Interest Rates in 2002
Interest Rates in 2002
(% per annum) 
 
  Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
Interbank Rate1 10.7 13.3 12.6 9.7 5.2 6.4 13.4 4.9 6.1 6.8 4.1 5.1
GKOs Yield2 13.8 13.0 12.4 14.1 13.5 12.1 12.7 12.4 12.7 11.9 11.3 12.7
OBRs Yield3
Deposit Rate4 4.9  5.2  5.1  5.3  5.4  5.1   5.0

  4.6

4.2 5.2  5.2 4.3
Deposit Rate4, except demand deposits 10.1  10.0  10.7  10.7  11.1  11.1   12.0   10.3 10.5 12.4  12.8 12.0
Credit Rate5 17.9  15.9  15.8  18.3  17.7  15.2   16.0   14.9 13.4 13.7  14.7 15.0


 

  2002 Q1, 2002 Q2, 2002 Q3, 2002 Q4, 2002
Interbank Rate1 8.2 12.2 7.1 8.1 5.3
GKOs Yield2 12.7 13.1 13.2 12.6 12.0
OBRs Yield3
Deposit Rate4 5.0 5.1  5.3 4.6 4.9
Deposit Rate4, except demand deposits 11.1 10.3  11.0 10.9 12.4
Credit Rate5 15.7 16.5  17.1 14.8 14.5

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 24, 2003.


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