FACTBOX-Global interest rates in 2009

Fri Feb 6, 2009 10:16am GMT

 (corrects Danish rate)
 LONDON, Feb 6 (Reuters) - The Bank of England cut its main interest rate by
50 basis points on Feb. 5 to 1.0 percent.
 As a result, the average rate set by central banks of the Group of Seven
nations fell to 0.85 percent from 0.95 percent, while the average rate set by 11
leading central banks -- the five that decide monetary policy for the G7 nations
plus six other major banks -- fell to 1.73 percent from 1.77 percent.
 For interest rate changes in 2008 please double click on [ID:nL2303706]
 For interest rate changes in 2007 please double click on [ID:nL0860845]
 The following table of average rates is aimed at reflecting the movement of
official policy rates during the economic cycle rather than actual borrowing
costs.
                  2009
 MONTH: END07..END08..01...02...03...04...05...06...07...08...09...10...11...12
 ------------------------------------------------------------------------------
 G7 AVG: 3.70  1.25  0.95 0.85  -    -    -    -    -    -    -    -    -    - 
 11 AVG: 4.52  2.25  1.91 1.73  -    -    -    -    -    -    -    -    -    - 
 ------------------------------------------------------------------------------
 FED     4.25 0/0.25   -    -   -    -    -    -    -    -    -    -    -    - 
 BOJ 1)  0.50  0.10    -    -   -    -    -    -    -    -    -    -    -    - 
 ECB     4.00  2.50  2.00   -   -    -    -    -    -    -    -    -    -    - 
 BOE     5.50  2.00  1.50  1.0  -    -    -    -    -    -    -    -    -    - 
 BOC     4.25  1.50  1.00   -   -    -    -    -    -    -    -    -    -    - 
 ------------------------------------------------------------------------------
 SNB 2)  2.75  0.50    -    -   -    -    -    -    -    -    -    -    -    - 
 RBA     6.75  4.25    -   3.25 -    -    -    -    -    -    -    -    -    - 
 RBNZ    8.25  5.00   3.5   -   -    -    -    -    -    -    -    -    -    - 
 RIKSBK  4.00  2.00    -    -   -    -    -    -    -    -    -    -    -    - 
 NORWAY  5.25  3.00    -   2.5  -    -    -    -    -    -    -    -    -    - 
 DENMARK 4.25  3.75   3.0   -   -    -    -    -    -    -    -    -    -    - 
 ------------------------------------------------------------------------------
 NO. OF RATE
 CHANGES: 2008: 54     5    3   -    -    -    -    -    -    -    -    -    - 
 ------------------------------------------------------------------------------
 MONTH: END07..END08..01...02...03...04...05...06...07...08...09...10...11...12
 ------------------------------------------------------------------------------
 EASTERN EUROPE:
 POLAND 5.00   5.00   4.25  -   -    -    -    -    -    -    -    -    -    - 
 HUNG   7.50   10.0   9.5   -   -    -    -    -    -    -    -    -    -    - 
 CZECH  3.50   2.25    -   1.75 -    -    -    -    -    -    -    -    -    - 
 RUSSIA 10.0   13.0    -    -   -    -    -    -    -    -    -    -    -    - 
 UKRAINE 8.0   12.0    -    -   -    -    -    -    -    -    -    -    -    - 
 ROMANIA 7.5   10.25   -   10.0 -    -    -    -    -    -    -    -    -    - 
 ------------------------------------------------------------------------------
 LATIN AMERICA:
 BRAZIL  11.25 13.75 12.75  -   -    -    -    -    -    -    -    -    -    - 
 MEX 3)   7.5   8.25 7.75   -   -    -    -    -    -    -    -    -    -    - 
 CHILE    6.0   8.25 7.25   -   -    -    -    -    -    -    -    -    -    - 
 COLOMBIA 9.5   9.5   9.0   -   -    -    -    -    -    -    -    -    -    - 
 ------------------------------------------------------------------------------
 ASIA
 KOREA   5.00  3.00  2.5    -   -    -    -    -    -    -    -    -    -    - 
 THAI 4) 3.25  2.75  2.0    -   -    -    -    -    -    -    -    -    -    - 
 PHIL    5.25  5.5   5.0    -   -    -    -    -    -    -    -    -    -    - 
 TAIWAN  3.375 2.0   1.5    -   -    -    -    -    -    -    -    -    -    - 
 INDS    8.00  9.25  8.75 8.25  -    -    -    -    -    -    -    -    -    - 
 INDIA   7.75  6.5   5.5    -   -    -    -    -    -    -    -    -    -    - 
 CHINA   7.47  5.31    -    -   -    -    -    -    -    -    -    -    -    - 
 (For more Asian rates please double click on [ID:nASIAINT])
 ------------------------------------------------------------------------------
 MIDDLE EAST/AFRICA:
 SARB   11.0  11.5     -  10.5  -    -    -    -    -    -    -    -    -    - 
 ISRAEL 4.25  1.75    1.0   -   -    -    -    -    -    -    -    -    -    - 
 TURKEY 15.75 15.00 13.00   -   -    -    -    -    -    -    -    -    -    - 
 ------------------------------------------------------------------------------
 MONTH:DEC07..DEC08..01...02...03...04...05...06...07...08...09...10...11...12
 NOTES:
 If rates change more than once a month, the last rate for that month is
listed.
 The Swiss National Bank targets a range for the three-month Swiss franc
LIBOR rate. It currently targets roughly the midpoint of that range.
 ------------------------------------------------------------------------------
 INTEREST RATES. (All the interest rates are policy rates identified by each
central bank):
 
