Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Austria

IRSTCI01ATM156N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.05

Year-over-Year Change

-45.94%

Date Range

1/1/1999 - 6/1/2025

Summary

The Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Austria measures the average interest rate at which banks lend to one another overnight in the Austrian interbank market. This short-term rate is a key indicator of monetary policy and financial market conditions.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The call money/interbank rate is the interest rate at which banks lend to one another on an overnight basis. It represents the base cost of funding for banks and is a crucial measure of liquidity and stress in the financial system.

Methodology

The data is collected by the Austrian National Bank and represents the average rate for all overnight interbank lending transactions.

Historical Context

Policymakers and analysts monitor this rate to assess the effectiveness of monetary policy and any emerging liquidity strains in the banking sector.

Key Facts

  • Austria's overnight interbank rate averaged 0.88% in 2022.
  • The rate reached a low of 0.60% in April 2022.
  • Interbank rates influence broader lending and borrowing costs in the Austrian economy.

FAQs

Q: What does this economic trend measure?

A: The Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Austria measures the average interest rate at which banks lend to one another overnight in the Austrian interbank market.

Q: Why is this trend relevant for users or analysts?

A: The interbank rate is a crucial indicator of liquidity and stress in the financial system, and is closely monitored by policymakers to assess the effectiveness of monetary policy.

Q: How is this data collected or calculated?

A: The data is collected by the Austrian National Bank and represents the average rate for all overnight interbank lending transactions.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this rate to assess the health of the banking sector and the broader financial system, as well as the transmission of monetary policy to the real economy.

Q: Are there update delays or limitations?

A: The data is reported with a short lag, and may be subject to revisions as additional transaction information becomes available.

Related Trends

Citation

U.S. Federal Reserve, Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Austria (IRSTCI01ATM156N), retrieved from FRED.