20.07.2020
Securities lending of Bank of Estonia PSPP holdings

The Bank of Estonia PSPP and PEPP holdings are available for securities lending. The counterparties eligible for this lending are trading counterparties who have relevant agreements (GMRA agreements) with the Bank of Estonia.

Eligible... more

19.06.2020
The Estonian Economy and Monetary Policy is an Eesti Pank review released four times a year that summarises the main recent events in the global and Estonian economies. Twice a year, in June and December, the review also contains a full forecast for the Estonian economy, while in March and... more
02.06.2020
Madis Müller Governor of Eesti Pank

Honourable President of the Riigikogu, Distinguished Members of the Riigikogu, I am pleased to present to you the annual report of Eesti Pank for 2019.

Rarely has the economy been in such a different position by the start of June... more

21.05.2020

 

   

* The monthly purchase volumes are reported net of redemtions
** At amortized cost   

From June 2015 to May 2016, Eesti Pank had a special exemption allowing it to buy the bonds of the state-owned transmission system operator Elering. From June 2016 the... more

30.04.2020

The Eesti Pank reserves allow the central bank to remain independent of the government and ensure that it has sufficient capital to cover any possible losses. More broadly, the reserves help ensure confidence in the monetary system of the euro area and underpin the stability of the Estonian... more

17.04.2020
Like elsewhere in Europe and other countries around the world, the most topical question affecting the Estonian economy is what impact the steps taken to combat the COVID-19 pandemic and the restrictions they have placed on the activities of households and businesses will have. This issue of Eesti... more
25.03.2020

Estonia joined the euro area at the beginning of 2011. In the euro area, the Eurosystem is responsible for the implementation of the single monetary policy. The Eurosystem consists of national central banks (NCBs) in the euro area and the European Central Bank (ECB) in Frankfurt. As a Eurosystem... more

22.01.2020

With inflation remaining low, expectations for it falling and the economy in the euro area staying weak, the Governing Council of the European Central Bank decided at its meeting in September 2019 to ease monetary policy with a varied package of measures. One of these measures was that monthly... more

19.12.2019
The economic circumstances for Estonia in the near term will be defined by the weakness of trading partners and the uncertainty prov-oked by the trade conflict between the US and China. Although central banks around the world have eased their monetary policy, encouraging growth in the economy by... more
09.12.2019
The Estonian Economy and Monetary Policy is an Eesti Pank review released four times a year that summarises the main recent events in the global and Estonian economies. Twice a year, in June and December, the review also contains a full forecast for the Estonian economy, while in March and... more
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