Interest Rates in 2003
Interest Rates in 2003
(% per annum) 
 
  Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
Interbank Rate1 7.3 2.5 2.8 2.0 1.3 1.4 4.1 3.9 9.9 5.2 3.4 1.4
GKOs Yield2 10.3 6.9 5.9 5.1 5.1 3.8 3.9 3.8 5.3 4.8 4.6
OBRs Yield3  
Deposit Rate4 4.4 4.6 4.3  4.6 4.7 4.6 5.0 4.4 4.0 4.3 4.4 4.4
Deposit Rate4, except demand deposits 12.1 11.9 11.2  10.9 10.8 11.0 11.1 10.6 9.8 10.4 10.4 11.0
Credit Rate5 14.5 14.1 13.3  15.7 12.5 11.8 11.9 11.8 13.2 12.5 12.0 12.4


 

  2003 Q1, 2003 Q2, 2003 Q3, 2003 Q4, 2003
Interbank Rate1 3.8 4.2 1.6 6.0 3.3
GKOs Yield2 5.4 7.7 4.7 4.3 4.7
OBRs Yield3
Deposit Rate4 4.5 4.4 4.6 4.5 4.4
Deposit Rate4, except demand deposits 10.9 11.7 10.9 10.5 10.6
Credit Rate5 13.0 14.0 13.3 12.3 12.3

1 Interbank Rate - an average-weighted rate on overnight interbank credits in the Moscow market.
2 GKOs Yield  - an average-weighted GKOs yield by volume and terms of circulation with maturities of up to 90 days.
3 OBRs Yield - an average-weighted by volume and terms of circulation.
4 Deposit Rate - an average-weighted rate on ruble deposits of private individuals in credit institutions  (including Sberbank) for a term of up to one year.
5 Credit Rate - an average-weighted rate on legal entities' ruble credits in credit institutions (including Sberbank) for a term of up to one year.
Annual and quarterly rates are calculated as an average of monthly data.

Updated March 22, 2004.


1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006




Address:12 Neglinnaya Street, Moscow, 107016 Russia; tel.: (495) 771 91 00; fax: 621 64 65; E-mail: webmaster@www.cbr.ru
Copyright © 2000-2006 Bank of Russia
Rambler's Top100 Rambler's Top100