Interest Rates Unchanged: NBP MPC Holds 3.75%
Summary
The NBP Monetary Policy Council held its decision-making meeting on 8-9 April 2026 and decided to keep interest rates unchanged. The reference rate remains at 3.75% on an annual basis.
What changed
The NBP Monetary Policy Council decided to keep all interest rates unchanged at its April 2026 meeting. The reference rate stays at 3.75%, with the lombard rate at 4.25%, deposit rate at 3.25%, rediscount rate at 3.80%, and discount rate on bills of exchange at 3.85%. This decision maintains the current monetary policy stance without introducing new obligations or changes for financial institutions.
Affected parties should note no changes to borrowing or lending conditions resulting from this decision. Banks and financial institutions operating in Poland can continue under existing rate frameworks with no immediate compliance adjustments required.
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- Monitor for updates
Archived snapshot
Apr 16, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
On 8-9 April 2026 the Monetary Policy Council held a decision-making meeting.
The Monetary Policy Council decided to keep the NBP interest rates unchanged:
- reference rate at 3.75% on an annual basis;
- lombard rate at 4.25% on an annual basis;
- deposit rate at 3.25% on an annual basis;
- rediscount rate at 3.80% on an annual basis;
- discount rate on bills of exchange at 3.85% on an annual basis. The press release from the meeting of the Monetary Policy Council held on 8-9 April 2026 will be published today at 15:00 on the NBP website (www.nbp.pl).
Information from the meeting of the Monetary Policy Council held on 8-9 April 2026
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