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INTEREST RATE SТАТISТICS
February 2015
26 March 2015
CONTENTSInterbank market indices 3Yield on government securities and long-term interest rate for convergence assessment purposes 4Interest rates and volumes of new business on loans to Non-financial corporations sector by period of initial rate fixation 5Interest rates and volumes of outstanding amounts on loans to Non-financial corporations sector 6Interest rates and volumes of new business on loans to Households sector by period of initial rate fixation 7 - 8Annual percentage rate of charge on new business on loans to Households sector 8Interest rates and volumes of outstanding amounts on loans to Households sector 9 - 10Interest rates and volumes of new business on deposits with agreed maturity of Non-financial corporations sector 11Interest rates and volumes of outstanding amounts on overnight deposits, deposits with agreed maturity and deposits redeemable at notice of Non-financial corporations sector 12Interest rates and volumes of new business on deposits with agreed maturity of Households sector 13Interest rates and volumes of outstanding amounts on overnight deposits, deposits with agreed maturity and deposits redeemable at notice of Households sector 14Methodological notes 15
Used conventions 0 zero or negligible - nil со statistically processed data time series break р revised data
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TABLES1
1 Due to the revocation of the banking license of Corporate Commercial Bank, the bank has been excluded as a reporting agent from the interest rate statistics data since November 2014. In accordance with the ECB’s requirements in the statistics area the bank has been excluded from sector Other monetary financial institutions (S.122 according to ESA’95) and reclassified in institutional sector Other financial intermediaries, except insurance corporations and pension funds (S.123 according to ESA’95).
2
overnight spotweek
1month
2months
3months
6months
12months overnight spot
week1
month2
months3
months6
months12
months
2014 II 0.04 0.04 0.01 0.03 0.12 0.22 0.31 0.70 1.49 0.07 0.15 0.47 0.63 0.89 1.54 2.85III 0.04 0.04 0.01 0.03 0.12 0.22 0.30 0.67 1.41 0.07 0.16 0.45 0.61 0.83 1.48 2.75IV 0.04 0.05 0.02 0.04 0.12 0.23 0.31 0.67 1.41 0.08 0.17 0.46 0.62 0.83 1.47 2.76V 0.05 0.05 0.03 0.05 0.13 0.23 0.31 0.68 1.41 0.09 0.19 0.47 0.63 0.83 1.49 2.78VI 0.05 0.03 0.02 0.03 0.12 0.20 0.30 0.63 1.32 0.08 0.17 0.42 0.57 0.81 1.44 2.64VII 0.03 0.04 0.01 0.03 0.11 0.18 0.27 0.58 1.22 0.08 0.16 0.38 0.51 0.76 1.36 2.50VIII 0.04 0.04 0.01 0.03 0.10 0.16 0.25 0.53 1.12 0.08 0.15 0.37 0.49 0.72 1.26 2.26IX 0.04 0.03 0.01 0.02 0.09 0.15 0.24 0.48 1.07 0.06 0.14 0.36 0.47 0.70 1.22 2.20X 0.03 0.02 0.01 0.02 0.09 0.14 0.22 0.46 1.02 0.07 0.13 0.36 0.46 0.69 1.21 2.18XI 0.02 0.02 0.01 0.02 0.09 0.13 0.20 0.41 0.94 0.07 0.13 0.37 0.46 0.66 1.18 2.15XII 0.02 0.01 0.01 0.02 0.09 0.14 0.20 0.40 0.94 0.07 0.13 0.37 0.46 0.66 1.18 2.09
2015 I 0.01 0.01 0.00 0.01 0.06 0.12 0.19 0.39 0.90 0.07 0.12 0.33 0.45 0.66 1.19 2.10II 0.01 0.01 0.00 0.01 0.05 0.10 0.18 0.38 0.87 0.06 0.10 0.29 0.42 0.61 1.16 2.00
1 Monthly values are calculated as a simple average of daily values. 2 Since 1 February 2005, according to Resolution of the BNB Governing Council, the BIR equals the simple average of the daily values of LEONIA (LЕv OverNight Index Average, a reference rate of all overnight unsecured lending transactions in the interbank market) for the business days of the preceding month (base period).
INTERBANK MARKET INDICES1
BIR2 LeoniaSofibid Sofibor
3
2014 II - - - - - - 0.79 1.88 1.48 1.91 3.58III 1.07 - - - 3.55 1.05 - 2.03 1.34 2.16 3.54IV - - 1.89 - - - 0.91 1.65 1.25 1.80 3.44V 0.83 - - - 3.16 0.83 - 1.70 1.22 2.72 3.18VI - - 1.80 - - - 5.96 1.72 1.23 1.76 3.11VII - - - - - - - 2.01 1.73 3.00 3.38VIII 1.51 - 2.46 - - 1.65 1.42 2.34 - 2.61 3.41IX - - - - 3.12 1.37 1.00 1.99 1.34 2.18 3.26X - - 2.42 - 3.50 - - 1.93 - 3.11 3.31XI 1.82 - 2.63 - 3.62 1.68 - 2.05 1.41 2.78 3.44XII - - - - 2.90 0.38 0.80 1.51 0.80 2.33 2.96
2015 I - 0.69 - - 3.09 0.67 0.67 1.26 1.58 1.92 2.95II - - 1.00 - - 0.56 0.48 0.94 1.87 2.10 2.52
6 Government securities with maturity of ten years also include issues with maturity of ten years and six months. 7 LTIR – long-term interest rate for convergence assessment purposes. It is determined on the basis of the secondary market yield to maturity of a long-term bond (benchmark) issued by the Ministry of Finance ( Central Government sector) and denominated in national currency. The ISMA formula at ACT/365 day count convention is used.
annual effective yield
1 Source: Fiscal services department, BNB. 2 The average weighted effective yield to maturity achieved on the secondary market during the reporting period. The yield is calculated using the ISMA formula at ACT/365 day count convention. The securities are grouped by their original maturity. 3 Government securities with maturity of two years also include issues of two years and six months. 4 Government securities with maturity of three years also include issues of three years and six months. 5 Government securities with maturity of seven years also include issues with maturity of seven years and three months.
