Kazakhstan NBK base rate (базовая ставка)
Kazakhstan NBK base rate (базовая ставка) is 16.25 percent, in force since 4 Sep 2026, cited to Official NBK English press release dated 4 September 2026. It was 16.75 percent before that. Last checked against the official source on 8 Oct 2026.
Official source: Official NBK English press release dated 4 September 2026 · Last checked 2026-10-08 · source fingerprint
The National Bank of Kazakhstan base rate — the key monetary policy instrument, an indicative target for short-term interbank rates (operationally tracked against TONIA, the KASE one-day auto-repo rate), set by the Monetary Policy Committee (Комитет по денежно-кредитной политике) with an interest-rate corridor of +/- 1 percentage point. Decided eight times a year on a published schedule.
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| Current value | 16.25 percent |
|---|---|
| In force from | 2026-09-04 |
| Official source | Official NBK English press release dated 4 September 2026 (third cut of the easing cycle: 18… — The Monetary Policy Committee of the National Bank of the Republic of Kazakhstan has decided to set the base rate at 16.25% per annum with a corridor of +/- 1 percentage point. |
| Last verified | 2026-10-08 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Official NBK English press release dated 4 September 2026 (third cut of the easing cycle: 18.0% peak, then 17.00% on 5 Jun 2026, 16.75% on 24 Jul 2026, now 16.25%). Russian original https://nationalbank.kz/ru/news/press-relizy/20266: 'Комитет по денежно-кредитной политике Национального Банка Республики Казахстан принял решение установить базовую ставку на уровне 16,25% годовых с коридором +/- 1 п.п.' No later effective date is stated; decision date used as effective_from. Next scheduled decision 23 October 2026, 12:00 Astana time.
Earlier values
| From | Value | Source |
|---|---|---|
| 2026-07-24 | 16.75 | Национальный Банк Республики Казахстан — пресс-релиз от… |
| 2026-06-05 | 17 | НБРК — пресс-релиз от 05.06.2026 «О снижении базовой ставки… |
| 2025-10-10 | 18 | НБРК — пресс-релиз от 10.10.2025 «О повышении базовой… |
| 2025-03-07 | 16.5 | НБРК — пресс-релиз от 07.03.2025 «О повышении базовой… |
Get it programmatically
curl https://asiaref.dev/v1/kz/policy-rate
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# History: curl https://asiaref.dev/v1/kz/policy-rate/history?from=2020-01-01
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Other Kazakhstan series: VAT standard rate (НДС) · VAT registration threshold · Minimum monthly wage (МЗП) · Public holidays · CPI inflation (year-on-year) · Corporate income tax standard rate (КПН) · Withholding tax rates · Statutory default penalty (законная неустойка, ГК РК ст. 353) · Personal income tax rates (ИПН) · Statutory social-insurance contributions · NBK official exchange rates
The same figure elsewhere: Kuwait · Malaysia · Nepal · Oman · Pakistan · all 28