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Date Quarterly average of official Bank Rate
[a] [b]
IUQABEDR
End quarter official Bank Rate
[a] [b]
IUQLBEDR
31 Mar 75 10.2632 10
30 Jun 75 9.9609 10
30 Sep 75 10.7077 11
31 Dec 75 11.7383 11.25
31 Mar 76 9.8164 9
30 Jun 76 10.5726 11.5
30 Sep 76 11.8231 13
31 Dec 76 14.7227 14.25
31 Mar 77 12.2302 9.5
30 Jun 77 8.3893 8
30 Sep 77 7.2462 6
31 Dec 77 5.8492 7
31 Mar 78 6.5323 6.5
30 Jun 78 8.5675 10
30 Sep 78 10 10
31 Dec 78 11.3889 12.5
31 Mar 79 13.0234 13
30 Jun 79 12.4754 14
30 Sep 79 14 14
31 Dec 79 15.4531 17
31 Mar 80 17 17
30 Jun 80 17 17
30 Sep 80 16.0308 16
31 Dec 80 15.2188 14
31 Mar 81 13.5238 12
30 Jun 81 12 12
30 Sep 81 12.5254 14
31 Dec 81 14.6113 14.375
31 Mar 82 13.7758 13.25
30 Jun 82 13.002 12.625
30 Sep 82 11.3538 10.125
31 Dec 82 9.6758 10
31 Mar 83 10.8145 10.5625
30 Jun 83 10.0051 9.5625
30 Sep 83 9.5606 9.5625
31 Dec 83 9.0625 9.0625
31 Mar 84 8.9414 8.5625
30 Jun 84 8.8545 8.875
30 Sep 84 10.9023 10.5
31 Dec 84 9.9844 9.5
31 Mar 85 12.9226 12.875
30 Jun 85 12.4734 12.375
30 Sep 85 11.5827 11.375
31 Dec 85 11.375 11.375
31 Mar 86 12.1127 11.375
30 Jun 86 10.3353 9.875
30 Sep 86 9.875 9.875
31 Dec 86 10.7188 10.875
31 Mar 87 10.6607 9.875
30 Jun 87 9.2111 8.875
30 Sep 87 9.475 9.875
31 Dec 87 9.0391 8.375
31 Mar 88 8.6328 8.375
30 Jun 88 7.9652 8.875
30 Sep 88 10.9058 11.875
31 Dec 88 12.256 12.875
31 Mar 89 12.875 12.875
30 Jun 89 13.2361 13.75
30 Sep 89 13.7607 13.75
31 Dec 89 14.8036 14.875
31 Mar 90 14.875 14.875
30 Jun 90 14.875 14.875
30 Sep 90 14.875 14.875
31 Dec 90 13.9531 13.875
31 Mar 91 13.3992 12.375
30 Jun 91 11.7379 11.375
30 Sep 91 10.7981 10.375
31 Dec 91 10.375 10.375
31 Mar 92 10.375 10.375
30 Jun 92 10.0471 9.875
30 Sep 92 9.7673 8.875
31 Dec 92 7.5313 6.875
31 Mar 93 6.129 5.875
30 Jun 93 5.875 5.875
30 Sep 93 5.875 5.875
31 Dec 93 5.6641 5.375
31 Mar 94 5.2242 5.125
30 Jun 94 5.125 5.125
30 Sep 94 5.2404 5.625
31 Dec 94 5.752 6.125
31 Mar 95 6.4531 6.625
30 Jun 95 6.625 6.625
30 Sep 95 6.625 6.625
31 Dec 95 6.5813 6.375
31 Mar 96 6.125 5.9375
30 Jun 96 5.8678 5.6875
30 Sep 96 5.6875 5.6875
31 Dec 96 5.8555 5.9375
