Interest Rates

 

1999

2000

2001

Type of Rate Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec
A. Domestic Currency                      

1. Interbank Cash Market Rates

                     

Overnight:

4.6 4.6 4.4 4.4 3.4  3.0 2.9 3.3 2.0 1.4 2.4

2 to 7 days

7.6 5.4 4.4 4.5 3.5 3.5 2.8 3.2 2.2 1.7 2.5
 8 to 14 days 7.0 6.0 6.6 10.0 6.0 3.9 3.2 3.5 4.0 2.5 3.3
15 to 30 days 6.7 12.5 12.8 14.6 6.7 6.0 4.1 4.5 4.5 4.5 3.5

31 to 60 days

      12.0 7.0 9.0 4.5 4.7 4.7 4.5 3.8
 61 to 90 days       15.0 12.0 8.9 5.5 5.5 5.5 5.5 5.5

91 to 180 days

8.4 8.4 8.4 8.4 12.5 9.0 7.2 5.3 6.5 5.5 4.3
 181 and above 10.2-12.3 10.2-12.3 10.2-12.3 10.2-12.3 10.2-12.3 9.3-12.3 10-12.3 6.8 7.5 8.0 4.5
181 to 365 days 10.2 10.2 10.2 10.2 10.2 10.2 10.2     10.2  

366 to 730 days

12.3 12.3 12.3 12.3 12.3 12.3 12.3     12.3  
Overall interbank cash market rate 7.2 4.8 4.6 5.1 3.8 7.2 3.2 3.3 2.1 1.6 2.5

2. REPO Rates

5.4 4.3 4.5 3.9 3.8 4.4 4.4 2.7 3.4 3.0 2.9

3. Treasury Bills Rates:

                     

35 days

                     

91 days

6.2 12.6 15.2 14.3 7.3 6.2 4.9 4.4 4.2 4.4 3.7

182 days

6.6 13.2 15.5 15.4 7.8 7.3 6.0 5.2 4.8 4.9 3.9

364 days

9.4 14.4 16.3 16.5 10.3 9.0 6.4 6.6 5.1 5.7 4.6
Overall Treasury Bills Rate 7.0 13.2 15.5 15.1 8.4 7.6 5.7 5.3 4.6 4.9 3.9

4. Treasury Bonds

      16.5 11.5 10.1 6.9 6.6 6.5 5.8 4.7

5. Discount Rate

12.2 18.0 20.2 20.1 13.1 13.1 10.7 10.3 9.8 10.3 8.7
                       

6. Savings Deposit Rate

7.4 7.4 7.1 7.2 7.1 6.2 4.9 4.3 4.2 4.0 3.8

7. Time Deposit Rates:

7.9 7.6 7.2 8.3 7.1 6.9 5.8 5.3 4.9 4.4 4.0

Call Accounts

    2.2 3.2 2.9 2.5 1.9 1.9 1.8 1.5 1.4

1 Month

6.6 5.6 5.8 8.4 5.6 4.6 6.5 5.5 5.0 3.2 2.9

2 Months

7.5 6.5 7.1 7.3 6.9 6.6 5.2 4.5 4.7 5.3 3.6
 3 Months 7.6 8.0 8.7 9.5 7.6 7.4 5.3 5.3 4.7 5.3 3.6
6 Months 8.3 8.5 9.0 11.2 9.1 9.3 5.9 6.2 5.7 4.5 4.7

9 Months

                     

12 Months

9.7 9.6 10.2 11.0 10.1 10.4 8.6 7.4 6.7 6.4 6.0

24 Months

7.7 7.4 7.8 7.8 7.5 7.4 7.4 6.7 6.0 6.1 6.2

8. Lending Rates:

24.5 22.6 22.7 24.6 22.1 23.2 23.1 21.0 19.8 19.2 18.5
Call Loans 26.0 26.0 26.0 24.0 24.0 24.0 18.3 18.3 18.3 18.3 18.3

Short-term (up to 1 yr)

21.4 20.2 20.4 20.3 19.0 20.9 21.6 21.4 20.9 18.7 15.0

Medium-term (1-2 yrs)

20.4 20.2 20.5 20.3 19.7 19.9 19.3 17.8 17.5 16.5 17.0

Medium-term (2-3 yrs)

22.4 20.8 21.1 21.3 21.0 20.8 20.3 16.7 15.0 18.0 18.1

Long-term (3-5 yrs)

24.1 21.7 20.1 24.0 20.1 20.6 21.2 19.3 18.1 16.7 15.8

Term-Loans (Over 5 yrs)

34.1 29.9 31.5 37.0 30.6 33.6 33.0 30.0 27.7 26.1 26.5

B. Foreign Currency

                     

1. Deposit Rates:

3.1 3.3 3.0 3.4 3.3 3.5 3.4 3.2 2.6 2.9 2.0
Call accounts 3.4 3.3 3.1 2.3 2.5 2.0 2.1 2.0 1.1 2.1 0.6

Demand Deposits

                     

Savings Deposits

2.7 2.9 0.7 3.0 3.4 3.6 3.7 3.1 3.0 2.4 2.2

Time Deposits:

                     

1-Month

3.0 3.3 3.4 3.8 3.2 3.6 3.3 2.6 2.1 3.0 2.1
2-Months 3.0 3.0 4.3 3.7 3.3 3.6 4.7 3.4 1.6 2.9 1.9

3-Months

3.1 3.5 3.4 3.4 3.5 3.6 3.0 3.3 2.2 2.9 1.7

6-Months

3.5 4.1 3.5 3.8 3.4 4.2 3.6 3.3 3.6 3.7 2.8

12-Months

3.1 3.2 2.8 3.8 3.9 4.1 3.6 4.4 4.5 3.5 2.7
2. Lending Rates: 8.6 10.3 12.1 10.6 10.2 10.2 10.1 9.6 10.2 9.3 9.2
Call Loans                      

Short-term (up to 1 yr)

8.6 9.2 12.5 10.4 9.6 9.6 9.7 10.1 9.8 8.6 7.3

Medium-term (1-2 yrs)

8.0 12.2 12.5 12.4 10.9 10.8 10.4 10.4 12.4 11.1 10.8

Medium-term (2-3 yrs)

11.5 12.5 12.3 12.3 12.5 12.3 12.3 11.6 11.1 11.0 12.0

Long-term (3-5 yrs)

6.3 7.4 7.4 7.4 7.9 7.9 7.9 6.4 7.6 6.5 5.8

Term-Loans (Over 5 yrs)

16.2

* - Weighted Average Interest Rates of Commercial Banks End of Period (Percentage per annum)