Interest Rates in 2010
% per annum
Jan. | Feb. | Mar. | Apr. | May | June | July | Aug. | Sept. | Oct. | Nov. | Dec. | |
Interbank Rate1 | 4.0 | 3.8 | 3.6 | 3.3 | 2.8 | 2.6 | 2.6 | 2.6 | 2.6 | 2.7 | 3.2 | 3.0 |
GKO Yield of the Bank of Russia obligations2 | — | — | — | — | — | — | — | — | — | — | — | — |
OBR Yield of the Bank of Russia obligations3 | 5.7 | 5.5 | 4.7 | 4.4 | 4.4 | 4.0 | 4.0 | 3.8 | 3.7 | 3.7 | 3.7 | 3.7 |
Deposit Rate4 | 8.1 | 7.4 | 6.9 | 6.7 | 6.2 | 5.8 | 5.6 | 5.4 | 5.1 | 5.0 | 5.0 | 4.9 |
Deposit Rate4, except demand deposits | 9.1 | 8.4 | 7.9 | 7.6 | 7.0 | 6.6 | 6.4 | 6.1 | 5.7 | 5.6 | 5.6 | 5.5 |
Loan Rate5 | 13.9 | 12.7 | 11.8 | 11.4 | 11.3 | 11.4 | 10.5 | 10.0 | 9.7 | 8.9 | 9.1 | 9.1 |
2010 | Q1, 2010 | Q2, 2010 | Q3, 2010 | Q4, 2010 | |
Interbank Rate1 | 3.1 | 3.8 | 2.9 | 2.6 | 3.0 |
GKO Yield of the Bank of Russia obligations2 | — | — | — | — | — |
OBR Yield of the Bank of Russia obligations3 | 4.3 | 5.3 | 4.2 | 3.8 | 3.7 |
Deposit Rate4 | 6.0 | 7.4 | 6.2 | 5.4 | 5.0 |
Deposit Rate4, except demand deposits | 6.8 | 8.5 | 7.1 | 6.0 | 5.6 |
Loan Rate5 | 10.8 | 12.8 | 11.4 | 10.0 | 9.1 |
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. |
5 Loan rate — an average-weighted rate on ruble loans to non-financial institutions with a maturity of up to one year. |
Annual and quarterly rates are calculated as an average of monthly data. |
Updated February 15, 2011.
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Last updated on: 26.02.2019