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Average MFI interest rates on non-MFI loans and deposits
Period
New business on MFI loans
MFI loans, stock
MFI deposits, stock
2023
October
5.56
4.40
1.26
September
5.49
4.30
1.23
August
5.46
4.18
1.15
July
5.36
4.04
1.07
June
5.20
3.88
1.05
May
5.02
3.61
0.88
April
4.87
3.39
0.84
March
4.72
3.17
0.80
February
4.54
2.92
0.66
January
4.31
2.72
0.56
2022
December
4.00
2.52
0.45
November
3.88
2.18
0.34
October
3.74
1.96
0.23
September
3.35
1.71
0.14
August
2.90
1.47
0.06
July
3.07
1.37
0.04
June
2.53
1.30
-0.01
May
2.95
1.24
-0.01
April
2.86
1.21
-0.01
March
2.63
1.20
-0.01
February
2.86
1.20
-0.02
January
2.92
1.20
-0.01
2021
December
2.06
1.20
-0.02
November
2.66
1.22
-0.01
October
2.71
1.22
-0.01
September
2.71
1.23
-0.01
August
2.79
1.23
-0.01
July
2.73
1.24
0.00
June
2.43
1.24
0.00
May
2.63
1.24
0.00
April
2.77
1.25
0.01
March
2.64
1.26
0.01
February
2.85
1.27
0.01
January
2.85
1.26
0.01
2020
December
2.48
1.27
0.02
November
2.57
1.28
0.02
October
2.55
1.29
0.03
September
2.64
1.30
0.03
August
2.68
1.30
0.04
July
2.67
1.30
0.04
June
2.58
1.31
0.04
May
2.56
1.31
0.06
April
2.10
1.31
0.06
March
2.37
1.31
0.06
February
2.79
1.32
0.07
January
2.62
1.33
0.07
2019
December
2.64
1.34
0.09
November
2.61
1.34
0.09
October
2.65
1.35
0.09
September
2.64
1.35
0.10
August
2.72
1.36
0.10
July
2.66
1.37
0.10
June
2.60
1.37
0.10
May
2.64
1.37
0.10
April
2.68
1.37
0.11
March
2.62
1.37
0.11
February
2.70
1.37
0.11
January
2.73
1.38
0.10
2018
December
2.64
1.38
0.10
November
2.64
1.39
0.11
October
2.61
1.39
0.11
September
2.74
1.39
0.11
August
2.70
1.39
0.11
July
2.74
1.39
0.11
June
2.51
1.40
0.11
May
2.53
1.40
0.11
April
2.71
1.41
0.11
March
2.71
1.41
0.11
February
2.80
1.42
0.11
January
2.82
1.42
0.11
Report updated 30 Nov 2023