The interest rate on housing loans to households at a floating rate or with an initial rate fixation period of up to one year decreased by 17 basis points to 3.22%. The corresponding rate on loans with an initial rate fixation period of more than five years and up to ten years decreased by 5 basis points to 4.50%. The weighted average rate on loans to households for consumption purposes, with an initial rate fixation period of over one and up to five years, decreased by 7 basis points to 6.43% in May 2009.
In the case of loans to non-financial corporations at a floating rate or with an initial rate fixation period of up to one year, the weighted average rate decreased in May by 9 basis points to 3.73%, for loans up to EUR 1 million and decreased by 6 basis points to 2.48%, for loans above EUR 1 million. The weighted average rate on loans to non-financial corporations over EUR 1 million with an initial rate fixation period of more than five years decreased by 6 basis points to 3.95%.
MFI interest rates on outstanding amounts: in May 2009 the weighted average interest rate on outstanding amounts of deposits from households with an agreed maturity of up to two years decreased by 16 basis points to 3.38%. The corresponding rate on deposits with an agreed maturity of over two years decreased by 7 basis points to 3.04%. The weighted average interest rate on outstanding amounts of deposits from non-financial corporations with an agreed maturity of up to two years decreased by 11 basis points to 2.41% in the same month.
In May the weighted average interest rate on outstanding amounts of loans to households for house purchase with over five years’ maturity decreased by 9 basis points to 4.56% and the weighted average interest rate on outstanding amounts of loans to non-financial corporations with over five years’ maturity decreased by 13 basis points to 4.12%.
