CEE Interest Rate Report for April 15 – April 29

By: The Quinnipiac University Economics Research Team, Kyle Del Balso

Source: Eurostat and own calculations. Daily EMU convergence criterion bond yields (i.e., central government 10-year bond yields)

The greatest percentage variation was in Romanian interest rates which also had the largest increase in interest rates (yellow line) overall, rising by about 10% over the week. Interest rates in Hungary dipped early on, then rose back to their original level from April 22 onward. The Czech interest rate is the only rate to fall and remain down through the week, declining nearly 10% by week's end.

Source: Eurostat and own calculations. Daily EMU convergence criterion bond yields (i.e., central government 10-year bond yields). The center line is a rolling three-month average. The upper and lower boundaries are the average plus and average minus one standard deviation, respectively, for the same three-month period.


Relative to their own historical trends, Hungary and Romania kept their interest rates within their historical boundary. The Czech interest rate began inside its historical range, but fell below the lower boundary in the beginning of the period. Poland and Slovakia did not start inside their historical boundaries, and both ended the period approximately the same deviation from their rolling three-month average.

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