The interest rate on housing loans to households at a floating rate or with an initial rate fixation period of up to one year decreased by 5 basis points to 2.63% in March 2010. The corresponding rate on loans with an initial rate fixation period of more than five years and up to ten years decreased by 11 basis points to 4.21%. 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, remained basically unchanged at 6.22%.
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 remained basically unchanged in March 2010, at 3.24% for loans up to EUR 1 million and increased by 4 basis points, to 1.98% for loans over EUR 1 million during the same period. 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 decreased by 18 basis points to 3.43%.
MFI interest rates on outstanding amounts: in March 2010 the weighted average interest rate on outstanding amounts of deposits from households with an agreed maturity of up to two years remained basically unchanged at 2.13%. The corresponding rate on deposits with an agreed maturity of over two years decreased by 8 basis points to 2.76%. The weighted average interest rate on outstanding amounts of deposits from non-financial corporations with an agreed maturity of up to two years remained basically unchanged at 1.39% in the same month.
In March 2010 the weighted average interest rate on outstanding amounts of loans to households for house purchase with over five years’ maturity decreased by 5 basis points to 3.98% and the weighted average in interest rate on outstanding amounts of loans to non-financial corporations with over five years’ maturity decreased by 7 basis points to 3.36%.