10 years6 2 years3 3 years4 5 years 7 years5 10 years6
YIELD ON GOVERNMENT SECURITIES AND LONG-TERM INTEREST RATE FOR CONVERGENCE ASSESSMENT PURPOSES
Yield on BGN-denominated interest-bearinggovernment securities on the primary market1
Yield on BGN-denominated interest-bearinggovernment securities on the secondary market2
Long-terminterest
rate72 years3 3 years4 5 years 7 years5
4
up to 1year
over 1 andup to 5 years
over 5years
up to 1year
over 1 andup to 5 years
over 5years
up to 1year
over 1 andup to 5 years
over 5years
up to 1year
over 1 andup to 5 years
over 5years
2014 II 6.26 6.84 10.30 7.80 6.00 - - 7.11 6.74 4.07 8.40 7.16 - 7.23III 6.76 7.05 7.92 8.06 6.53 - - 7.52 6.50 7.45 8.09 7.69 - 7.23IV 6.61 7.06 7.62 9.65 6.23 - 8.30 7.42 7.24 - 8.65 7.43 - 11.02V 6.87 6.58 6.94 7.43 6.92 10.72 - 8.07 5.82 6.17 - 8.35 - 7.23VI 5.77 6.60 6.86 7.38 5.19 6.70 - 8.86 6.48 8.44 7.57 9.11 - -VII 6.14 6.21 7.62 10.12 6.01 6.83 - 5.71 5.94 - 10.21 5.63 - -VIII 6.13 6.55 7.18 7.28 5.78 8.23 - 7.53 6.42 - 6.70 7.70 - 7.23IX 6.27 6.52 7.14 6.96 6.11 - - 7.59 6.80 4.18 - 7.77 - -X 7.04 6.38 7.56 9.65 7.32 - - 6.86 5.89 - 7.83 7.09 - -XI 6.93 6.25 7.80 8.90 7.15 - - 7.63 6.16 - - 7.80 - -XII 6.69 6.45 7.53 7.60 6.77 - - 5.75 6.27 10.47 10.47 5.58 - 6.98
2015 I 6.95 6.33 5.45 7.63 7.10 - 5.53 7.76 6.20 - - 8.03 - 5.75II 6.98 6.34 7.13 7.36 7.46 - 7.76 5.20 5.91 5.17 9.92 4.86 - -
2014 II 317.5 90.7 1.4 0.6 224.8 - - 587.7 74.4 0.1 1.4 494.3 - 17.6III 353.2 129.6 3.9 5.5 214.2 - - 503.9 64.9 0.2 0.4 424.7 - 13.7IV 443.1 137.0 7.7 1.7 278.7 - 17.9 673.9 84.4 - 0.8 586.6 - 2.1V 558.5 123.5 7.1 1.7 423.2 3.0 - 873.1 87.3 0.1 - 770.1 - 15.6VI 367.0 137.3 8.2 0.8 218.5 2.2 - 1264.2 118.3 0.2 2.1 1143.7 - -VII 315.5 132.8 4.0 0.2 169.7 8.9 - 351.6 83.2 - 1.0 267.5 - -VIII 310.1 114.4 3.3 0.1 185.8 6.5 - 654.3 86.0 - 0.1 565.2 - 2.9IX 319.3 118.1 1.7 0.1 199.4 - - 479.5 82.0 2.2 - 395.3 - -X 408.0 125.4 3.8 0.2 278.7 - - 525.1 99.2 - 0.9 425.0 - -XI 467.4 115.9 2.2 0.1 349.2 - - 796.3 84.4 - - 712.0 - -XII 651.6 169.4 2.4 0.6 479.2 - - 698.8 118.9 1.5 1.1 563.0 - 14.4
2015 I 468.0 76.2 2.8 1.0 384.0 - 3.9 468.8 65.7 - - 400.6 - 2.5II 267.8 114.8 3.9 1.2 141.0 - 7.0 269.0 81.2 2.0 1.0 184.8 - -
up to 1 million EUR over 1 million EUR
annual effective interest rate
volumes in million BGN
Preliminary data.
INTEREST RATES AND VOLUMES OF NEW BUSINESS ON LOANS TO NON-FINANCIAL CORPORATIONS SECTOR BY PERIOD OF INITIAL RATE FIXATION
Loans other than overdraftin BGN in EUR
up to 1 million EUR over 1 million EUR
5
up to 1 year over 1 andup to 5 years over 5 years up to 1 year over 1 and
up to 5 years over 5 years
2014 II 6.48 5.68 7.92 7.51 7.71 8.17 7.13 5.90 7.40 7.05III 6.41 5.53 7.85 7.34 7.63 8.13 7.15 5.84 7.43 7.07IV 6.33 5.51 7.83 7.56 7.59 8.07 7.15 5.83 7.44 7.07V 6.33 5.64 7.79 7.59 7.57 8.01 7.12 5.89 7.39 7.04VI 6.20 5.47 7.66 7.27 7.44 7.91 7.10 5.85 7.23 7.10VII 6.12 5.35 7.54 7.05 7.29 7.82 7.07 5.83 7.19 7.07VIII 6.03 5.26 7.45 6.93 7.24 7.71 7.07 6.14 7.22 7.04IX 5.99 5.20 7.37 6.69 7.20 7.63 7.07 4.78 7.26 7.07X 5.97 5.14 7.23 5.67 7.13 7.53 7.05 4.92 7.17 7.05XI 5.77 5.07 6.71 6.50 6.47 6.95 6.14 4.66 5.69 6.35XII 5.81 4.96 6.59 5.79 6.41 6.91 6.10 4.95 5.74 6.26
2015 I 5.70 4.97 6.51 5.87 6.32 6.78 6.06 4.96 5.75 6.22II 5.65 5.00 6.47 6.04 6.25 6.71 6.03 4.94 5.77 6.17
2014 II 3669.7 4236.7 4594.2 574.9 1668.9 2350.4 14455.0 348.0 4457.5 9649.6III 3693.7 4194.4 4749.5 633.7 1694.7 2421.1 14602.4 379.0 4552.2 9671.2IV 3779.8 4327.1 4829.6 577.6 1767.3 2484.7 14662.5 361.4 4620.6 9680.6V 3762.5 4218.2 4888.8 461.8 1923.5 2503.4 14727.3 397.2 4619.9 9710.2VI 3945.6 4229.3 4985.2 434.3 2005.8 2545.1 14650.9 370.0 4320.6 9960.4VII 3874.1 4289.6 4997.2 433.9 2025.3 2538.0 14539.3 374.7 4264.3 9900.4VIII 3954.9 4214.8 5060.9 447.7 2052.3 2560.9 14334.5 375.0 4256.7 9702.8IX 4049.3 4155.5 5142.8 486.8 2044.1 2611.9 14182.1 308.2 4221.5 9652.3X 4019.4 4182.3 5261.3 359.8 2272.8 2628.6 13996.4 261.0 4128.6 9606.8XI 4006.4 4072.0 4608.2 472.8 1881.2 2254.1 10394.9 269.8 2605.9 7519.3XII 3934.1 4153.2 4810.5 528.9 1893.8 2387.9 10509.5 302.2 2591.6 7615.6
2015 I 3883.0 4112.0 4757.9 485.5 1829.6 2442.8 10300.8 310.6 2547.9 7442.4II 3925.1 4036.1 4756.9 446.5 1839.1 2471.2 10219.1 298.4 2490.3 7430.4
