Quoted rates are weighted average rates for a range of products offered to households. The headline rates advertised by a sample of banks and building societies are collected, and weighted together using the monthly balances or new business amounts which are reported to the Bank of England in statistical returns.
Additional detail
Quoted rates are published monthly on the Interactive Database, firstly as provisional data on the 7th working day of the following month, and subsequently as final data on the 21st working day of the month, on the Interactive Database and in Bankstats table G1.3.
Interactive Database
Further background information is available in Explanatory Notes
Explanatory Notes
Queries
If you have any queries with regard to this release please contact us.
From January 2016, Quoted Rates provisional data will be published on the 5th working day of the month. Next release date is therefore 8 January 2016.