Interest Rates
|
1999 |
2000 |
2001 |
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| Type of Rate | Jun | Sep | Dec | Mar | Jun | Sep | Dec | Mar | Jun | Sep | Dec |
| A. Domestic Currency | |||||||||||
|
1. Interbank Cash Market Rates |
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|
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: |
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|
35 days |
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|
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 |
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|
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 |
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|
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 |
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|
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: |
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|
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 |
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