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Home > Statistics > Effective interest rates - January 2017
 

Effective interest rates - January 2017

01 March 2017

This statistical release contains average interest rates across deposit or loan accounts with UK banks and building societies, calculated using data on rates and balances reported to us on statistical form ER.

  • Effective rates on individuals’ new other loans fixed 1-5 years decreased by 30 basis points to 7.27%.
  • Effective rates on individuals’ new secured lending decreased by 11 basis points to 2.03%.
  • Effective rates on individuals’ overdrafts increased by 34 basis points to 11.41%.

 

Effective Interest Rates - January 2017

Tables A and B

Revisions to tables

Further details about these data

Selected series and splits of the data are also available in Bankstats tables G1.4 and
  G1.5.

If you have any queries with regard to this release please email us.

Pre-release access

The following are given pre-release access to this release and related documents in their final form within 1 working day.

​Access granted to Organisation​​
​Press Office ​Bank of England
​Economist, Assets Interventions and Markets, Debt and Reserves Management ​HM Treasury
​Economic Adviser, Debt and Reserves Management ​HM Treasury
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 ​Next release date

 

​29 March 2017