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 18 basis points to 5.66%. The corresponding rate on loans with an initial rate fixation period of more than five years and up to ten years increased by 13 basis points to 5.21%. 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 21 basis points to 7.15% in July 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 increased in July by 10 basis points, to 6.26%, for loans up to EUR 1 million and increased by 9 basis points, to 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 5.51%.
MFI interest rates on outstanding amounts: in July 2008 the weighted average interest rate on outstanding amounts of deposits from households with an agreed maturity of up to two years increased by 11 basis points to 4.31%. The corresponding rate on deposits with an agreed maturity of over two years remained basically unchanged at 3.06%. 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 11 basis points to 4.58% in the same month.
In July the weighted average interest rate on outstanding amounts of loans to households for house purchase with over five years’ maturity increased by 4 basis points to 5.11% and the weighted average interest rate on outstanding amounts of loans to non-financial corporations with over five years’maturity increased by 5 basis points to 5.44%.