annual effective interest rate
volumes in million BGN
1 For overdrafts, interest rates and volumes on new business and on outstanding amounts coincide. Preliminary data.
INTEREST RATES AND VOLUMES OF OUTSTANDING AMOUNTS ON LOANS TO NON-FINANCIAL CORPORATIONS SECTOR
Overdraft1 Loans other than overdraft
in BGN in EURin BGN in EUR
6
up to 1year
over 1 andup to 5 years
over 5years
up to 1year
over 1 andup to 5 years
over 5years
up to 1year
over 1 andup to 5 years
over 5 andup to 10
years
over 10years
up to 1year
over 1 andup to 5 years
over 5 andup to 10
years
over 10years
2014 II 12.01 12.04 8.82 8.78 9.44 9.45 8.25 10.42 6.84 6.85 6.34 9.92 6.70 7.38 7.40 7.02 7.16 8.59III 11.60 11.65 8.56 7.89 9.33 9.36 7.26 7.22 6.64 6.65 6.39 - 7.76 7.09 7.12 6.49 7.05 6.21IV 11.39 11.41 8.55 8.33 9.21 9.23 6.53 6.12 6.56 6.58 6.08 - 6.17 6.86 6.87 6.56 - -V 11.16 11.18 8.30 8.48 8.89 9.17 7.77 8.30 6.65 6.66 6.50 - - 7.10 7.09 7.00 9.04 6.38VI 11.26 11.29 7.84 9.05 8.91 8.94 6.80 8.44 6.53 6.54 6.27 - 6.70 6.88 6.88 6.68 - -VII 11.28 11.29 6.49 15.07 9.12 9.19 6.70 8.45 6.46 6.46 - - - 6.91 6.88 7.52 7.44 7.23VIII 11.35 11.38 4.14 7.11 9.18 9.20 7.95 9.42 6.60 6.60 7.38 7.50 - 7.08 7.06 7.40 7.18 6.74IX 11.41 11.43 6.75 5.72 9.23 9.28 9.36 8.72 6.58 6.58 7.50 - 8.25 6.89 6.86 7.52 7.23 7.18X 11.11 11.12 8.55 6.24 9.08 9.08 8.46 9.14 6.48 6.48 7.87 - - 6.99 6.95 7.64 - 6.83XI 11.46 11.48 7.70 6.62 8.60 8.58 9.69 8.82 6.34 6.34 6.26 - 6.17 6.78 6.74 7.27 - 8.92XII 12.33 12.34 6.27 7.01 8.29 8.40 6.97 7.78 6.24 6.24 6.55 - 6.83 6.69 6.63 7.62 6.42 7.29
2015 I 11.45 11.46 7.51 7.16 8.34 8.32 8.29 8.65 6.18 6.19 5.90 - - 6.83 6.82 7.00 7.18 -II 10.79 11.05 8.98 8.82 8.49 8.89 8.04 7.21 6.21 6.20 6.14 6.37 6.28 6.30 6.21 7.03 6.51 6.53
2014 II 157.3 155.8 0.9 0.6 23.6 22.8 0.5 0.3 54.3 53.0 1.1 0.0 0.2 26.1 24.1 1.6 0.1 0.2III 193.8 191.5 0.6 1.8 22.6 22.3 0.2 0.1 72.0 70.2 1.6 - 0.1 25.8 24.5 1.0 0.1 0.1IV 209.4 207.9 0.6 0.9 22.3 22.1 0.1 0.1 71.4 68.8 2.5 - 0.1 28.6 28.2 0.4 - -V 201.8 200.3 0.4 1.1 27.0 21.5 5.5 0.0 65.8 64.7 1.2 - - 24.0 23.5 0.3 0.1 0.0VI 210.7 208.9 1.0 0.8 23.7 23.0 0.3 0.4 80.4 78.7 1.7 - 0.0 25.1 24.7 0.4 - -VII 209.6 209.2 0.4 0.1 23.4 22.2 0.4 0.8 86.8 86.8 - - - 32.3 30.4 1.5 0.1 0.3VIII 200.5 199.5 0.8 0.2 21.0 20.0 0.4 0.6 78.6 78.6 0.0 0.0 - 28.4 25.7 2.1 0.1 0.4IX 202.5 202.0 0.4 0.1 21.0 19.0 0.2 1.9 97.6 97.4 0.0 - 0.2 33.7 32.1 1.5 0.0 0.1X 215.0 214.5 0.1 0.4 14.4 13.5 0.2 0.6 109.0 108.7 0.3 - - 37.5 34.7 2.6 - 0.2XI 180.5 179.8 0.3 0.3 12.1 11.7 0.2 0.3 102.2 101.9 0.3 - 0.1 30.2 28.2 2.0 - 0.0XII 178.0 177.7 0.3 0.1 12.7 11.4 0.7 0.6 130.5 130.3 0.2 - 0.1 42.1 39.5 2.4 0.2 0.1
2015 I 167.1 166.7 0.2 0.2 11.2 10.0 0.6 0.5 78.3 77.9 0.4 - - 46.1 44.0 2.0 0.1 -II 210.7 185.2 5.7 19.8 11.6 8.5 0.7 2.4 91.4 86.4 0.2 0.7 4.1 51.1 39.1 1.2 2.2 8.6
annual effective interest rate
volumes in million BGN
1 The Households sector also includes the NPISHs sector. Data on consumer loans and loans for house purchases refer to the Households sector only. (continue) Preliminary data.
INTEREST RATES AND VOLUMES OF NEW BUSINESS ON LOANS TO HOUSEHOLDS 1 SECTOR BY PERIOD OF INITIAL RATE FIXATION
Consumer loans Loans for house purchasesin BGN in EUR in BGN in EUR
7
(continued)
up to 1year
over 1 andup to 5 years
over 5years
up to 1year
over 1 andup to 5 years
over 5years
2014 II 8.52 8.52 11.02 - 7.63 7.62 - 8.52III 7.54 7.55 6.88 - 6.63 6.63 - - 2014 II 13.32 10.99 7.75 8.18IV 8.12 8.20 7.27 8.28 7.65 7.64 - 7.71 III 12.88 10.94 7.60 8.03V 8.05 8.21 5.59 - 7.25 7.19 - 7.71 IV 12.64 10.83 7.51 7.69VI 7.69 7.77 6.49 - 5.74 5.74 - - V 12.37 10.29 7.55 7.86VII 7.25 7.35 4.77 7.23 6.83 6.83 - - VI 12.43 10.34 7.36 7.77VIII 7.61 7.61 7.21 - 7.40 7.40 - - VII 12.40 10.42 7.18 7.72IX 7.69 7.78 7.19 7.28 5.83 5.83 - - VIII 12.26 10.09 7.28 7.93X 7.50 7.63 6.21 7.28 6.66 6.66 - - IX 12.33 10.09 7.13 7.78XI 7.92 8.03 6.43 7.23 6.67 6.67 - - X 11.99 9.91 7.04 7.71XII 7.82 7.86 6.47 - 6.83 6.83 - - XI 12.32 9.31 6.83 7.48
2015 I 7.75 7.91 6.27 8.25 6.18 6.18 - - XII 13.13 8.94 6.77 7.35II 7.72 7.79 6.59 7.69 5.68 5.68 - - 2015 I 12.34 9.14 6.87 7.64
II 11.63 9.25 6.82 7.082014 II 17.6 17.6 0.0 - 4.1 4.0 - 0.1
III 24.5 24.3 0.3 - 4.1 4.1 - -IV 19.4 17.7 1.6 0.2 4.2 3.8 - 0.3V 18.7 17.5 1.1 - 3.2 2.8 - 0.3VI 20.2 19.0 1.2 - 5.6 5.6 - -VII 20.0 19.2 0.8 0.0 3.3 3.3 - -VIII 17.2 17.1 0.1 - 2.1 2.1 - -IX 19.9 16.3 0.7 2.9 4.1 4.1 - -X 25.2 22.3 2.0 0.9 3.4 3.4 - -XI 21.7 20.2 1.5 0.0 6.5 6.5 - -XII 22.2 21.6 0.6 - 3.7 3.7 - -
2015 I 10.6 9.5 1.0 0.1 1.3 1.3 - -II 15.9 14.9 0.9 0.1 3.5 3.5 - -
1 APRC-Annual Percentage Rate of Charge. Detailed maturity breakdown for this indicator is available on the BNB's website (www.bnb.bg/Statistics/Interest rate statistics/Annual percentage rate of charge on new business on loans to Households sector by original maturity). Preliminary data.
