Table 22 : Other Interest Rates | |||||||||||
(Per cent per annum) | |||||||||||
Weighted | Weighted | Simple | Weighted | Weighted | Interest | Interest | Interest | Weighted | Weighted | ||
Average | Yield | Average | Average | Average | Rate on | Rate on | Rate on | Average | Average | ||
Yield | to Buyers | Bank | Interbank | Rates | Savings | Term | Loans and | Term | Lending | ||
on Bills | on Bills | Rate | Interest | on BOM | Deposits | Deposits | Advances | Deposits | Rate | ||
Accepted | Sold | Rates | Advances | with Banks | with Banks | by Banks | Rate | ||||
at Primary | by SMC | to Banks | |||||||||
Auctions | |||||||||||
Dec-97 | 8.91 | 8.83 | 8.92 | 8.53 | n.a. | 8.00 | 8.00 - 14.50 | 10.50 - 21.00 | 9.34 | 13.89 | |
Jan-98 | 9.02 | 8.88 | 9.01 | 8.07 | n.a. | 8.00 | 8.00 - 14.00 | 11.00 - 21.00 | 9.20 | 13.72 | |
Feb-98 | 9.03 | 8.90 | 9.02 | 8.39 | n.a. | 8.00 | 8.00 - 14.00 | 11.00 - 21.00 | 9.20 | 13.68 | |
Mar-98 | 9.03 | 8.92 | 9.02 | 8.38 | n.a. | 8.00 | 8.00 - 14.00 | 11.00 - 21.00 | 9.17 | 13.75 | |
Apr-98 | 9.08 | 8.97 | 9.05 | 9.30 | 18.98 | 8.00 | 8.00 - 14.00 | 11.00 - 21.00 | 9.14 | 13.57 | |
May-98 | 9.08 | 8.97 | 9.08 | 8.08 | n.a. | 8.00 | 8.00 - 14.00 | 11.00 - 21.00 | 9.11 | 13.68 | |
Jun-98 | 9.08 | 9.07 | 9.13 | 8.35 | n.a. | 8.00 | 8.00 - 14.00 | 11.00 - 21.00 | 9.11 | 13.71 | |
Jul-98 | 9.52 | 9.14 | 9.22 | 9.06 | n.a. | 8.00 | 8.00 - 14.00 | 11.00 - 21.00 | 9.06 | 13.61 | |
Aug-98 | 9.94 | 9.36 | 9.63 | 9.00 | 30.21 | 8.00 | 8.00 - 14.00 | 10.50 - 21.00 | 9.08 | 13.59 | |
Sep-98 | 10.34 | 9.97 | 10.12 | 8.91 | n.a. | 8.00 | 8.00 - 14.00 | 10.50 - 21.00 | 9.05 | 13.62 | |
Oct-98 | 10.62 | 9.91 | 10.30 | 10.37 | 39.31 | 8.00 | 8.00 - 14.00 | 10.50 - 19.50 | 9.05 | 13.60 | |
Nov-98 | 11.67 | 11.30 | 11.43 | 10.14 | n.a. | 9.00 | 8.00 - 11.50 | 10.00 - 20.50 | 9.32 | 13.74 | |
Dec-98 | 12.58 | 12.40 | 12.49 | 9.82 | 17.19 | 9.00 | 8.12 - 12.00 | 10.00 - 20.50 | 9.77 | 14.02 | |
Jan-99 | 12.84 | 12.54 | 12.76 | 11.09 | 17.95 | 9.00 | 9.00 - 12.00 | 10.00 - 22.50 | 9.74 | 13.92 | |
Feb-99 | 12.73 | 12.43 | 12.71 | 10.28 | n.a. | 9.00 | 9.00 - 12.00 | 10.00 - 22.50 | 9.95 | 14.25 | |
Mar-99 | 12.74 | 12.63 | 12.66 | 9.51 | n.a. | 9.00 | 9.00 - 12.00 | 10.00 - 22.50 | 10.05 | 14.28 | |
Apr-99 | 12.71 | 12.73 | 12.62 | 10.07 | n.a. | 9.00 | 9.00 - 12.00 | 10.00 - 22.50 | 10.08 | 14.21 | |
n.a. : Not Applicable. | |||||||||||