Key points
Commentary on this data is now incorporated into the Money and Credit statistical release to facilitate analysis.
Table A: Effective interest rates paid/received on individual's balances by UK MFIs (excluding central bank)
Per cent
Not seasonally adjusted
Outstanding | New business | |||||||
Sight deposits | Time deposits | Other loans | Secured loans | Time deposits | Other loans | Secured loans | ||
2020 | Apr | 0.41 | 0.90 | 6.73 | 2.20 | 0.98 | 5.44 | 1.75 |
| May | 0.29 | 0.73 | 6.68 | 2.16 | 0.87 | 5.10 | 1.74 |
| Jun | 0.26 | 0.64 | 6.71 | 2.16 | 0.73 | 4.42 | 1.77 |
| Jul | 0.21 | 0.60 | 6.62 | 2.15 | 0.56 | 4.64 | 1.73 |
Table B: Effective interest rates paid/received on PNFC balances by UK MFIs (excluding central bank)
Per cent
Not seasonally adjusted
Outstanding | New business | |||||
---|---|---|---|---|---|---|
Sight deposits | Time deposits | Loans | Time deposits | Loans | ||
2020 | Apr | 0.26 | 0.56 | 2.98 | 0.37 | 2.26 |
| May | 0.23 | 0.52 | 2.86 | 0.27 | 1.05 |
| Jun | 0.13 | 0.44 | 2.79 | 0.17 | 1.34 |
Jul | 0.09 | 0.36 | 2.66 | 0.18 | 1.74 |