The National Bank of Kazakhstan has raised the base interest rate from 14.25% to 15.25%, effective from 2 December 2024.
The base rate determines late payment interest, which is calculated as 1.25 times the base rate, divided by 365 to find the daily rate.
Base rate decision schedule (2015–2024)
Date | Base Measurement Level (%) | Base Measurement Corridor (%) |
22.01.2024 | 15.25 | 14.25 – 16.25 |
26.02.2024 | 14.75 | 13.75 – 15.75 |
15.04.2024 | 14.75 | 13.75 – 15.75 |
03.06.2024 | 14.50 | 13.50 – 15.50 |
15.07.2024 | 14.25 | 13.25 – 15.25 |
02.09.2024 | 14.25 | 13.25 – 15.25 |
14.10.2024 | 14.25 | 13.25 – 15.25 |
02.12.2024 | 15.25 | 14.25 – 16.25 |