Bank of Israel · Bank of Israel interest rate
Israel · ILS · Policy rate
The Bank of Israel’s Bank of Israel interest rate is 3.50 %, last changed on 9 Jul 2026 when it was cut by 25 bp from 3.75 %.
3.50 %
- Last change
- cut −25 bp·
- Previous rate
- 3.75 %
- Next decision
- —
- Latest observation
- Source
- BIS
3.50 % ·
18 Sep 20210.00 – 4.75 %18 Sep 2026
Recent decisions
| Date | Rate | Change |
|---|---|---|
| 3.50 % | −25 bp | |
| 3.75 % | −25 bp | |
| 4.00 % | −25 bp | |
| 4.25 % | −25 bp | |
| 4.50 % | −25 bp | |
| 4.75 % | +25 bp | |
| 4.50 % | +25 bp | |
| 4.25 % | +50 bp | |
| 3.75 % | +50 bp |
Changes are dated by when they took effect; holds by the announcement day. We do not track this bank’s meeting calendar, so only changes are listed.
At a glance
- Economy
- Israel
- Currency
- ILS
- Type
- Policy rate
- Set by
- Bank of Israel
- History since
- 1993
- Changes in the last 12 months
- 4
Questions and answers
- What is the current Bank of Israel interest rate?
- The Bank of Israel’s Bank of Israel interest rate is 3.50 %, last changed on 9 Jul 2026 when it was cut by 25 bp from 3.75 %.
- When did the Bank of Israel last change its rate?
- On 9 Jul 2026, when the Bank of Israel interest rate was cut by 25 bp to 3.50 % from 3.75 %.
- When is the next Bank of Israel rate decision?
- The bank does not publish a decision calendar that we track.
All changes since 2018
| Date | Rate | Change |
|---|---|---|
| 3.50 % | −25 bp | |
| 3.75 % | −25 bp | |
| 4.00 % | −25 bp | |
| 4.25 % | −25 bp | |
| 4.50 % | −25 bp | |
| 4.75 % | +25 bp | |
| 4.50 % | +25 bp | |
| 4.25 % | +50 bp | |
| 3.75 % | +50 bp | |
| 3.25 % | +50 bp | |
| 2.75 % | +75 bp | |
| 2.00 % | +75 bp | |
| 1.25 % | +50 bp | |
| 0.75 % | +40 bp | |
| 0.35 % | +25 bp | |
| 0.10 % | −15 bp | |
| 0.25 % | +15 bp |
Dates before 2021 are month precision (monthly BIS data).
Other rates in Middle East
Source: BIS central bank policy rates. Latest observation 31 Jul 2026. Refreshed every 30 minutes.