Interest Rates in 2009
% per annum
Jan. | Feb. | Mar. | Apr. | May | June | July | Aug. | Sept. | Oct. | Nov. | Dec. | |
Interbank Rate1 | 16.3 | 9.3 | 8.7 | 8.6 | 7.1 | 6.8 | 6.5 | 6.6 | 7.2 | 5.8 | 5.3 | 5.1 |
GKO Yield of the Bank of Russia obligations2 | — | — | — | — | — | — | — | — | — | — | — | — |
OBR Yield of the Bank of Russia obligations3 | 9.7 | 9.9 | 9.4 | 9.3 | 8.9 | 8.7 | 8.5 | 8.4 | 8.4 | 8.1 | 7.1 | 6.7 |
Deposit Rate4 | 7.4 | 7.8 | 8.3 | 8.9 | 8.9 | 8.5 | 8.8 | 9.1 | 9.1 | 9.2 | 8.8 | 8.2 |
Deposit Rate4, except demand deposits | 9.7 | 10.0 | 10.3 | 10.8 | 10.8 | 10.8 | 10.7 | 10.7 | 10.8 | 10.6 | 10.2 | 9.7 |
Loan Rate5 | 17.1 | 16.6 | 16.1 | 16.0 | 15.9 | 15.6 | 14.9 | 15.2 | 14.7 | 14.1 | 13.8 | 13.7 |
2009 | Q1, 2009 | Q2, 2009 | Q3, 2009 | Q4, 2009 | |
Interbank Rate1 | 7.8 | 11.4 | 7.5 | 6.8 | 5.4 |
GKO Yield of the Bank of Russia obligations2 | — | — | — | — | — |
OBR Yield of the Bank of Russia obligations3 | 8.6 | 9.6 | 9.0 | 8.4 | 7.3 |
Deposit Rate4 | 8.6 | 7.8 | 8.7 | 9.0 | 8.7 |
Deposit Rate4, except demand deposits | 10.4 | 10.0 | 10.8 | 10.7 | 10.2 |
Loan Rate5 | 15.3 | 16.6 | 15.8 | 14.9 | 13.9 |
1 Interbank Rate — an average-weighted rate on overnight interbank ruble credits on the Moscow market. |
2 GKO Yield of the Bank of Russia obligations — an average-weighted GKO Yield of the Bank of Russia obligations by volume and term of circulation with a maturity of up to 90 days. |
3 OBR Yield of the Bank of Russia obligations — an average-weighted Yield of the Bank of Russia obligations by volume and term of circulation. |
4 Deposit rate — an average-weighted rate on household ruble deposits with credit institutions for a term of up to one year. Since April 2006, in accordance with the Bank of Russia Ordinance No |
5 Loan rate — an average-weighted rate on ruble loans to non-financial institutions with a maturity of up to one year. Since April 2006, in accordance with the Bank of Russia Ordinance No |
Annual and quarterly rates are calculated as an average of monthly data. |
Updated February 17, 2010.
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Last updated on: 13.08.2019