Day-to-day rates for euro area countries (irt_h_ddmr)

Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: Eurostat, the statistical office of the European Union


Eurostat metadata
Reference metadata
1. Contact
2. Metadata update
3. Statistical presentation
4. Unit of measure
5. Reference Period
6. Institutional Mandate
7. Confidentiality
8. Release policy
9. Frequency of dissemination
10. Accessibility and clarity
11. Quality management
12. Relevance
13. Accuracy
14. Timeliness and punctuality
15. Coherence and comparability
16. Cost and Burden
17. Data revision
18. Statistical processing
19. Comment
Related Metadata
Annexes (including footnotes)



For any question on data and metadata, please contact: EUROPEAN STATISTICAL DATA SUPPORT

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1. Contact Top
1.1. Contact organisation

Eurostat, the statistical office of the European Union

1.2. Contact organisation unit

Unit C1: National accounts methodology. Sector accounts. Financial indicators.

1.5. Contact mail address

2920 Luxembourg LUXEMBOURG


2. Metadata update Top
2.1. Metadata last certified 02/02/2009
2.2. Metadata last posted 08/12/2014
2.3. Metadata last update 08/12/2014


3. Statistical presentation Top
3.1. Data description

The data comprise day-to-day money rates which are no longer updated. These interest rates no longer exist once a country joins the euro area.

3.2. Classification system

Not applicable.

3.3. Coverage - sector

na

3.4. Statistical concepts and definitions

An interest rate is the cost or price of borrowing, or the gain from lending, normally expressed as an annual percentage amount. Day-to-day money rates (also called overnight money rates) refer to deposits or loans on the money market with a maturity of one business day.

Since the introduction of the euro the day-to-day money rate is the same for all euro area Member States: the EONIA-rate (European OverNight Index Average).

Country specific notes:

Belgium: Rate on banks' deposits of their daily cash surpluses.

Germany: Interbank rate.

Greece: Interbank money market rate (monthly average).

Spain: Average of daily interbank rate.

France: Rate for day-to-day loans against private bills.

Ireland: Interbank rate (end of period)

Italy: Monthly average of weighted daily market rates on interbank overnight deposits.

Netherlands: Representative rate on the money market for loans between banks.

Austria: Non-weighted average of rates quoted by Vienna banks.

Portugal: Interbank money market - average interest rate (24 hours to 5 days).

Finland: Monthly average of the weighted average of the rate paid on banks' overnight deposits.

3.5. Statistical unit

Not applicable.

3.6. Statistical population

Not applicable.

3.7. Reference area

Euro area Member States. The series for Luxembourg and Belgium is the same.

3.8. Coverage - Time

The length of series varies considerably. All series end in December 1998 with the exception of Greece whose series end in December 2000. Several series start in January 1973, others later.

3.9. Base period

Not applicable.


4. Unit of measure Top

Percentages.


5. Reference Period Top

Data shown are monthly averages of daily values, quarterly and annual averages.


6. Institutional Mandate Top
6.1. Institutional Mandate - legal acts and other agreements

See the corresponding new series at "21.2: Related Metadata".

6.2. Institutional Mandate - data sharing

na


7. Confidentiality Top
7.1. Confidentiality - policy

Regulation (EC) No 223/2009 on European statistics (recital 24 and Article 20(4)) of 11 March 2009 (OJ L 87, p. 164), stipulates the need to establish common principles and guidelines ensuring the confidentiality of data used for the production of European statistics and the access to those confidential data with due account for technical developments and the requirements of users in a democratic society.

7.2. Confidentiality - data treatment

na


8. Release policy Top
8.1. Release calendar

Not applicable.

8.2. Release calendar access

na

8.3. Release policy - user access

In line with the Community legal framework and the European Statistics Code of Practice Eurostat disseminates European statistics on Eurostat's website (see item 10 - 'Dissemination format') respecting professional independence and in an objective, professional and transparent manner in which all users are treated equitably. The detailed arrangements are governed by the Eurostat protocol on impartial access to Eurostat data for users.


9. Frequency of dissemination Top

Monthly, quarterly and annual.


10. Accessibility and clarity Top
10.1. Dissemination format - News release

News releases on-line.

10.2. Dissemination format - Publications

None.

10.3. Dissemination format - online database

Please consult free data on-line or refer to contact details.

10.4. Dissemination format - microdata access

na

10.5. Dissemination format - other

See: http://ec.europa.eu/eurostat

10.6. Documentation on methodology

None.

10.7. Quality management - documentation

na


11. Quality management Top
11.1. Quality assurance

na

11.2. Quality management - assessment

na


12. Relevance Top
12.1. Relevance - User Needs

na

12.2. Relevance - User Satisfaction

na

12.3. Completeness

Series are mostly long and complete


13. Accuracy Top
13.1. Accuracy - overall

na

13.2. Sampling error

na

13.3. Non-sampling error

na


14. Timeliness and punctuality Top
14.1. Timeliness

Historical series according to national definitions (no longer updated).

New series can be found in: Short-term interest rates (See 21.2 Related Metadata).

14.2. Punctuality

na


15. Coherence and comparability Top
15.1. Comparability - geographical

na

15.2. Comparability - over time

na

15.3. Coherence - cross domain

None.

15.4. Coherence - internal

na


16. Cost and Burden Top

na


17. Data revision Top
17.1. Data revision - policy

Historical series; data are no longer revised.

17.2. Data revision - practice
Not applicable.


18. Statistical processing Top
18.1. Source data

The sources of the data are the national central banks and European Central Bank.

18.2. Frequency of data collection

na

18.3. Data collection

Not applicable.

18.4. Data validation

Data may be checked with national central banks.

18.5. Data compilation

The data are day-to-day rates.

There is no European aggregate.

18.6. Adjustment

Data are not seasonally adjusted.


19. Comment Top

none


Related metadata Top
irt_st_esms - Short-term interest rates


Annexes Top