Monthly Bulletin of Statistics

Last produced for Monthly Bulletin of Statistics No. 12/2012

I. FINANCIAL AND CAPITAL MARKETS

TABLE I/11.- INDICATORS OF AVERAGE EFFECTIVE INTEREST RATES
IN ISRAELI CURRENCY AND OF YIELD TO MATURITY (ANNUAL RATES, PERCENTAGES) - PAGE 1 OF 2


			Percent change in Consumer Price Index⁽¹⁾	Non-indexed sector
				Rate of interest on credit			Rate of interest on deposits
				Overdraft accounts and current accounts with debit balances⁽²⁾	Other non-indexed fixed-term credit	Non-directed Israeli currency credit⁽³⁾	Creditory self-renewing overnight deposits (SROs)	Time deposits	Average yield to maturity of annual treasury bills
					Other non-indexed fixed-term credit	Non-directed Israeli currency credit⁽³⁾	Creditory self-renewing overnight deposits (SROs)	Time deposits	Average yield to maturity of annual treasury bills


1992	⁽⁵⁾		12.1	22.01	17.59	19.93	10.3	11.29	12.2		⁽⁵⁾	1992
1993	⁽⁵⁾		10.9	18.05	14.91	16.42	9.7	10.37	11.2		⁽⁵⁾	1993
1994	⁽⁵⁾		12.3	19.77	15.62	17.37	11.6	12.17	12.8		⁽⁵⁾	1994
1995	⁽⁵⁾		10.1	22.46	18.37	20.16	13.3	14.06	14.5		⁽⁵⁾	1995
1996	⁽⁵⁾		11.3	22.94	18.83	20.61	13.8	14.50	15.5		⁽⁵⁾	1996
1997	⁽⁵⁾		9.0	20.84	17.02	18.73	12.2	13.08	13.4		⁽⁵⁾	1997
1998	⁽⁵⁾		5.4	18.32	14.69	16.16	10.3	10.99	11.3		⁽⁵⁾	1998
1999	⁽⁵⁾		5.2	19.07	14.90	16.42	10.7	11.34	11.4		⁽⁵⁾	1999
2000	⁽⁵⁾		1.1	15.81	11.58	12.89	8.0	8.63	8.8		⁽⁵⁾	2000
2001	⁽⁵⁾		1.1	13.37	8.81	10.02	5.6	6.18	6.5		⁽⁵⁾	2001
2002	⁽⁵⁾		5.7	13.56	8.60	9.86	5.8	6.01	7.4		⁽⁵⁾	2002
2003	⁽⁵⁾		0.7	13.68	9.52	10.64	6.2	6.64	7.0		⁽⁵⁾	2003
2004	⁽⁵⁾		-0.4	10.21	6.53	7.45	3.2	3.62	4.8		⁽⁵⁾	2004
2005	⁽⁵⁾		1.3	9.59	5.97	6.76	2.8	3.24	4.3		⁽⁵⁾	2005
2006	⁽⁵⁾		2.1	10.90	7.40	8.07	4.1	4.31	5.5		⁽⁵⁾	2006
2007	⁽⁵⁾		0.5	9.94	6.27	6.86	3.0	3.50	4.3		⁽⁵⁾	2007
2008	⁽⁵⁾		4.6	9.90	6.07	6.60	2.7	3.30	3.9		⁽⁵⁾	2008
2009	⁽⁵⁾		3.3	8.00	3.71	4.20	0.4	1.08	1.4		⁽⁵⁾	2009
2010	⁽⁵⁾		2.7	9.22	4.48	5.21	1.0	1.55	2.2		⁽⁵⁾	2010
2011	⁽⁵⁾		3.5	10.49	5.54	5.97	2.1	2.52	3.0		⁽⁵⁾	2011
2012	⁽⁵⁾		1.7	10.24	5.22	5.63	1.6	2.03	2.3		⁽⁵⁾	2012
2009		X	2.9	8.21	3.74	4.24	0.41	0.87	1.5	X		2009
		XI	3.8	8.31	3.75	4.25	0.42	0.93	1.6	XI
		XII	3.9	8.38	3.88	4.38	0.57	1.11	1.9	XII
2010		I	3.8	8.82	4.18	4.70	0.73	1.23	2	I		2010
		II	3.6	8.84	4.18	7.68	0.74	1.15	1.9	II
		III	3.2	8.72	4.19	4.67	0.75	1.16	2	III
		IV	3.0	9.08	4.36	4.86	0.92	1.50	2.2	IV
		V	3.0	9.11	4.42	4.91	0.94	1.56	2.1	V
		VI	2.4	9.24	4.38	4.86	0.95	1.53	2.1	VI
		VII	1.8	9.15	4.45	4.92	0.94	1.53	2.1	VII
		VIII	1.8	9.40	4.60	5.06	1.09	1.73	2.2	VIII
		IX	2.4	9.34	4.58	5.04	1.08	1.70	2.3	IX
		X	2.5	9.65	4.84	5.32	1.26	1.84	2.4	X
		XI	2.3	9.82	4.82	5.30	1.28	1.91	2.4	XI
		XII	2.7	9.58	4.82	5.25	1.3	1.91	2.4	XII
2011		I	3.6	9.64	4.80	5.24	1.38	1.94	2.5	I		2011
		II	4.2	10.86	5.01	5.54	1.54	2.05	2.8	II
		III	4.3	10.19	5.31	5.74	1.74	2.15	3.1	III
		IV	4.0	10.33	5.64	6.04	2.11	2.53	3.4	IV
		V	4.1	10.46	5.68	6.09	2.24	2.61	3.4	V
		VI	4.2	10.54	5.73	6.12	2.38	2.79	3.5	VI
		VII	3.4	10.80	5.82	6.24	2.41	2.82	3.5	VII
		VIII	3.4	10.82	5.87	6.28	2.43	2.81	3.2	VIII
		IX	2.9	10.28	5.76	6.15	2.49	2.85	3	IX
		X	2.7	10.72	5.72	6.17	2.28	2.63	2.8	X
		XI	2.6	10.88	5.63	6.08	2.34	2.61	2.8	XI
		XII	2.2	10.42	5.51	5.92	2.11	2.48	2.6	XII
2012		I	2.0	10.43	5.43	5.86	1.88	2.48	2.45	I		2012
		II	1.7	10.44	5.25	5.68	1.68	2.30	2.43	II
		III	1.9	10.23	5.26	5.66	1.67	2.29	2.56	III
		IV	2.1	10.53	5.32	5.75	1.68	2.30	2.62	IV
		V	1.6	10.40	5.31	5.72	1.68	2.30	2.46	V
		VI	1.0	10.09	5.30	5.69	1.67	2.30	2.22	VI
		VII	1.4	10.14	5.05	5.47	1.50	2.16	2.02	VII
		VIII	1.9	10.04	5.02	5.41	1.48	2.12	1.96	VIII
		IX	2.1	9.83	5.05	5.42	1.48	2.17	2.15	IX