For house purchases
in BGN in EUR in BGN in EUR
annual effective interest rateannual effective interest rate
volumes in million BGN
1 The Households sector also includes the NPISHs sector. Data on consumer loans and loans for house purchases refer to the Households sector only. Preliminary data.
APRC1 ON NEW BUSINESS ON LOANS TO HOUSEHOLDS SECTOR
APRC1
Consumer loans
INTEREST RATES AND VOLUMES OF NEW BUSINESS ON LOANS TO HOUSEHOLDS 1 SECTORBY PERIOD OF INITIAL RATE FIXATION
Other loansin BGN in EUR
8
up to 1 year over 1 andup to 5 years over 5 years up to 1 year over 1 and
up to 5 years over 5 years
2014 II 14.81 10.18 11.23 20.34 12.61 10.81 9.42 9.04 9.64 9.40III 14.75 10.15 11.21 20.42 12.64 10.78 9.39 9.06 9.50 9.38IV 14.73 10.13 11.16 20.62 12.65 10.71 9.40 8.98 9.50 9.39V 14.69 10.10 11.13 20.41 12.64 10.67 9.39 9.63 9.44 9.39VI 14.64 10.19 11.10 20.37 12.60 10.64 9.39 7.39 9.40 9.39VII 14.60 10.16 11.07 20.34 12.57 10.59 9.39 7.29 9.48 9.38VIII 14.53 10.12 11.02 20.46 12.52 10.54 9.38 8.77 9.46 9.38IX 14.49 10.14 10.97 20.29 12.48 10.49 9.38 8.96 9.45 9.37X 14.58 10.10 10.94 20.05 12.43 10.45 9.39 8.93 9.43 9.38XI 14.63 9.93 10.92 20.50 12.44 10.42 9.37 8.58 9.41 9.37XII 14.56 9.62 10.87 21.53 12.48 10.33 9.27 7.08 9.34 9.26
2015 I 14.90 9.66 10.81 21.69 12.43 10.27 9.20 6.78 9.31 9.20II 14.86 9.69 10.75 21.87 12.39 10.22 9.19 7.75 9.29 9.18
2014 II 1251.0 163.5 4672.9 36.0 906.5 3730.3 1441.6 1.4 129.1 1311.1III 1267.5 165.2 4668.4 35.3 909.1 3724.0 1366.6 1.3 122.9 1242.4IV 1267.3 170.5 4715.4 36.5 922.4 3756.5 1354.0 1.3 119.8 1233.0V 1290.6 168.4 4742.5 38.6 932.6 3771.4 1343.2 0.8 122.2 1220.2VI 1294.4 167.1 4781.3 39.2 944.4 3797.7 1331.7 1.8 121.5 1208.4VII 1292.0 165.8 4808.2 39.5 955.4 3813.2 1310.0 1.7 118.6 1189.8VIII 1287.2 164.5 4832.5 40.7 966.5 3825.3 1294.1 0.9 115.9 1177.3IX 1307.4 166.5 4852.6 42.2 975.9 3834.4 1275.9 0.9 113.4 1161.7X 1303.2 161.0 4880.5 42.2 988.5 3849.8 1249.9 0.8 109.6 1139.4XI 1295.4 158.9 4890.2 41.1 991.0 3858.0 1225.0 0.8 106.4 1117.8XII 1279.2 163.4 4883.3 43.9 993.7 3845.7 1201.0 1.9 103.7 1095.3
2015 I 1233.9 158.5 4901.6 41.8 996.1 3863.7 1216.0 2.0 100.7 1113.3II 1223.2 158.0 4928.2 39.4 1003.2 3885.6 1189.7 0.8 97.8 1091.1
annual effective interest rate
volumes in million BGN
1 The Households sector also includes the NPISHs sector. Data on consumer loans and loans for house purchases refer to the Households sector only. 2 For overdrafts, interest rates and volumes on new business and on outstanding amounts coincide. (continue) Preliminary data.
INTEREST RATES AND VOLUMES OF OUTSTANDING AMOUNTS ON LOANS TO HOUSEHOLDS 1 SECTOR
Overdraft2 Consumer loans
in BGN in EURin BGN in EUR
9
(continued)
up to 1year
over 1 andup to 5 years
over 5years
up to 1year
over 1 andup to 5 years
over 5years
up to 1year
over 1 andup to 5 years
over 5years
up to 1year
over 1 andup to 5 years
over 5years
2014 II 8.05 10.26 7.02 8.06 7.52 8.84 7.42 7.52 9.29 9.00 9.57 9.12 8.36 9.00 8.25 8.38III 8.02 10.45 6.95 8.02 7.55 8.84 7.46 7.55 9.12 7.61 9.38 9.04 8.32 9.81 8.14 8.36IV 7.95 10.77 6.93 7.96 7.54 6.30 7.63 7.54 8.91 7.53 9.24 8.77 8.27 11.82 8.12 8.30V 7.92 10.85 6.96 7.92 7.54 6.24 7.34 7.54 8.85 7.69 9.15 8.71 8.24 12.33 8.09 8.27VI 7.88 10.79 6.93 7.89 7.53 6.17 7.38 7.53 8.76 7.44 9.03 8.66 8.15 9.55 7.92 8.21VII 7.82 10.74 6.98 7.83 7.52 6.17 7.31 7.52 8.66 6.91 8.95 8.61 8.11 10.27 7.88 8.17VIII 7.76 10.74 6.93 7.77 7.50 6.17 7.29 7.50 8.55 6.95 8.76 8.56 8.09 9.92 7.92 8.13IX 7.70 10.71 6.90 7.70 7.49 6.41 7.25 7.49 8.51 7.33 8.68 8.50 8.03 10.79 7.81 8.08X 7.62 10.69 6.85 7.62 7.48 6.52 7.27 7.48 8.43 7.23 8.60 8.42 7.99 9.67 7.76 8.05XI 7.55 10.68 6.77 7.56 7.45 6.52 7.21 7.45 8.36 7.16 8.53 8.36 7.92 9.00 7.60 8.01XII 7.44 10.63 6.73 7.45 7.37 7.03 7.12 7.37 8.28 7.17 8.45 8.27 7.82 8.95 7.41 7.93
2015 I 7.37 10.70 6.74 7.37 7.33 6.59 7.02 7.33 8.26 7.01 8.48 8.18 7.81 8.73 7.35 7.99II 7.32 10.68 6.61 7.32 7.31 6.48 7.01 7.31 8.19 6.79 8.45 8.09 7.75 9.36 7.28 7.93
2014 II 2999.1 0.2 13.3 2985.6 3819.0 0.0 13.7 3805.3 380.1 11.2 145.4 223.5 226.1 0.2 47.7 178.2III 3042.0 0.2 13.9 3027.8 3866.5 0.0 13.8 3852.8 384.7 13.7 145.8 225.2 230.4 0.2 48.9 181.4IV 3080.5 0.5 14.6 3065.5 3841.1 0.1 13.2 3827.8 365.2 14.5 148.6 202.2 218.2 0.5 47.7 169.9V 3097.9 0.7 14.8 3082.4 3806.6 0.1 12.9 3793.6 371.3 16.3 152.0 203.0 215.3 0.5 46.8 168.0VI 3139.6 0.9 15.3 3123.5 3770.8 0.1 12.6 3758.2 378.7 17.3 156.9 204.6 215.1 0.1 47.3 167.7VII 3175.4 1.0 15.8 3158.6 3722.6 0.1 12.2 3710.3 383.9 20.0 159.1 204.8 207.1 0.1 45.2 161.7VIII 3194.5 1.1 16.9 3176.5 3669.7 0.1 12.3 3657.4 387.4 22.3 161.1 204.0 201.7 0.1 42.6 159.0IX 3238.7 1.2 17.3 3220.2 3619.9 0.1 12.1 3607.7 388.2 21.0 160.3 206.9 199.7 0.2 41.7 157.8X 3284.7 1.0 17.2 3266.5 3565.1 0.1 11.7 3553.3 389.5 22.1 157.6 209.9 194.5 0.1 39.5 154.8XI 3329.0 0.8 17.5 3310.7 3511.1 0.1 11.7 3499.4 392.5 23.1 158.2 211.1 193.0 0.2 39.2 153.6XII 3387.8 0.6 18.7 3368.5 3453.1 0.1 13.8 3439.2 391.9 22.6 158.7 210.6 194.3 0.4 43.2 150.7
2015 I 3389.2 0.4 18.4 3370.4 3398.3 0.1 14.0 3384.2 330.7 13.2 135.4 182.1 147.8 0.3 41.8 105.7II 3422.9 0.3 19.6 3402.9 3352.0 0.1 14.4 3337.6 335.4 12.7 136.5 186.3 146.2 0.3 41.6 104.3
annual effective interest rate
volumes in million BGN
1 The Households sector also includes the NPISHs sector. Data on consumer loans and loans for house purchases refer to the Households sector only. Preliminary data.
