Key points
Commentary on this data is now incorporated into the Money and Credit Statistical release to facilitate analysis
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 | ||
2019 | Dec | 0.48 | 0.95 | 6.85 | 2.36 | 0.97 | 7.14 | 1.88 |
2020 | Jan | 0.46 | 0.95 | 6.86 | 2.36 | 1.05 | 7.03 | 1.85 |
| Feb | 0.46 | 0.94 | 6.87 | 2.36 | 1.04 | 6.90 | 1.81 |
| Mar | 0.45 | 0.94 | 6.80 | 2.32 | 1.13 | 6.43 | 1.83 |
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 | ||
2019 | Dec | 0.43 | 0.85 | 3.28 | 0.68 | 2.54 |
2020 | Jan | 0.43 | 0.84 | 3.29 | 0.65 | 2.68 |
| Feb | 0.41 | 0.83 | 3.30 | 0.65 | 2.56 |
Mar | 0.32 | 0.71 | 3.21 | 0.39 | 2.36 |