Interest Rates in 2008
% per annum
Jan. | Feb. | Mar. | Apr. | May | June | July | Aug. | Sep. | Oct. | Nov. | Dec. | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Interbank Rate1 | 2.8 | 4.3 | 4.3 | 4.2 | 3.7 | 3.7 | 4.4 | 5.8 | 7.1 | 7.6 | 9.5 | 8.3 |
GKO Yield of the Bank of Russia obligations2 | — | — | — | — | — | — | — | — | — | — | — | — |
OBR Yield of the Bank of Russia obligations3 | 4.7 | 5.1 | 5.1 | 5.2 | 4.9 | 5.3 | 5.6 | 5.9 | 6.2 | 6.5 | 7.2 | 8.7 |
Deposit Rate4 | 5.4 | 5.1 | 5.4 | 5.3 | 5.2 | 5.6 | 5.4 | 5.8 | 5.9 | 6.2 | 6.8 | 7.0 |
Deposit Rate4, except demand deposits | 7.0 | 6.9 | 7.0 | 7.1 | 6.9 | 7.4 | 7.4 | 7.4 | 7.6 | 8.4 | 8.9 | 9.7 |
Loan Rate5 | 10.4 | 11.0 | 11.3 | 11.2 | 11.0 | 11.3 | 11.4 | 11.8 | 12.7 | 14.1 | 15.0 | 15.5 |
2008 | Q1, 2008 | Q2, 2008 | Q3, 2008 | Q4, 2008 | |
---|---|---|---|---|---|
Interbank Rate1 | 5.5 | 3.8 | 3.9 | 5.7 | 8.4 |
GKO Yield of the Bank of Russia obligations2 | — | — | — | — | — |
OBR Yield of the Bank of Russia obligations3 | 5.9 | 5.0 | 5.2 | 5.9 | 7.5 |
Deposit Rate4 | 5.8 | 5.3 | 5.4 | 5.7 | 6.7 |
Deposit Rate4, except demand deposits | 7.6 | 7.0 | 7.1 | 7.5 | 9.0 |
Loan Rate5 | 12.2 | 10.9 | 11.2 | 12.0 | 14.9 |
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 January 25, 2009. |
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Last updated on: 13.08.2019