
|
Interest Rates
| Base Rate Changes |
| Date |
Rate |
| 1992 |
May 5th |
10.00% |
| |
Sep 16th |
12.00%* |
| |
Sep 17th |
10.00% |
| |
Sep 22nd |
9.00% |
| |
Oct 16th |
8.00% |
| |
Nov 12th |
7.00% |
| 1993 |
Jan 26th |
6.00% |
| |
Nov 23rd |
5.50% |
| 1994 |
Feb 8th |
5.25% |
| |
Sep 12th |
5.75% |
| |
Dec 7th |
6.25% |
| 1995 |
Feb 2nd |
6.75% |
| |
Dec 13th |
6.50% |
| 1996 |
Jan 18th |
6.25% |
| |
Mar 8th |
6.00% |
| |
Jun 6th |
5.75% |
| |
Oct 30th |
6.00% |
| 1997 |
May 6th |
6.25% |
| |
Jun 6th |
6.50% |
| |
Jly 11th |
6.75% |
| |
Aug 7th |
7.00% |
* A further rise of 3% was later rescinded that day.
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