3-month rates for euro area countries (irt_h_mr3)

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
Footnotes



For any question on data and metadata, please contact: Eurostat user 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 02/07/2021
2.2. Metadata last posted 02/07/2021
2.3. Metadata last update 02/07/2021


3. Statistical presentation Top
3.1. Data description

The data are three-month interbank rates, which are no longer updated. The series represent interest rates of countries which have now joined the euro area.
3.2. Classification system

Not applicable.
3.3. Coverage - sector

Not applicable.
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. Three-month interbank rates apply to deposits or loans between banks with an original maturity of three months.

Since the introduction of the euro the three-month interbank rate is the same for all euroarea Member States: the Euribor (euro interbank offered rate). 
3.5. Statistical unit

Not applicable.
3.6. Statistical population

Not applicable.
3.7. Reference area

Euro area Member States. The rate for Luxembourg and Belgium is the same.
3.8. Coverage - Time

Mostly long and complete time series.
3.9. Base period

Not applicable.


4. Unit of measure Top

Percentages.


5. Reference Period Top

Data are monthly, quarterly and annual.


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

No specific rules apply.
6.2. Institutional Mandate - data sharing

Not applicable.


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

Not applicable.


8. Release policy Top
8.1. Release calendar

Not applicable.
8.2. Release calendar access

Not applicable.
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 - 'Accessibility and clarity') 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

Not applicable.
10.2. Dissemination format - Publications

None.
10.3. Dissemination format - online database

Please consult free data on-line: https://ec.europa.eu/eurostat.
10.4. Dissemination format - microdata access

Not applicable.
10.5. Dissemination format - other

None.
10.6. Documentation on methodology

None.
10.7. Quality management - documentation

Not applicable.


11. Quality management Top
11.1. Quality assurance

Not applicable.
11.2. Quality management - assessment

Not applicable.


12. Relevance Top
12.1. Relevance - User Needs

Not applicable.
12.2. Relevance - User Satisfaction

Not applicable.
12.3. Completeness

Data start in 1970.


13. Accuracy Top
13.1. Accuracy - overall

Not applicable.
13.2. Sampling error

Not applicable.
13.3. Non-sampling error

Not applicable.


14. Timeliness and punctuality Top
14.1. Timeliness

Historical data are frozen and are not updated anymore.

New series can be found in: Short-term interest rates.
14.2. Punctuality

Not applicable.


15. Coherence and comparability Top
15.1. Comparability - geographical

Not applicable.
15.2. Comparability - over time

Not applicable.
15.3. Coherence - cross domain

None.
15.4. Coherence - internal

Not applicable.


16. Cost and Burden Top

Not applicable.


17. Data revision Top
17.1. Data revision - policy

Historical series; data are no longer revised.
17.2. Data revision - practice

Historical series; data are no longer revised.


18. Statistical processing Top
18.1. Source data

The source of the data was DG ECFIN of the European Commission.
18.2. Frequency of data collection

Not applicable.
18.3. Data collection

Not applicable.
18.4. Data validation

None.
18.5. Data compilation

Data are interest 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


Footnotes Top