Interest Rates in 2011
% per annum
| January | February | March | April | May | June | July | August | September | October | November | December | |
| Interbank Rate1 | 2.7 | 2.8 | 3.1 | 3.2 | 3.7 | 3.7 | 3.8 | 3.9 | 4.4 | 4.9 | 5.1 | 5.4 |
| GKO Yield of the Bank of Russia obligations2 | — | — | — | — | — | — | — | — | — | — | — | — |
| OBR Yield of the Bank of Russia obligations3 | 3.4 | 3.5 | 3.5 | 3.4 | 3.7 | 3.7 | 3.6 | 3.6 | 3.6 | 3.9 | — | — |
| Deposit Rate4 | 4.5 | 4.4 | 4.2 | 4.1 | 4.1 | 4.2 | 4.0 | 4.1 | 4.0 | 4.5 | 5.5 | 5.7 |
| Deposit Rate4, except demand deposits | 5.4 | 5.3 | 5.2 | 5.1 | 5.1 | 5.1 | 5.0 | 5.1 | 5.1 | 5.6 | 6.6 | 6.9 |
| Loan Rate5 | 8.6 | 8.7 | 8.7 | 8.3 | 8.0 | 8.6 | 7.9 | 7.9 | 8.0 | 8.6 | 8.8 | 9.3 |
| 2011 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q4, 2011 | |
| Interbank Rate1 | 4.0 | 2.9 | 3.6 | 4.1 | 5.1 |
| GKO Yield of the Bank of Russia obligations2 | — | — | — | — | — |
| OBR Yield of the Bank of Russia obligations3 | 3.6 | 3.5 | 3.6 | 3.6 | 3.9 |
| Deposit Rate4 | 4.4 | 4.4 | 4.1 | 4.0 | 5.2 |
| Deposit Rate4, except demand deposits | 5.4 | 5.3 | 5.1 | 5.1 | 6.4 |
| Loan Rate5 | 8.5 | 8.7 | 8.3 | 8.0 | 8.9 |
| 1 Interbank Rate — monthly average rate MIACR on overnight interbank ruble credits. |
| 2 GKO Yield of the Bank of Russia obligations — an average-weighted GKO Yield of the Bank of Russia obligations by volume and term of circulation with a maturity of up to 90 days. |
| 3 OBR Yield of the Bank of Russia obligations — an average-weighted Yield of the Bank of Russia obligations by volume and term of circulation. |
| 4 Deposit rate — an average-weighted rate on household ruble deposits with credit institutions for a term of up to one year. |
| 5 Loan rate — an average-weighted rate on ruble loans to non-financial institutions with a maturity of up to one year. |
| Annual and quarterly rates are calculated as an average of monthly data. |
Updated July 5, 2012.
Was this page useful?
Last updated on: 26.02.2019