Limitations on lending to the government.

Average of the following components: Direct credit: not automatic, Direct credit: market for lending, Who decides financing conditions to government, Beneficiaries of central bank lending, Direct credit: type of limit, Direct credit: maturity of loans, Direct credit: interest rates, Prohibition from buying government securities in primary market.

The index ranges from 0 to 1 where 0 corresponds to the lowest level of independence to 1, the highest level.