31 Mar 97 5.9375 5.9375
30 Jun 97 6.1984 6.5
30 Sep 97 6.8692 7
31 Dec 97 7.1484 7.25
31 Mar 98 7.25 7.25
30 Jun 98 7.3279 7.5
30 Sep 98 7.5 7.5
31 Dec 98 6.8555 6.25
31 Mar 99 5.6944 5.5
30 Jun 99 5.2008 5
30 Sep 99 5.0654 5.25
31 Dec 99 5.4048 5.5
31 Mar 00 5.8672 6
30 Jun 00 6 6
30 Sep 00 6 6
31 Dec 00 6 6
31 Mar 01 5.8555 5.75
30 Jun 01 5.3648 5.25
30 Sep 01 5.0547 4.75
31 Dec 01 4.2305 4
31 Mar 02 4 4
30 Jun 02 4 4
30 Sep 02 4 4
31 Dec 02 4 4
31 Mar 03 3.8492 3.75
30 Jun 03 3.75 3.75
30 Sep 03 3.5269 3.5
31 Dec 03 3.6484 3.75
31 Mar 04 3.9063 4
30 Jun 04 4.2213 4.5
30 Sep 04 4.6538 4.75
31 Dec 04 4.75 4.75
31 Mar 05 4.75 4.75
30 Jun 05 4.75 4.75
30 Sep 05 4.5923 4.5
31 Dec 05 4.5 4.5
31 Mar 06 4.5 4.5
30 Jun 06 4.5 4.5
30 Sep 06 4.6602 4.75
31 Dec 06 4.8889 5
31 Mar 07 5.2227 5.25
30 Jun 07 5.3975 5.5
30 Sep 07 5.7383 5.75
31 Dec 07 5.6875 5.5
31 Mar 08 5.3548 5.25
30 Jun 08 5.0278 5
30 Sep 08 5 5
31 Dec 08 3.3672 2
31 Mar 09 1.0714 0.5
30 Jun 09 0.5 0.5
30 Sep 09 0.5 0.5
31 Dec 09 0.5 0.5
31 Mar 10 0.5 0.5
30 Jun 10 0.5 0.5
30 Sep 10 0.5 0.5
31 Dec 10 0.5 0.5
31 Mar 11 0.5 0.5
30 Jun 11 0.5 0.5
30 Sep 11 0.5 0.5
31 Dec 11 0.5 0.5
31 Mar 12 0.5 0.5
30 Jun 12 0.5 0.5
30 Sep 12 0.5 0.5
31 Dec 12 0.5 0.5
31 Mar 13 0.5 0.5
30 Jun 13 0.5 0.5
30 Sep 13 0.5 0.5
31 Dec 13 0.5 0.5
31 Mar 14 0.5 0.5
30 Jun 14 0.5 0.5
30 Sep 14 0.5 0.5
31 Dec 14 0.5 0.5
31 Mar 15 0.5 0.5
30 Jun 15 0.5 0.5
30 Sep 15 0.5 0.5
31 Dec 15 0.5 0.5
31 Mar 16 0.5 0.5
30 Jun 16 0.5 0.5
30 Sep 16 0.3423 0.25
31 Dec 16 0.25 0.25
31 Mar 17 0.25 0.25
30 Jun 17 0.25 0.25
30 Sep 17 0.25 0.25
31 Dec 17 0.4087 0.5
31 Mar 18 0.5 0.5
30 Jun 18 0.5 0.5
30 Sep 18 0.6602 0.75
31 Dec 18 0.75 0.75
31 Mar 19 0.75 0.75
30 Jun 19 0.75 0.75
30 Sep 19 0.75 0.75
31 Dec 19 0.75 0.75
31 Mar 20 0.6117 0.1
30 Jun 20 0.1 0.1
30 Sep 20 0.1 0.1
31 Dec 20 0.1 0.1
31 Mar 21 0.1 0.1
30 Jun 21 0.1 0.1
30 Sep 21 0.1 0.1
31 Dec 21 0.1234 0.25
31 Mar 22 0.4563 0.75
30 Jun 22 0.9583 1.25
30 Sep 22 1.6172 2.25
31 Dec 22 2.8056 3.5
31 Mar 23 3.8555 4.25

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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".