Press release from the meeting of the Monetary Policy Council held on 13-14 January 2026

On 13-14 January 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 4.00% on an annual basis;
  • lombard rate at 4.50% on an annual basis;
  • deposit rate at 3.50% on an annual basis;
  • rediscount rate at 4.05% on an annual basis;
  • discount rate on bills of exchange at 4.10% on an annual basis.

The press release from the meeting of the Monetary Policy Council held on 13-14 January 2026 will be published today at 16:00 on the NBP website (www.nbp.pl).