Base Interest Rate Up 1.32 Percentage Points Over The Past Year

328
Base Interest Rate Up 1.32 Percentage Points Over The Past Year

Base Interest Rate (BIR) in Bulgaria stood at 4.58% in December 2007, which is 1.32 percentage points up from December 2006, Bulgarian National Bank said.

The average interest rate on interbank deposits in BGN in December 2007 reached 4.87%, 1.35 percentage points up compared to the same month 2006. In December 2007 LEONIA Reference Rate1 was 4.68%, which is 1.25 percentage points above its December 2006 level.

The yield to maturity on BGN long-term government securities on the secondary market rose by 1.01 percentage points y/y to 4.72%. The long-term interest rate stood at 5.08%, or 0.90 percentage points up from a year ago.

The average interest rate on BGN-denominated overdraft and long-term loans of the Non-financial Corporations rose 2.59 percentage points to 9.24%, and 0.88 percentage points to 9.83%, respectively. For short-term loans it decreased 0.25 percentage points to 8.46%.

In December 2007 the interest rate on BGN-denominated overdraft of the Households sector stood at 13.27%. The average interest rate on BGN-denominated long-term loans for house purchases was 7.83%, while those on consumer and other loans rose 0.26 percentage points to 10.18%, and 0.07 percentage points to 12.14%, respectively.

The average interest rate on BGN-denominated overnight deposits of the Non-financial corporations sector in December 2007 stood at 0.62%, and on BGN-denominated time deposits with maturity of up to 1 month at 4.04%.

The average interest rate on BGN-denominated overnight deposits to the Households sector rose 0.11 percentage points last year to 0.93%, while the average interest rate on BGN-denominated time deposits with maturity of up to 1 month increased by 0.71 percentage points to 3.99%. Interest on deposits redeemable at notice reached 2.61%.

Facebook Коментари

Добави коментар

Екипът на Profit.bg Ви благодари, че използвате кирилица за вашите коментари.
В случай, че коментарът Ви съдържа нецензурни квалификации и лични нападки или обиди на расова, сексуална, етническа или верска основа, той ще бъде изтрит от модератора на сайта.

Абонирайте се за електронния
информационен бюлетин на Profit.bg