NATIONAL BANK OF THE REPUBLIC OF BELARUS

Refinancing Rate


Valid since* Value of refinancing rate,
% per annum
2014
13/08/2014   20**
16/07/201420.5
19/05/201421.5
16/04/201422.5
2013
10/06/201323.5
15/05/201325
17/04/201327
13/03/201328.5
2012
12/09/201230
15/08/201230.5
18/07/201231
20/06/201232
16/05/201234
02/04/201236
01/03/201238
15/02/201243
2011
12/12/201145
11/11/201140
14/10/201135
14/09/201130
01/09/201127
17/08/201122
13/07/201120
22/06/201118
01/06/201116
18/05/201114
20/04/201113
16/03/201112
2010
15/09/201010.5
18/08/201011
14/07/201011.5
12/05/201012
19/04/201012.5
17/02/201013
2009
01/12/200913.5
08/01/200914
2008
17/12/200812
12/11/200811
15/10/200810.75
13/08/200810.5
01/07/200810.25
2007
01/10/200710
01/09/200710.25
01/08/200710.5
01/07/200710.75
01/02/200711
2006
01/12/200610
01/06/200610.5
2005
25/11/200511
20/07/200512
01/06/200513
05/05/200514
06/04/200515
10/03/200516
2004
20/09/200417
23/08/200418
19/07/200419
17/06/200420
17/05/200422
17/04/200423
17/03/200425
17/02/200427
2003
22/10/200328
22/09/200329
18/08/200330
17/07/200331
23/06/200333
21/05/200334
21/04/200335
21/03/200337
Valid since* Value of refinancing rate,
% per annum
2002
21/11/200238
21/10/200239
19/09/200240
19/08/200242
19/07/200244
17/06/200246
21/05/200250
15/04/200255
15/03/200260
15/01/200266
2001
21/09/200148
09/07/200150
21/06/200155
04/06/200160
21/05/200164
21/04/200168
21/03/200170
21/02/200175
2000
01/12/200080
14/09/200085
22/06/200090
22/05/2000100
20/04/2000110
28/03/2000130
15/03/2000150
21/02/2000175
25/01/2000150
10/01/2000130
1999
14/12/1999120
25/11/1999110
01/04/199990
02/03/199982
20/01/199960
1998
01/12/199848
01/08/199838
07/05/199840
01/04/199844
19/02/199850
1997
01/12/199740
20/09/199736
20/08/199738
25/02/199742
1996
02/09/199635
21/03/199655
1995
21/08/199566
21/06/199596
22/05/1995144
05/05/1995180
21/02/1995300
1994
20/12/1994480
10/10/1994300
1993
10/11/1993210
15/10/1993180
12/08/1993170
20/07/1993140
10/07/1993120
01/06/1993100
20/04/199370
10/03/199360
1992
15/06/199230
28/01/199220
1991
01/07/199112
The refinance rate is the rate of the National Bank of the Republic of Belarus which is a basic instrument of the interest rates level regulation in the money market and a basis for setting interest rates on the operations involving liquidity provision to banks.

* Later value of refinancing rate cancels the previous one.

** Currently in force.