INTEREST RATES AND VOLUMES OF OUTSTANDING AMOUNTS ON LOANS TO HOUSEHOLDS 1 SECTOR
Loans for house purchases Other loansin BGN in EUR in BGN in EUR
10
2014 II 2.17 1.39 2.91 1.95 3.56 3.68 0.89 2.05 1.47 1.83 2.71 3.65 3.51 0.41III 2.27 2.24 2.83 1.48 3.23 3.24 0.76 2.64 1.30 1.51 2.15 2.61 3.04 5.35IV 1.93 1.67 2.56 2.18 3.35 2.92 0.19 2.04 1.21 1.97 2.13 2.10 2.73 0.38V 2.11 1.78 2.28 2.81 3.15 2.39 0.31 1.95 0.95 1.25 1.77 3.30 3.25 0.59VI 1.67 1.37 2.13 2.80 2.92 2.75 0.85 1.99 1.24 1.98 2.14 2.94 2.49 0.56VII 1.80 1.59 1.96 2.06 2.83 2.22 0.78 1.26 0.68 1.33 1.20 2.02 2.21 1.27VIII 1.59 1.42 1.82 2.03 2.29 2.72 0.29 1.19 0.49 1.00 1.68 1.84 2.38 0.27IX 1.92 1.41 1.86 3.10 2.36 2.19 1.38 1.48 0.59 1.47 1.68 2.08 3.60 0.43X 1.51 1.18 1.40 2.08 2.75 3.12 0.37 1.10 0.57 1.08 1.42 1.52 1.29 0.20XI 1.45 1.33 1.43 1.74 2.36 3.53 0.27 1.01 0.53 0.89 1.31 1.73 2.54 0.22XII 1.30 1.21 1.35 1.59 2.26 2.21 0.57 1.37 0.78 1.32 1.67 2.58 2.28 0.86
2015 I 1.15 0.88 1.04 1.53 2.21 2.68 0.22 1.03 0.47 1.30 1.36 1.13 1.51 0.11II 0.98 0.54 1.08 1.15 2.37 1.33 0.70 0.97 0.56 1.07 1.24 1.93 2.20 0.13
2014 II 544.2 233.5 76.8 69.3 84.7 44.8 35.1 265.4 62.0 90.6 47.9 28.8 11.8 24.3III 529.1 234.4 83.6 95.5 66.9 19.0 29.7 426.6 60.0 134.6 34.8 86.4 20.8 90.0IV 507.1 292.3 67.4 42.8 51.1 16.4 37.2 475.9 68.0 117.6 73.0 91.5 111.4 14.4V 498.8 231.9 109.2 48.4 70.5 10.7 28.2 520.8 46.4 224.2 68.4 151.9 17.8 12.2VI 381.9 224.4 49.6 33.4 27.5 5.3 41.7 307.0 87.0 40.0 89.4 75.6 0.9 14.1VII 456.7 243.3 63.3 39.5 47.4 33.3 29.9 381.7 124.7 62.3 88.9 80.0 12.1 13.7VIII 316.4 165.4 61.0 17.3 43.7 5.7 23.3 292.5 87.5 52.7 85.4 50.6 5.9 10.4IX 446.1 208.8 79.4 77.7 55.1 10.6 14.5 268.7 52.8 59.8 40.8 95.7 0.9 18.6X 415.7 232.4 77.2 26.2 59.6 6.1 14.1 257.4 56.7 64.5 48.7 63.1 10.2 14.2XI 425.9 273.0 41.4 40.3 47.9 1.5 21.9 215.6 72.1 37.0 54.2 38.0 2.8 11.6XII 454.7 283.5 65.0 30.0 36.1 4.5 35.5 296.3 109.8 40.3 53.3 54.2 2.8 36.0
2015 I 315.8 164.1 52.3 41.9 42.6 0.5 14.3 369.5 62.5 51.6 54.5 180.1 2.0 18.9II 325.1 155.1 46.9 47.2 43.0 5.9 27.0 242.5 91.8 56.0 43.5 33.0 2.0 16.1
Preliminary data.