(1) Percentage of change in the Consumer Price Index for each month, is the percentage of change in the index for the last 12 months.

(2) Calculation based on the assumption of quarterly collection. Including ordinary interest and payment for actual deviations,

as well as credit allocation commission and management fees.

(3) Weighted average interest (quantities) on non-indexed NIS credit.

(4) Quoted interest rate for privileged customers with overdraft accounts.

Weighted basic interest is calculated by the amount of credit granted by the 7 largest banks,

and by the number of days in which that interest rate was valid.

(5) Annual data are calculated as a geometric average of the monthly data.

Data of all series presented in the table, including data on annual averages, were updated and recalculated according to

the data records of the CBS and of the Bank of Israel Research Department.

TABLE I/11.- INDICATORS OF AVERAGE EFFECTIVE INTEREST RATES
IN ISRAELI CURRENCY AND OF YIELD TO MATURITY (ANNUAL RATES, PERCENTAGES) - PAGE 2 OF 2


			CPI indexed sector				Yield to maturity of 5-year indexed bonds	Quoted basic interest rate (prime)⁽⁴⁾	Average interest on deposits in the Bank of Israel
			Effective average interest rates on credit and deposits
			Cost of Credit	Interest rate on deposits received from the public
			Cost of Credit	Total	Savings	CPI indexed deposits


