ČNB meeting Nov 5, 2026: analysts expect a rise to 4.00%
The ČNB's board decides on rates on Nov 5, 2026, the result comes after 14:30 Prague time. The repo rate is 3.75%.
Put together automatically by hedger from FRED, ČNB, ČSÚ and Yahoo Finance data. It draws no conclusions and is not investment advice.
The rate last moved on Jun 19, 2026, from 3.50% to 3.75%; the board has left it unchanged 2 times since.
At this meeting the board has the ČNB's new forecast, which the bank publishes four times a year.
What analysts expect
In ČTK's survey analysts expect a repo rate of 4.00% (ČTK).
What the board has before it
- The ČNB repo rate: 3.75%
- Inflation for September 2026: 2.5% (the ČNB's target 2%)
- Real rate (repo less inflation): 1.25 pp
- GDP on the year for Q3 2026: 1.6%
What follows the rate
The repo rate is the price of short-term money between the ČNB and banks. The interbank PRIBOR follows it and, with varying lags, what banks pay and charge people. Banks' averages come about a month after the month ends.
| Rate | Now | A year ago | As of |
|---|---|---|---|
| 3-month PRIBOR | 3.94% | 3.52% | Oct 23, 2026 |
| Overnight deposits, banks' average | 1.55% | 1.37% | September 2026 |
| New term deposits, banks' average | 3.41% | 2.86% | September 2026 |
| New mortgages, banks' average | 4.97% | 4.54% | September 2026 |
| The Czech 10-year yield | 5.36% | – | Nov 2, 2026 |
The koruna stands at CZK 24.35 to the euro, CZK 24.34 a year ago. The Fed's band is 3.75–4.00%. The gap in rates against abroad is one of the things that move the exchange rate.
The last changes of the rate
| Day | Rate |
|---|---|
| Jun 19, 2026 | 3.50% → 3.75% |
| May 9, 2025 | 3.75% → 3.50% |
| Feb 7, 2025 | 4.00% → 3.75% |
| Nov 8, 2024 | 4.25% → 4.00% |
Why it matters
The Czech National Bank's main rate. It sets mortgages, savings accounts and the crown: a rate above the eurozone's supports the crown.
Questions people ask
- What is the ČNB's repo rate? 3.75%.
- When is the next ČNB meeting? Nov 5, 2026, the result comes after 14:30 Prague time.
More on hedger
The repo rate over time → · Rates and the Fed → · Czech inflation → · Savings accounts →