Effective interest rates - February 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.
Published on 29 March 2017
  • Effective rates on Individuals new fixed-rate bonds fixed 1-2 years fell by 19 basis points to 0.85%.
  • Effective rates on SMEs new loans increased by 11 basis points to 3.22% this month.
  • Effective rates on Individuals interest charging overdrafts increased 56 basis points to 11.97% in February.

PDF Effective interest rates statistical release - February 2017

Excel Data tables

Further details about these data are available on the National Archives:

The National Archives

View and download more effective interest rates data 

Queries

If you have any comments or queries about this release please email dsd_ir@bankofengland.co.uk.

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