 GROUP OF SEVEN CENTRAL BANKS:
 U.S FEDERAL RESERVE = federal funds rate
 BANK OF JAPAN = overnight call rate
 EUROPEAN CENTRAL BANK = refi rate
 BANK OF ENGLAND = bank rate
 BANK OF CANADA = overnight funding rate
 
 MAJOR CENTRAL BANKS:
 SWISS NATIONAL BANK = 3-month Swiss Libor
 RESERVE BANK OF AUSTRALIA = cash rate
 RESERVE BANK OF NEW ZEALAND = cash rate
 SWEDISH RIKSBANK = repo rate 
 NORGES BANK = deposit rate
 DENMARKS NATIONALBANK = 1-week cd rate
 CENTRAL AND EASTERN EUROPE:
 NATIONAL BANK OF POLAND (NBP): 28-day intervention rate
 NATIONAL BANK OF HUNGARY: (NBH) 2-week deposit rate
 CZECH NATIONAL BANK (CNB): 2-week repo rate
 CENTRAL BANK OF RUSSIAN FEDERATION (CBR): refinancing rate 
 NATIONAL BANK OF UKRAINE (NBU): discount rate
 NATIONAL BANK OF ROMANIA (NBR): monetary policy rate
 
 LATIN AMERICA:
 CENTRAL BANK OF BRASIL (BCB): Selic rate
 CENTRAL BANK OF CHILE (BCC): Discount rate
 BANK OF MEXICO: Overnight lending rate
 CENTRAL BANK OF COLOMBIA: Intervention rate
 
 ASIA:
 BANK OF KOREA: Overnight call rate
 BANK OF THAILAND: 1-day repurchase (repo) rate. 
 CENTRAL BANK OF PHILIPPINES: Overnight borrowing rate
 CENTRAL BANK OF CHINA (TAIWAN): Discount rate
 BANK INDONESIA: Bank Indonesia (BI) reference rate
 RESERVE BANK OF INDIA: Repo rate
 PEOPLE'S BANK OF CHINA: One-year yuan lending rate
 
 MIDDLE EAST/AFRICA:
 SOUTH AFRICAN RESERVE BANK: Repurchase rate
 BANK OF ISRAEL: Short-term lending rate
 CENTRAL BANK OF TURKEY: Overnight borrowing
 
 (editing by David Stamp)