The benchmark interest rate in Bahrain was last recorded at 1 percent.

Interest Rate in Bahrain averaged 1.53 percent from 2006 until 2020, reaching an all time high of 5 percent in February of 2007 and a record low of 0.50 percent in September of 2009. This page provides the latest reported value for - Bahrain Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bahrain Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Interest Rate in Bahrain is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Bahrain to stand at 1.00 in 12 months time. In the long-term, the Bahrain Interest Rate is projected to trend around 1.00 percent in 2021, according to our econometric models.

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Bahrain Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.00 1.00 5.00 0.50 2006 - 2020 percent Daily

Calendar GMT Actual Previous Consensus TEForecast
2019-09-19 05:30 AM 2.5% 2.5% 2.25%
2019-10-30 07:00 PM 2.25% 2.5% 2.25%
2020-03-03 07:10 PM 1.75% 2.25%
2020-03-16 12:00 PM 1% 1.75%

News Stream
Bahrain Slashes Key Interest Rate by 75bps
The National Bank of Bahrain lowered its benchmark interest rate by 75bps to 1 percent on March 16th 2020, a day after the US Federal Reserve slashed interest rates by 100bps in an emergency move to support the economy hurt by Covid-19. Policymakers also cut the overnight deposit rate to 0.75 percent from 1.5 percent, the one-month deposit rate to 1.45 percent from 2.2 percent, and the lending rate to 1.7 percent from 2.45 percent.
Bahrain Cuts Key Rate to 1.75%
The National Bank of Bahrain lowered its benchmark interest rate to 1.75 percent from 2.25 percent on March 3th 2020, a day after the US Federal Reserve’s cut rates in an emergency move. It also cut the overnight deposit rate to 1.5% from 2%, and reduced the one-month deposit rate to 2.2% from 2.45%, while it left its lending rates unchanged at 4%.
Bahrain Holds Key Interest Rate at 2.25%
The Central Bank of Bahrain left unchanged its one-week deposit rate at 2.25% during its February 2020 meeting. The CBB also decided to keep the overnight deposit rate steady at 2% and the lending rate at 4% but slashed the one-month deposit rate to 2.45% from 2.6%.
Bahrain Cuts Rates by 25bps
The Central Bank of Bahrain slashed its one-week deposit rate by 25bps to 2.5% during its October meeting, after the US Federal Reserve slashed rates for the third time this year. The CBB has also decided to cut the overnight deposit rate from 2.25% to 2.00%, the one-month deposit rate from 2.85% to 2.60% and the lending rate from 4.25% to 4.00%.

Bahrain Interest Rate
In Bahrain, interest rate decisions are taken by the Central Bank of Bahrain. The official interest rate is the One Week Deposit Rate.