over 3 up to 6 months
over 6 upto 12 months
over 1 upto 2 years
over2 years
annual effective interest rate
volumes in million BGN
over 6 upto 12 months
over 1 upto 2 years
over2 years
over 1 day upto 1 month
over 1 upto 3 months
INTEREST RATES AND VOLUMES OF NEW BUSINESS ON DEPOSITS WITH AGREED MATURITY OF NON-FINANCIAL CORPORATIONS SECTOR
Deposits with agreed maturityin BGN in EUR
over 1 day upto 1 month
over 1 upto 3 months
over 3 up to 6 months
11
2014 II 0.29 0.28 3.35 2.49 3.11 3.45 3.87 4.61 2.69 3.36 1.44 2.33 4.25 3.91 4.46 3.60 0.39 0.39 - 0.22 0.22 -III 0.29 0.25 3.30 2.66 2.90 3.29 3.80 4.56 2.83 3.44 1.26 2.43 4.54 3.77 4.30 4.29 0.39 0.39 - 0.23 0.23 -IV 0.29 0.26 3.20 2.33 2.78 3.41 3.78 4.62 2.66 3.39 1.32 2.68 4.29 3.62 3.74 4.43 0.36 0.36 - 0.25 0.25 -V 0.30 0.28 3.23 2.51 2.62 3.45 3.73 4.59 2.80 3.23 1.28 2.05 4.13 3.59 3.94 4.52 0.35 0.35 - 0.25 0.25 -VI 0.32 0.26 3.06 2.37 2.47 3.13 3.80 4.78 2.55 2.93 1.28 1.99 2.62 3.65 3.79 4.44 0.43 0.43 - 0.26 0.26 -VII 0.26 0.24 2.57 1.41 2.21 2.65 3.54 4.04 2.68 2.47 0.86 2.10 1.70 2.95 3.59 4.49 0.49 0.49 - 0.20 0.20 -VIII 0.26 0.25 2.53 1.52 2.16 2.57 3.44 4.03 2.59 2.41 0.83 2.00 1.58 2.90 3.61 4.43 0.55 0.55 - 0.17 0.17 -IX 0.25 0.25 2.47 1.61 2.09 2.52 3.32 4.33 2.57 2.38 0.97 2.04 1.58 2.74 3.61 4.46 0.52 0.52 - 0.22 0.22 -X 0.24 0.23 2.34 1.50 1.94 2.46 3.18 4.27 2.33 2.33 0.91 1.93 1.61 2.67 3.47 4.39 0.46 0.46 - 0.18 0.18 -XI 0.22 0.18 2.23 1.27 1.91 2.19 3.07 4.16 2.32 1.98 0.74 1.98 1.46 2.52 3.47 1.37 0.44 0.44 - 0.16 0.16 -XII 0.23 0.17 2.07 0.99 1.81 1.96 2.95 4.00 2.26 1.85 0.74 1.27 1.34 2.54 3.33 1.37 0.50 0.50 - 0.10 0.10 -
2015 I 0.22 0.16 2.07 1.05 1.73 1.86 2.99 4.09 2.21 1.80 0.58 1.18 1.43 2.34 3.30 1.36 0.29 0.29 - 0.10 0.10 -II 0.22 0.16 2.01 1.04 1.62 1.74 2.90 3.87 2.29 1.69 0.55 1.13 1.31 2.26 3.08 1.19 0.23 0.23 - 0.21 0.21 -
2014 II 6315.4 2374.1 3031.1 718.6 392.1 597.0 913.9 226.3 183.1 2704.8 327.8 569.2 580.1 856.0 176.4 195.3 16.9 16.9 - 2.4 2.4 -III 6263.9 2305.6 3089.3 721.9 386.2 729.4 841.7 230.1 180.0 2744.9 308.7 576.6 513.0 873.3 198.9 274.3 15.6 15.6 - 2.1 2.1 -IV 6024.9 2299.9 2927.6 715.9 354.9 643.3 835.7 184.9 193.0 2693.5 318.2 507.2 515.0 787.0 303.7 262.5 27.3 27.3 - 2.1 2.1 -V 6281.0 2406.9 2912.5 694.0 384.8 620.9 847.0 183.4 182.3 2868.0 289.5 636.2 582.7 874.7 229.8 255.1 27.1 27.1 - 2.4 2.4 -VI 6524.1 2802.4 2335.9 635.3 302.0 459.8 635.3 118.9 184.6 2483.9 277.0 516.3 480.7 798.3 153.9 257.7 31.2 31.2 - 2.4 2.4 -VII 6607.0 3034.4 2233.2 648.9 284.4 365.5 621.7 137.6 175.0 2495.3 336.8 387.5 517.7 851.4 148.2 253.7 19.3 19.3 - 2.3 2.3 -VIII 7049.6 3250.0 2230.6 676.2 295.9 346.4 615.6 134.5 162.0 2527.1 318.5 381.5 555.6 881.4 139.3 250.7 18.6 18.6 - 1.6 1.6 -IX 7048.7 3277.7 2363.5 750.4 319.3 407.7 617.0 107.5 161.7 2515.1 306.3 383.8 560.4 877.2 138.4 249.0 20.3 20.3 - 2.0 2.0 -X 7069.4 3343.9 2327.0 761.6 296.9 405.6 599.1 105.9 157.9 2488.1 293.3 372.2 543.7 898.7 142.5 237.6 13.0 13.0 - 2.0 2.0 -XI 6642.2 3199.9 1996.0 580.2 256.7 359.8 555.3 87.1 157.0 2079.1 263.2 321.0 457.9 788.8 137.0 111.3 10.5 10.5 - 2.2 2.2 -XII 7274.3 3051.6 1921.5 547.7 270.2 301.2 546.4 88.9 167.0 2002.0 288.7 244.4 411.3 810.6 119.8 127.1 10.7 10.7 - 2.5 2.5 -
2015 I 7265.5 3170.7 1892.3 525.9 264.6 304.2 534.0 85.6 178.0 1912.2 244.8 249.1 337.2 848.4 117.1 115.7 13.9 13.9 - 3.7 3.7 -II 7215.4 3155.2 1895.0 490.2 268.1 343.8 544.8 80.0 168.0 1894.3 273.1 260.3 300.9 840.5 104.5 115.1 11.4 11.4 - 1.3 1.3 -
annual effective interest rate
volumes in million BGN
1 For overnight deposits and deposits redeemable at notice, interest rates and volumes on new business and on outstanding amounts coincide. Preliminary data.
up to 3months
over 3months
up to 3months
over 3months
over 1day up to1 month
over 1 upto 3
months
over 3 up to 6
months
over 6 upto 12
months
over 1 upto 2
years
over2 years
in BGN in EUR
over 1day up to1 month
over 1 upto 3
months
over 3 up to 6
months
over 6 upto 12
months
over 1 upto 2
years
over2 years
INTEREST RATES AND VOLUMES OF OUTSTANDING AMOUNTS ON OVERNIGHT DEPOSITS, DEPOSITS WITH AGREED MATURITY AND DEPOSITS REDEEMABLE AT NOTICEOF NON-FINANCIAL CORPORATIONS SECTOR
Overnight deposits1 Deposits with agreed maturity
Deposits redeemableat notice1
in BGN in EUR
in BGN in EUR
12
2014 II 3.66 1.86 3.00 3.59 4.06 3.93 5.27 3.36 1.65 2.85 3.40 3.72 3.45 4.71III 3.56 1.73 3.13 3.47 3.94 3.92 5.39 3.27 1.49 2.81 3.33 3.60 3.76 4.01IV 3.51 1.73 3.01 3.44 3.89 3.84 5.65 3.22 1.50 2.89 3.18 3.60 3.75 3.67V 3.59 1.73 2.92 3.32 3.94 3.76 5.23 3.44 1.46 2.76 3.05 4.20 3.38 3.40VI 3.36 1.74 2.73 2.97 3.75 4.23 4.90 2.89 1.33 2.45 2.72 3.43 3.81 3.38VII 3.19 1.44 2.32 2.81 3.48 3.48 5.17 2.66 1.14 2.20 2.50 3.05 3.03 3.79VIII 2.72 1.40 2.27 2.76 3.08 3.23 5.33 2.50 1.16 2.28 2.42 2.88 2.86 2.87IX 2.75 1.31 2.05 2.66 3.13 3.45 5.72 2.56 1.17 2.05 2.40 3.01 2.99 3.72X 2.65 1.19 1.83 2.54 3.09 3.55 5.58 2.49 1.22 1.83 2.32 2.96 3.04 3.47XI 2.46 0.98 1.82 2.39 2.92 3.35 5.08 2.29 0.96 1.70 2.20 2.76 2.59 2.46XII 2.63 0.86 2.01 2.37 2.97 3.93 4.00 2.16 0.84 1.75 1.88 2.56 2.66 2.44
