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long_term_interest_rate

Deprecated

This endpoint will be removed in a future version. Use, /economy/interest_rates, instead. Deprecated in OpenBB Platform V4.3 to be removed in V4.5.

Get Long-term interest rates that refer to government bonds maturing in ten years.

Rates are mainly determined by the price charged by the lender, the risk from the borrower and the fall in the capital value. Long-term interest rates are generally averages of daily rates, measured as a percentage. These interest rates are implied by the prices at which the government bonds are traded on financial markets, not the interest rates at which the loans were issued. In all cases, they refer to bonds whose capital repayment is guaranteed by governments. Long-term interest rates are one of the determinants of business investment. Low long-term interest rates encourage investment in new equipment and high interest rates discourage it. Investment is, in turn, a major source of economic growth.

Examples

from openbb import obb
obb.economy.long_term_interest_rate(provider='oecd')
obb.economy.long_term_interest_rate(country=all, frequency=quarterly, provider='oecd')

Parameters

NameTypeDescriptionDefaultOptional
start_dateUnion[date, str]Start date of the data, in YYYY-MM-DD format.NoneTrue
end_dateUnion[date, str]End date of the data, in YYYY-MM-DD format.NoneTrue

Returns

OBBject
results : List[LTIR]
Serializable results.

provider : Optional[Literal['oecd']]
Provider name.

warnings : Optional[List[Warning_]]
List of warnings.

chart : Optional[Chart]
Chart object.

extra : Dict[str, Any]
Extra info.

Data

NameTypeDescription
dateUnion[date, str]The date of the data.
valuefloatInterest rate (given as a whole number, i.e 10=10%)
countrystrCountry for which interest rate is given