site.btaDecember Base Interest Rate Down to 3.04% - Central Bank

December Base Interest Rate Down to 3.04% - Central Bank
December Base Interest Rate Down to 3.04% - Central Bank
Bulgarian National Bank (BTA Photo/Vladimir Shokov)

The Bulgarian National Bank Friday announced a base interest rate (simple per annum interest) of 3.04% as of December 1. It is 0.18 percentage points down from 3.22% in November.

The base interest rate has gone down for the third month in a row. The December 2024 base interest rate is the lowest since June 2023, when it was 2.96%.

The base interest peaked at 3.80% in December 2023 and March 2024. It was 0.00% from February 2016 to the end of September 2022. In October 2022 it went up to 0.49%.

/MT/

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By 21:28 on 09.12.2024 Today`s news

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