourceEurostat
Other Aspects Other Aspects Quality comments Quality commentsThe Maastricht Treaty EMU convergence criterion series for long-term interest rates are shown here. Selection guidelines require data to be based on central government bond yields on the secondary market, gross of tax, with a residual maturity of around 10 years. The bond or the bonds of the basket have to be replaced regularly to avoid any maturity drift.
The legal basis is the Article 121 of the Treaty establishing the European Community and Protocol on the convergence criteria.
Daily and monthly convergence series data are collected by the European Central Bank (ECB) from the national central banks.
For more information on some national series click here: footnotes for Maastricht series. See also: Statistics in focus Long-term interest rates for Acceding countries.
The legal basis is the Article 121 of the Treaty establishing the European Community and Protocol on the convergence criteria.
Daily and monthly convergence series data are collected by the European Central Bank (ECB) from the national central banks.
For more information on some national series click here: footnotes for Maastricht series. See also: Statistics in focus Long-term interest rates for Acceding countries.
Eurostat
The Maastricht Treaty EMU convergence criterion series for long-term interest rates are shown here. Selection guidelines require data to be based on central government bond yields on the secondary market, gross of tax, with a residual maturity of around 10 years. The bond or the bonds of the basket have to be replaced regularly to avoid any maturity drift.
The legal basis is the Article 121 of the Treaty establishing the European Community and Protocol on the convergence criteria.
Daily and monthly convergence series data are collected by the European Central Bank (ECB) from the national central banks.
For more information on some national series click here: footnotes for Maastricht series. See also: Statistics in focus Long-term interest rates for Acceding countries.
The legal basis is the Article 121 of the Treaty establishing the European Community and Protocol on the convergence criteria.
Daily and monthly convergence series data are collected by the European Central Bank (ECB) from the national central banks.
For more information on some national series click here: footnotes for Maastricht series. See also: Statistics in focus Long-term interest rates for Acceding countries.
Interest Rates
Source Source Direct source Direct sourceIn nearly all instances, data are provided by the national central bank.
Data Characteristics Data Characteristics Concepts & Classifications Concepts & Classifications Key statistical concept Key statistical conceptInterest can be said to be the price paid by the borrower for the use of funds saved by the lender and the compensation to the lender for his deferring expenditures. This compensation comprises two elements, namely a payment equal to the loss of purchasing power of the principal during the term of the loan and a balance that represents the real interest accruing to the lender. However this simplicity does not extend into the area of rate determination since rates vary not only because of inflation, as implied above, but also because of a number of other influences, including:
- The amount, purpose and period of the transaction;
- The credit-worthiness of the borrower;
- The collateral offered and/or other guarantees/guarantors available;
- The competition for the transaction;
- Government policy.
As a consequence, there will be numerous rates applying to the large number of transactions that are in effect at any one time in any one country. While efforts have been made in the rate selection to ensure as much international comparability as possible, the fact remains that the institutional features of each member’s financial markets are distinct and often markedly different from those of other members. However, the intent is to present for each country a range of rates, from ‘overnight’ through ‘short-term’ to ‘long-term’. In general, ‘overnight’ and ‘short term’ rates relate to money market instruments, while ‘long term’ rates are secondary market yields of long term (usually 10 year) bonds.
- The amount, purpose and period of the transaction;
- The credit-worthiness of the borrower;
- The collateral offered and/or other guarantees/guarantors available;
- The competition for the transaction;
- Government policy.
As a consequence, there will be numerous rates applying to the large number of transactions that are in effect at any one time in any one country. While efforts have been made in the rate selection to ensure as much international comparability as possible, the fact remains that the institutional features of each member’s financial markets are distinct and often markedly different from those of other members. However, the intent is to present for each country a range of rates, from ‘overnight’ through ‘short-term’ to ‘long-term’. In general, ‘overnight’ and ‘short term’ rates relate to money market instruments, while ‘long term’ rates are secondary market yields of long term (usually 10 year) bonds.
Aggregation & consolidation Aggregation & consolidationMonthly figures shown are calculated as the average of weighted or unweighted arithmetic rates relating to all days or specified days in the month or they refer to a day at or near month’s end. For short and long term interest rates, annual and quarterly data are normally averages of monthly figures, while for ‘overnight’ rates, annual and quarterly data usually refer to the figure for the final month of the period.
In nearly all instances, data are provided by the national central bank.
OECD statistics contact: stat.contact@oecd.org
Interest can be said to be the price paid by the borrower for the use of funds saved by the lender and the compensation to the lender for his deferring expenditures. This compensation comprises two elements, namely a payment equal to the loss of purchasing power of the principal during the term of the loan and a balance that represents the real interest accruing to the lender. However this simplicity does not extend into the area of rate determination since rates vary not only because of inflation, as implied above, but also because of a number of other influences, including:
- The amount, purpose and period of the transaction;
- The credit-worthiness of the borrower;
- The collateral offered and/or other guarantees/guarantors available;
- The competition for the transaction;
- Government policy.
As a consequence, there will be numerous rates applying to the large number of transactions that are in effect at any one time in any one country. While efforts have been made in the rate selection to ensure as much international comparability as possible, the fact remains that the institutional features of each member’s financial markets are distinct and often markedly different from those of other members. However, the intent is to present for each country a range of rates, from ‘overnight’ through ‘short-term’ to ‘long-term’. In general, ‘overnight’ and ‘short term’ rates relate to money market instruments, while ‘long term’ rates are secondary market yields of long term (usually 10 year) bonds.
- The amount, purpose and period of the transaction;
- The credit-worthiness of the borrower;
- The collateral offered and/or other guarantees/guarantors available;
- The competition for the transaction;
- Government policy.
As a consequence, there will be numerous rates applying to the large number of transactions that are in effect at any one time in any one country. While efforts have been made in the rate selection to ensure as much international comparability as possible, the fact remains that the institutional features of each member’s financial markets are distinct and often markedly different from those of other members. However, the intent is to present for each country a range of rates, from ‘overnight’ through ‘short-term’ to ‘long-term’. In general, ‘overnight’ and ‘short term’ rates relate to money market instruments, while ‘long term’ rates are secondary market yields of long term (usually 10 year) bonds.
Monthly figures shown are calculated as the average of weighted or unweighted arithmetic rates relating to all days or specified days in the month or they refer to a day at or near month’s end. For short and long term interest rates, annual and quarterly data are normally averages of monthly figures, while for ‘overnight’ rates, annual and quarterly data usually refer to the figure for the final month of the period.
Long-term interest rates, Per cent per annum
Data Characteristics Data Characteristics Unit of measure used Unit of measure used
Percentage
Concepts & Classifications Concepts & Classifications Key statistical concept Key statistical conceptLong term (in most cases 10 year) government bonds are the instrument whose yield is used as the representative ‘interest rate’ for this area. Generally the yield is calculated at the pre-tax level and before deductions for brokerage costs and commissions and is derived from the relationship between the present market value of the bond and that at maturity, taking into account also interest payments paid through to maturity.
Long term (in most cases 10 year) government bonds are the instrument whose yield is used as the representative ‘interest rate’ for this area. Generally the yield is calculated at the pre-tax level and before deductions for brokerage costs and commissions and is derived from the relationship between the present market value of the bond and that at maturity, taking into account also interest payments paid through to maturity.