Effective interest rates - June 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 31 July 2017
  • Effective rates on Individuals new ‘other loans’ (fixed 1-5 years) have increased by 21bps to 7.89%.
  • Effective rates on Individuals new fixed-rate bonds have increased. The 1-2 year fixed-rate bond has increased 16bps to 1.15%, and the >2 years has increased by 13bps to 1.48%.
  • Effective rates on Individuals outstanding fixed-rate mortgages have decreased 3bps to 2.57%, continuing their downward trend.

PDF Effective interest rates statistical release - June 2017

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