2015 I 2.36 0.87 1.57 2.18 2.79 3.24 3.24 2.05 0.73 1.45 1.78 2.49 2.50 2.32II 2.01 0.79 1.28 1.79 2.54 3.14 2.87 1.83 0.66 1.21 1.48 2.30 2.63 2.40
2014 II 662.7 103.1 73.3 114.9 251.6 37.3 82.5 534.3 62.5 56.9 130.6 212.8 32.8 38.8III 616.9 103.1 72.3 112.8 217.0 40.5 71.3 538.3 63.6 52.4 120.8 208.5 39.6 53.5IV 624.7 107.0 72.4 120.8 216.0 45.2 63.4 568.1 60.6 58.4 136.5 219.1 52.2 41.4V 629.5 95.2 57.5 107.7 221.4 49.6 98.2 573.7 60.0 50.7 114.0 260.9 49.2 39.0VI 604.3 116.1 53.2 103.0 186.5 49.2 96.2 677.6 106.1 63.9 135.8 264.5 48.5 58.8VII 707.2 109.3 63.4 116.5 254.0 62.8 101.3 799.3 108.9 66.9 160.9 327.5 75.7 59.4VIII 490.8 96.2 50.6 97.1 184.5 39.9 22.4 591.8 79.4 58.2 114.7 251.6 58.1 29.8IX 534.3 92.9 52.7 98.3 241.8 25.7 23.0 595.4 82.0 52.0 125.2 287.9 32.0 16.4X 554.0 98.6 55.3 105.1 248.4 22.7 23.8 630.6 87.6 52.1 142.2 308.7 25.9 14.2XI 506.0 92.7 51.8 93.1 226.8 21.6 20.2 568.4 74.5 44.3 135.4 267.0 26.0 21.2XII 1283.9 161.5 160.5 152.0 656.5 103.0 50.3 900.4 110.4 89.2 135.1 453.9 47.3 64.6
2015 I 734.0 101.1 77.2 107.2 370.0 47.9 30.6 634.0 75.0 60.2 104.7 315.5 38.6 39.9II 542.4 103.2 62.4 80.6 237.4 43.7 15.0 459.5 75.2 41.9 76.2 210.8 39.4 16.0
1 The Households sector also includes the NPISHs sector. Preliminary data.
over 3 up to 6 months
over 6 upto 12 months
over 1 upto 2 years
over2 years
annual effective interest rate
volumes in million BGN
over 6 upto 12 months
over 1 upto 2 years
over2 years
over 1 day upto 1 month
over 1 upto 3 months
INTEREST RATES AND VOLUMES OF NEW BUSINESS ON DEPOSITS WITH AGREED MATURITY OF HOUSEHOLDS 1 SECTOR
Deposits with agreed maturityin BGN in EUR
over 1 day upto 1 month
over 1 upto 3 months
over 3 up to 6 months
13
2014 II 0.69 1.63 4.19 1.76 2.76 4.35 4.30 5.48 6.48 3.74 1.50 2.59 3.34 4.06 4.98 5.24 3.98 3.98 - 4.65 4.65 -III 0.68 1.67 4.14 1.69 2.68 4.33 4.23 5.40 6.42 3.69 1.50 2.55 3.28 4.00 4.90 5.17 3.96 3.96 - 4.63 4.63 -IV 0.65 1.72 4.10 1.71 2.59 4.29 4.18 5.31 6.39 3.63 1.46 2.38 3.20 3.96 4.79 5.11 3.93 3.93 - 4.60 4.60 -V 0.67 1.74 4.05 1.64 2.54 4.23 4.14 5.21 6.34 3.60 1.42 2.37 3.12 3.94 4.71 5.01 3.89 3.89 - 4.58 4.58 -VI 0.61 1.53 3.96 1.53 2.45 4.08 4.08 5.07 6.24 3.50 1.40 2.33 2.98 3.84 4.60 4.86 3.70 3.70 - 4.34 4.34 -VII 0.57 1.45 3.63 1.35 2.32 2.95 3.95 4.95 6.16 3.35 1.14 2.17 2.82 3.71 4.46 4.80 2.47 2.47 - 2.62 2.62 -VIII 0.56 1.41 3.54 1.25 2.20 2.85 3.85 4.87 6.12 3.24 1.10 2.06 2.70 3.60 4.34 4.70 2.43 2.43 - 2.56 2.56 -IX 0.57 1.40 3.45 1.22 2.07 2.77 3.75 4.84 6.05 3.14 1.03 1.88 2.59 3.49 4.31 4.62 2.39 2.39 - 2.52 2.52 -X 0.53 1.43 3.36 1.15 1.94 2.68 3.64 4.79 5.98 3.04 0.92 1.74 2.47 3.39 4.26 4.57 2.31 2.31 - 2.42 2.42 -XI 0.52 1.42 3.25 1.01 1.85 2.38 3.52 4.73 5.96 2.94 0.85 1.62 2.33 3.29 4.20 4.47 2.17 2.17 - 2.17 2.17 -XII 0.50 1.18 3.09 0.87 1.55 2.23 3.34 4.60 5.87 2.79 0.75 1.43 2.10 3.16 4.09 4.31 2.15 2.15 - 2.14 2.14 -
2015 I 0.44 1.02 3.01 0.80 1.51 2.08 3.26 4.52 5.75 2.72 0.65 1.31 1.92 3.10 4.05 4.19 1.90 1.90 - 1.95 1.95 -II 0.41 0.87 2.92 0.76 1.49 1.97 3.15 4.41 5.69 2.63 0.59 1.24 1.81 3.01 3.97 4.15 1.79 1.79 - 1.84 1.84 -
2014 II 4391.3 1000.7 10530.2 880.2 978.0 2345.1 4791.6 851.0 684.3 9090.0 608.3 973.3 1746.7 4505.9 742.5 513.1 6389.5 6389.5 - 4061.6 4061.6 -III 4316.0 990.7 10553.6 882.1 973.9 2311.5 4819.7 862.5 703.9 9070.7 601.1 976.0 1692.0 4512.1 757.6 532.0 6453.5 6453.5 - 4155.6 4155.6 -IV 4499.0 975.8 10591.1 881.1 970.1 2294.2 4852.4 869.4 724.0 9053.3 598.2 930.2 1655.2 4538.8 780.7 550.3 6551.4 6551.4 - 4212.7 4212.7 -V 4373.6 971.4 10638.2 871.9 970.7 2264.4 4887.1 884.3 759.9 9124.4 593.9 939.6 1621.0 4597.2 805.2 567.5 6637.5 6637.5 - 4260.7 4260.7 -VI 4388.8 1029.9 10342.9 856.3 938.7 2157.6 4770.3 870.4 749.5 9127.3 629.3 962.2 1580.4 4557.1 807.3 591.1 6406.3 6406.3 - 4297.2 4297.2 -VII 4357.1 1003.6 10248.2 853.2 927.0 2113.5 4739.6 854.9 760.0 9201.8 654.7 965.4 1585.5 4559.0 827.6 609.6 6444.5 6444.5 - 4430.3 4430.3 -VIII 4441.9 1017.7 10197.9 848.5 917.8 2096.7 4717.9 851.7 765.1 9243.0 660.3 978.0 1581.5 4567.8 832.0 623.5 6550.3 6550.3 - 4494.1 4494.1 -IX 4436.5 1021.8 10160.7 841.1 915.3 2071.6 4732.7 829.6 770.5 9230.7 658.8 964.9 1571.6 4598.1 810.9 626.4 6631.7 6631.7 - 4561.9 4561.9 -X 4482.3 1016.9 10117.1 828.3 903.2 2049.3 4751.1 807.3 777.8 9225.4 656.1 964.0 1560.8 4628.3 789.1 627.1 6691.3 6691.3 - 4634.7 4634.7 -XI 4517.3 1018.8 9634.3 836.7 906.4 1600.7 4728.6 790.6 771.2 9227.3 652.2 964.9 1565.7 4633.1 771.4 640.1 5272.4 5272.4 - 3101.5 3101.5 -XII 5136.7 1091.5 10566.7 893.5 1021.6 1660.2 5290.6 869.1 831.6 9681.9 690.8 1024.2 1574.8 4908.0 791.7 692.3 6398.0 6398.0 - 3485.4 3485.4 -
2015 I 5188.4 1073.6 10771.3 883.9 1054.2 1659.5 5420.0 892.4 861.3 9807.9 680.6 1015.0 1554.5 5027.0 809.4 721.3 6398.9 6398.9 - 3478.0 3478.0 -II 5214.2 1076.2 10881.9 895.4 1071.0 1646.4 5483.9 917.9 867.3 9873.8 684.5 1027.1 1546.0 5057.3 831.5 727.5 6414.3 6414.3 - 3484.0 3484.0 -
annual effective interest rate
volumes in million BGN
1 The Households sector also includes the NPISHs sector. 2 For overnight deposits and deposits redeemable at notice, interest rates and volumes on new business and on outstanding amounts coincide. Preliminary data.
