Press release from the meeting of the Monetary Policy Council held on 7-8 October 2025

On 7-8 October 2025 the Monetary Policy Council held a decision-making meeting.

The Council decided to decrease the NBP interest rates by 0.25 percentage points. The Council set the NBP interest rates at the following levels:

  • reference rate at 4.50% on an annual basis;
  • lombard rate at 5.00% on an annual basis;
  • deposit rate at 4.00% on an annual basis;
  • rediscount rate at 4.55% on an annual basis;
  • discount rate on bills of exchange at 4.60% on an annual basis.

The resolution of the Monetary Policy Council will enter into force on 9 October 2025.

The press release from the meeting of the Monetary Policy Council held on 7-8 October 2025 will be published today at 16:00 on the NBP website (www.nbp.pl).