The interest rate on housing loans to households at a floating rate or with an initial rate fixation period of up to one year increased by 10 basis points to 5.77%. The corresponding rate on loans with an initial rate fixation period of more than five years and up to ten years increased by 7 basis points to 5.29%. 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, increased by 7 basis points to 7.22% in August 2008.
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 remained basically unchanged in August, at 6.27%, for loans up to EUR 1 million and remained basically unchanged, at 5.44%, 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 remained basically unchanged at 5.56%.
MFI interest rates on outstanding amounts: in August 2008 the weighted average interest rate on outstanding amounts of deposits from households with an agreed maturity of up to two years increased by 7 basis points to 4.38%. The corresponding rate on deposits with an agreed maturity of over two years remained basically unchanged at 3.09%. The weighted average interest rate on outstanding amounts of deposits from non-financial corporations with an agreed maturity of up to two years increased by 6 basis points to 4.65% in the same month.
In August the weighted average interest rate on outstanding amounts of loans to households for house purchase with over five years’ maturity remained unchanged at 5.11% and the weighted average interest rate on outstanding amounts of loans to non-financial corporations with over five years’ maturity remained basically unchanged at 5.46%.
