IUAABEDR

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Date Annual average of official Bank Rate
[a] [b]
IUAABEDR
31 Dec 10 0.5
31 Dec 11 0.5
31 Dec 12 0.5
31 Dec 13 0.5
31 Dec 14 0.5
31 Dec 15 0.5
31 Dec 16 0.3972
31 Dec 17 0.2897
31 Dec 18 0.6038
31 Dec 19 0.75
31 Dec 20 0.2289
31 Dec 21 0.1059
31 Dec 22 1.466
31 Dec 23 4.6823

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Notes:

[a] Prior to May 2012 the Official Bank rate was published to two decimal places but has since been changed to four decimal places for consistency.

[b] On the 16th September 1992, the UK leaves the European Exchange Rate Mechanism. The minimum lending rate was raised to 12%, and planned to be raised to 15% (with effect from 17th September 1992; but never implemented). Please see: http://www.bankofengland.co.uk/archive/Documents/historicpubs/qb/1992/qb92q4382398.pdf for further explanation of changes implement to the minimum lending rate on "Black Wednesday".