- Effective rates on new time deposits by individuals have increased by 14bps from 0.97% to 1.11% (Table A).
- Effective rates on new PNFC loans have decreased by 14bps from 2.79% to 2.65% (Table B).
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 | |||
Z6IQ | Z6IW | Z6KO | Z6K6 | Z6IH | Z6K5 | Z6JM | |||
2017 | Dec | 0.46 | 0.89 | 7.07 | 2.55 | 1.01 | 7.96 | 2.01 | |
2018 | Jan | 0.45 | 0.90 | 7.10 | 2.53 | 1.02 | 7.60 | 1.96 | |
Feb | 0.46 | 0.90 | 7.00 | 2.51 | 0.97 | 7.37 | 2.02 | ||
Mar | 0.46 | 0.90 | 6.98 | 2.51 | 1.11 | 7.37 | 2.04 |
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 | |||
HSCT | HSCU | HSDC | BJ72 | BJ82 | |||
2017 | Dec | 0.26 | 0.50 | 2.96 | 0.48 | 2.61 | |
2018 | Jan | 0.29 | 0.57 | 3.05 | 0.46 | 2.67 | |
Feb | 0.28 | 0.56 | 3.06 | 0.46 | 2.79 | ||
Mar | 0.26 | 0.58 | 3.09 | 0.50 | 2.65 |