1992	⁽⁵⁾						2.4	12.49			⁽⁵⁾	1992
1993	⁽⁵⁾		3.84	2.45	2.40	3.51	3.0	11.74			⁽⁵⁾	1993
1994	⁽⁵⁾		3.88	2.47	2.41	3.19	3.1	13.95			⁽⁵⁾	1994
1995	⁽⁵⁾		4.86	3.23	3.09	4.27	4.3	15.99			⁽⁵⁾	1995
1996	⁽⁵⁾		5.05	3.57	3.44	4.46	4.6	16.58	16.90		⁽⁵⁾	1996
1997	⁽⁵⁾		4.81	3.60	3.49	4.43	4.1	15.09	14.23		⁽⁵⁾	1997
1998	⁽⁵⁾		5.68	4.59	4.45	5.48	5.1	13.21	11.91		⁽⁵⁾	1998
1999	⁽⁵⁾		6.61	5.29	5.17	6.05	5.6	13.62	12.29		⁽⁵⁾	1999
2000	⁽⁵⁾		6.98	5.75	5.59	6.30	6.0	10.77	9.48		⁽⁵⁾	2000
2001	⁽⁵⁾		6.13	4.95	4.92	5.15	4.9	8.27	7.00		⁽⁵⁾	2001
2002	⁽⁵⁾		5.75	4.41	4.36	4.78	4.8	8.33	6.93		⁽⁵⁾	2002
2003	⁽⁵⁾		6.36	4.62	4.48	4.67	4.9	8.94	7.57		⁽⁵⁾	2003
2004	⁽⁵⁾		5.44	3.57	3.48	3.61	3.8	5.68	4.29		⁽⁵⁾	2004
2005	⁽⁵⁾		4.67	3.08	2.40	3.39	2.9	5.16	3.70		⁽⁵⁾	2005
2006	⁽⁵⁾		5.28	3.57	3.20	3.75	3.4	6.62	5.01		⁽⁵⁾	2006
2007	⁽⁵⁾		4.67	3.23	2.61	3.51	3.2	5.44	2.85		⁽⁵⁾	2007
2008	⁽⁵⁾		4.34	2.88	1.94	3.18	2.7	5.15	0.65		⁽⁵⁾	2008
2009	⁽⁵⁾		3.37	2.19	1.05	2.65	1.5	2.26	0.75		⁽⁵⁾	2009
2010	⁽⁵⁾		2.74	1.16	0.57	1.36	0.8	3.12	1.58		⁽⁵⁾	2010
2011	⁽⁵⁾		3.28	1.56	0.96	1.66	-	3.60	2.88		⁽⁵⁾	2011
2012	⁽⁵⁾		2.91	1.24	1.17	1.24	-	3.51	2.44		⁽⁵⁾	2012
2009		X	2.73	2.01	1.01	2.47	1.1	2.25	0.70	X		2009
		XI	2.62	1.81	0.64	2.32	1.0	2.27	0.70	XI
		XII	3.05	1.72	0.52	2.07	1.3	2.50	1.00	XII
2010		I	3.30	1.14	0.46	1.40	1.5	2.75	1.20	I		2010
		II	2.58	1.40	0.70	1.61	1.3	2.75	1.20	II
		III	2.90	1.29	0.47	1.69	1.1	2.75	1.20	III
		IV	3.67	0.94	0.66	1.13	1.2	2.99	1.50	IV
		V	2.65	1.08	0.85	1.33	1.1	3.00	1.50	V
		VI	2.69	1.03	0.61	1.31	0.8	3.00	1.50	VI
		VII	2.31	1.72	0.57	1.93	0.7	3.02	1.50	VII
		VIII	2.16	0.76	0.55	0.87	0.6	3.25	1.70	VIII
		IX	2.35	1.60	0.51	1.88	0.7	3.25	1.70	IX
		X	2.73	1.21	0.61	1.40	0.5	3.48	2.00	X
		XI	2.74	0.75	0.49	0.83	-	3.50	2.00	XI
		XII	2.81	0.91	0.38	0.99	-	3.50	2.00	XII
2011		I	2.98	1.07	0.40	1.18	-	3.53	2.00	I		2011
		II	2.83	0.79	0.46	0.84	-	3.79	2.20	II
		III	3.15	1.59	0.54	1.72	-	4.00	2.50	III
		IV	3.30	1.25	0.63	1.36	-	4.50	3.00	IV
		V	2.74	1.02	0.90	1.07	-	4.54	3.00	V
		VI	3.48	1.66	1.21	1.84	-	4.75	3.20	VI
		VII	3.70	1.62	1.28	1.70	-	4.75	3.30	VII
		VIII	3.46	2.73	1.25	2.93	-	4.75	3.30	VIII
		IX	3.31	2.13	1.15	2.30	-	4.75	3.30	IX
		X	3.38	1.44	1.44	1.44	-	4.51	3.00	X
		XI	3.57	2.20	1.23	2.31	-	4.50	3.00	XI
		XII	3.48	1.21	1.09	1.23	-	4.25	2.80	XII
2012		I	3.45	2.04	1.20	2.11	-	4.20	2.75	I		2012
		II	3.10	1.13	1.23	1.11	-	4.00	2.48	II
		III	3.02	1.03	1.05	1.03	-	4.00	2.50	III
		IV	2.87	1.53	1.27	1.61	-	4.00	2.50	IV
		V	2.98	1.38	1.36	1.38	-	4.00	2.50	V
		VI	3.32	1.13	1.13	1.13	-	3.98	2.50	VI
		VII	2.50	1.08	1.14	1.08	-	3.75	2.25	VII
		VIII	2.34	0.98	1.06	0.96	-	3.75	2.25	VIII
		IX	2.58	0.83	1.12	0.79	-	3.75	2.25	IX