Forkagro Pixel
City
Moscow, we identified your city correctly?
Yes, that's right
No, change

Official discount rate

Term meaning Official discount rate

the interest rate of the central bank applied by it in their operations with commercial banks and other credit institutions when purchasing (recording) state obligations and rediscounting private commercial bills. Adjusting the rate opens up the possibility for the central bank to influence the level of discount and other interest rates of commercial banks and the volume of operations of the entire credit market. The Central Bank regulates (mostly indirectly) the loan capital market.

Confirm
By continuing to use our site, you consent to the processing of cookies that ensure the proper operation of the site.
Accept all cookies