Name of the Statistical Indicator
Interest Rates
Unit of Measurement
percent
History of the Indicator
Since 1992
Definition of the Indicator
The base rate is the main instrument of the National Bank's monetary policy, which makes it possible to regulate nominal interbank interest rates in the money market. By setting the level of the base rate, the National Bank determines the target value of the targetable (target) interbank short-term money market rate to achieve the goal of price stability in the medium term. Decisions on the base rate are made by the Monetary Policy Committee of National Bank 8 times a year according to the approved decision-making schedule.
Data Processing Method
The base rate (refinancing rate) at the end of the period; Aggregated weighted average administrative data on government securities yields
Methodology for Calculation
Source of the Indicator
National Bank of the Republic of Kazakhstan
Methodological Explanations
Date of Last Update
14.01.2026
Date of Next Update
14.01.2027
Responsible Structural Division
Department of Financial Market Statistics of the National Bank
Responsible Officer
Bagasharov Askat
Telephone Number
+7 7172 77 55 64
E-mail
bagasharov.a@nationalbank.kz
