The ČNB raised rates: repo 4.00% (Nov 5, 2026)
On Nov 5, 2026 the ČNB's board raised the repo rate from 3.75% to 4.00%.
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 Nov 6, 2026, from 3.75% to 4.00%.
The numbers before the board
- The ČNB repo rate: 4.00%
- Inflation for September 2026: 2.5% (the ČNB's target 2%)
- Real rate (repo less inflation): 1.50 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 | 3.97% | 3.53% | Oct 30, 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 | 5.13% | – | Nov 6, 2026 |
The koruna stands at CZK 24.34 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 repo rate's history
| Day | Rate |
|---|---|
| Nov 6, 2026 | 3.75% → 4.00% |
| Jun 19, 2026 | 3.50% → 3.75% |
| May 9, 2025 | 3.75% → 3.50% |
| Feb 7, 2025 | 4.00% → 3.75% |
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.
The next meeting
Dec 17, 2026. The market calendar →
Questions people ask
- What is the ČNB's repo rate? 4.00%.
- When is the next ČNB meeting? Dec 17, 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 →