IntAR98

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.                      
                       

Last Updated on 6/15/99
By bom