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Bank of Israel · Bank of Israel interest rate

Israel · ILS · Policy rate

The Bank of Israel’s Bank of Israel interest rate is 3.25 %, last changed on 3 Sep 2026 when it was cut by 25 bp from 3.50 %.

3.25 %

Last change
cut −25 bp·
Previous rate
3.50 %
Next decision
—
Latest observation
Source
BIS

No new data from the source since 30 Sep 2026. A decision after that date may be missing here.

3.25 % ·

2 Nov 20210.00 – 4.75 %2 Nov 2026

Recent decisions

DateRateChange
3.25 %−25 bp
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

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.

BoI website ↗

At a glance

Economy
Israel
Currency
ILS
Type
Policy rate
Set by
Bank of Israel
History since
1993
Changes in the last 12 months
5

Questions and answers

What is the current Bank of Israel interest rate?
The Bank of Israel’s Bank of Israel interest rate is 3.25 %, last changed on 3 Sep 2026 when it was cut by 25 bp from 3.50 %.
When did the Bank of Israel last change its rate?
On 3 Sep 2026, when the Bank of Israel interest rate was cut by 25 bp to 3.25 % from 3.50 %.
When is the next Bank of Israel rate decision?
The bank does not publish a decision calendar that we track.

Decisions by year since 2018

2026net −100 bp

DateRateChange
3.25 %−25 bp
3.50 %−25 bp
3.75 %−25 bp
4.00 %−25 bp

2025net −25 bp

DateRateChange
4.25 %−25 bp

2024net −25 bp

DateRateChange
4.50 %−25 bp

2023net +150 bp

DateRateChange
4.75 %+25 bp
4.50 %+25 bp
4.25 %+50 bp
3.75 %+50 bp

2022net +315 bp

DateRateChange
3.25 %+50 bp
2.75 %+75 bp
2.00 %+75 bp
1.25 %+50 bp
0.75 %+40 bp
0.35 %+25 bp

2020net −15 bp

DateRateChange
0.10 %−15 bp

2018net +15 bp

DateRateChange
0.25 %+15 bp

Dates before 2021 are month precision (monthly BIS data).

Other rates in Middle East

Download history (CSV)

Source: BIS central bank policy rates. Latest observation 30 Sep 2026. Refreshed every 30 minutes.