Google Answers Logo
View Question
 
Q: bank interest rates ( Answered 5 out of 5 stars,   0 Comments )
Question  
Subject: bank interest rates
Category: Business and Money > Finance
Asked by: bigbadjohn-ga
List Price: $5.00
Posted: 05 Feb 2004 08:47 PST
Expires: 06 Mar 2004 08:47 PST
Question ID: 303783
u.k.bank interest rates between 1988and 2004
Answer  
Subject: Re: bank interest rates
Answered By: bobbie7-ga on 05 Feb 2004 12:54 PST
Rated:5 out of 5 stars
 
Hello Bigbadjohn,

The UK bank interest rate is currently at 3.75%

Here is the data from 1988 and the present.


1988
Feb	9.00
Mar	8.50-9.00
Mar	8.50
Apr	8,00
May	7.50-8.00
May	7,50
Jun	7.50-8.00
Jun	8.00
Jun	8.00-8.50
Jun	8.50
Jun	8.50-9.00
Jun	9.00
Jun	9.00-9.50
Jun	9.50
Jul	9.50-10.00
Jul	10.00
Jul	10.00-10.50
Jul	10.50
Aug	10.50-11.00
Aug	11.00
Aug	11.00-12.00
Aug	12.00
Nov	13.00

1989	
May    14.00
Oct	15.00

1990
Oct	14.00

1991
Feb	13.50
Feb	13.00
Mar	12.50
Apr	12.00
May	11.50
Jul	11.00
Sep	10.50

1992
May	10.00
Sep	12,00
Sep	10.00-12.00
Sep	10.00
Sep	9,00
Oct	8.00-9.00
Oct	8.00
Nov	7,00

1993
Jan	6,00
Nov	5,50

1994
Feb	5,25
Sep	5,75
Dec	6,25

1995
Feb	6.25-6.75
Feb	6,75
Dec	6,50

1996
Jan	6,25
Mar	6,00
Jun	5,75
Oct	5.75-6.00
Oct	6,00

1997
May	6,25
Jun	6.25-6.50
Jun	6,50
Jul	6,75
Aug	7,00
Nov	7,25

1998
Jun	7,50
Oct	7,25
Nov	6,75
Dec	6,25

1999
Jan	6,00
Feb	5,50
Apr	5,25
Jun	5,00
Sep	5.00-5.25
Sep	5,25
Nov	5,50

2000
Jan	5,75
Feb	6,00

2001
Feb	5,75
Apr	5,50
May	5,25
Aug	5,00
Sep	4,75
Oct	4,50
Nov	4,00

2003
Feb	3,75
Jul	3,5000
Nov	3,7500

The Base Rate is the interest rate set by the Bank of England. 

Source:
Bank of England's Monetary and Financial Statistics Division 

This is an Excel File ? Data take from ?Banks? Base Rates?
http://www.bankofengland.co.uk/mfsd/rates/baserates.xls


Here is a table illustrating the interest rates from 1985 to the present.
UK Bank Base Rates (interest rates)
http://www.watsonwyatt.com/europe/pubs/statistics/render_stats.asp?ID=9597


On page 2 of the Housing Market Report you will find a graph showing
the interest rates from 1988 to the present.

Fig 3: UK interest rates and the RPI (updated Dec 03)
Base rate = Interest rate

Building Societies Commission, Office for National Statistics
& Bank of England
http://www.odpm.gov.uk/stellent/groups/odpm_housing/documents/downloadable/odpm_house_026587.pdf



Search criteria:
Bank of England interest rates 1990
Bank of England base rates 1988


I hope you find this helpful!  If anything is unclear with my answer,
please ask for clarification.


Best wishes,
Bobbie7
bigbadjohn-ga rated this answer:5 out of 5 stars
information recieved is more than i had hoped for, expected annual,
recieved monthly, hence five stars.

Comments  
There are no comments at this time.

Important Disclaimer: Answers and comments provided on Google Answers are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Google does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. Please read carefully the Google Answers Terms of Service.

If you feel that you have found inappropriate content, please let us know by emailing us at answers-support@google.com with the question ID listed above. Thank you.
Search Google Answers for
Google Answers  


Google Home - Answers FAQ - Terms of Service - Privacy Policy