Base interest rate

The basic interest rate (BIR) is determined on the basis of the average annual yield achieved at the primary market for three-month government securities. The nominal BIR for the period is calculated as average weighted by the number of days for which it is in force.

nom avp, %

- Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2011 0.18 0.19 0.18 0.19 0.21 - - - - - - -
2010 0.39 0.24 0.18 0.17 0.18 0.20 0.18 0.17 0.17 0.17 0.17 0.18
2009 5.17 3.92 3.49 3.53 2.27 2.35 2.24 1.71 1.57 1.46 0.61 0.55
2008 4.68 4.75 4.83 4.85 4.93 4.96 5.06 5.25 5.23 5.38 5.72 5.77
2007 3.43 3.53 3.52 3.68 3.81 3.84 4.01 4.10 4.09 4.24 4.26 4.58
2006 2.21 2.25 2.28 2.48 2.57 2.56 2.69 2.80 2.94 2.98 3.19 3.26
2005 2.39 1.89 1.91 1.95 2.03 2.06 2.04 2.04 2.04 2.04 2.04 2.05
2004 2.79 2.49 2.41 2.55 2.83 3.78 2.44 2.43 2.40 2.40 2.42 2.36
2003 3.23 2.50 2.53 2.57 2.95 2.89 2.52 2.53 2.57 2.59 2.60 2.67
2002 4.78 4.58 4.45 4.10 3.92 3.74 3.67 3.77 3.75 3.71 3.71 3.35
2001 4.42 4.10 4.16 4.28 4.43 4.47 4.51 4.68 4.72 4.64 4.68 4.67
2000 4.23 3.37 3.30 3.61 3.54 3.71 3.69 3.56 3.91 4.12 4.54 4.62
1999 5.08 4.97 4.86 4.72 4.50 4.45 4.78 4.77 4.70 4.44 4.46 4.46
1998 6.40 5.76 5.37 5.41 5.24 5.16 5.20 5.15 5.09 5.14 5.21 5.03
1997 182.32 198.00 216.00 160.74 60.45 36.06 7.82 5.64 6.14 5.47 5.39 6.79
1996 34.00 40.90 47.87 52.00 96.10 108.00 108.00 108.00 152.80 272.90 186.00 180.00