up to 3months
over 3months
up to 3months
over 3months
over 1day up to1 month
over 1 upto 3
months
over 3 up to 6
months
over 6 upto 12
months
over 1 upto 2
years
over2 years
in BGN in EUR
over 1day up to1 month
over 1 upto 3
months
over 3 up to 6
months
over 6 upto 12
months
over 1 upto 2
years
over2 years
INTEREST RATES AND VOLUMES OF OUTSTANDING AMOUNTS ON OVERNIGHT DEPOSITS, DEPOSITS WITH AGREED MATURITY AND DEPOSITS REDEEMABLE AT NOTICEOF HOUSEHOLDS 1 SECTOR
Overnight deposits2 Deposits with agreed maturity
Deposits redeemableat notice2
in BGN in EUR
in BGN in EUR
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METHODOLOGICAL NOTES
The statistics of the interest rates applied by the banks, prepared by the BNB, is based on a harmonized methodology for the euro area countries specified in Regulation (EC) № 63/2002 of the European Central bank of 20 December 2001 (ЕСВ/2001/18) 1. This statistics presents information about the interest rates, volumes of new business and outstanding amounts of deposits and loans of the Non-financial Corporations and Households and NPISHs 2 sectors. The classification by institutional sectors is in accordance with the requirements of the European System of Accounts 1995 (ESA’95) 3.
The “Interest Rate Statistics” publication also comprises interbank market indices, BIR and yield to maturity on government securities.
Deposits and loans of the Non-financial Corporations and Households and NPISHs sectors
Types of interest rates and methods of calculation
● Effective annual interest rates. They are average weighted with the volumes of new business throughout the reporting period or the outstanding amounts as of the end of the reporting period. They include all interest payments on deposits and loans excluding other charges related to these instruments.
● Annual percentage rate of charge (APRC). It represents the total cost of the loan to the borrower expressed as an annual percentage of the amount of the extended loan. The APRC comprises all the interest payments on a loan, as well as all fees, commissions and other charges a client has to pay in order to obtain the loan. It is calculated for consumer loans and loans for house purchase only.
Interest rates and volumes on new business and outstanding amounts:
● New business – every new agreement between the client and the reporting agent. New agreements are contracts that specify for the first time the interest rate, maturity and other conditions of the deposit or loan. A new agreement is also every renegotiation of the interest rate, maturity and/or other conditions of an existing contract when the possibility for this renegotiation has not been previously provided for in it, as well as the renegotiation of the maturity with the active involvement of the client;
● Outstanding amounts – all liabilities of the reporting agents to their clients on deposits and all claims of the reporting agents on loans with the exception of restructured loans and loans with impaired performance past-due over 90 days (the categories correspond to “non-performing exposures”, “loss” and “restructured loans” according to the repealed Ordinance No. 9 of the BNB 4).
1 Regulation (EC) No 63/2002 of the European Central bank of 20 December 2001 (ЕСВ/2001/18) concerning statistics on interest rates applied by monetary financial institutions to deposits and loans vis-à-vis households and non-financial corporations. 2 Non-profit institutions serving households. 3 Detailed sectoral classification in accordance with the requirements of the European System of Accounts (ESA’95) is available on the BNB website in section www.bnb.bg/ Statistics/ Methodological Notes/ Institutional Sectors. 4 Ordinance No. 9 of the BNB of 3 April 2008 on the Evaluation and Classification of Risk Exposures of Banks and the Allocation of Specific Provisions for Credit Risk.
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Breakdown by sector
The interest rate statistics covers loans and deposits of non-financial corporations, households and NPISHs residents of the Republic of Bulgaria.
● Non-financial corporations sector (Sector S.11 by ESA’95) – consists of institutional units which are market producers and whose principal activity is the production of goods and/or non-financial services.
● Households and NPISHs sector (Sectors S.14 and S.15 by ESA’95) includes the following subsectors:
– Households sector (Sector S.14) – individuals or groups of individuals as consumers and possibly also as entrepreneurs producing market goods and services (market producers), as well as producers of goods and non-financial services for exclusively own final use. The subsector also includes sole proprietorships and partnerships without independent legal status.
– Non-profit institutions serving households sector (Sector S.15) – separate legal entities, whose principal activity is connected to serving, supporting and assisting households. Their principal resources, apart from those derived from occasional sales, are derived from voluntary contributions in cash or in kind from households in their capacity as consumers, from payments made by the General government sector and from property income. Here are included trade unions, political parties, foundations, associations, churches or religious societies, social, cultural and sports clubs.
Breakdown by instrument
● Overnight deposits – deposits without fixed maturity, which are immediately convertible in cash and/or transferable at demand by banker's order or cheque without any restriction or penalty. This instrument also includes deposits up to 1 day. (Interest rates and volumes on new business and on outstanding amounts for this instrument coincide.)
● Deposits redeemable at notice – non-transferable deposits without any agreed maturity, which cannot be paid in cash without a period of prior notice. The instrument includes non-transferable savings deposits without a fixed maturity, which serve as store of money belonging to the households against the issue of a personal savings book or similar document, as well as other deposits with similar characteristics. (Interest rates and volumes on new business and on outstanding amounts for this instrument coincide.)
● Deposits with agreed maturity – deposits that are not immediately available as they have an agreed term or other restrictions on their withdrawal. These deposits cannot be used in settlements and they are not convertible in cash without any restrictions or penalties. Time deposits and other deposits with similar characteristics are included here (amounts deposited as a security for open letters of credit, amounts pledged as collateral, amounts blocked in relation to legal proceedings and other amounts blocked in deposit accounts, etc.) as well as liabilities on loans.
● Loans – claims on funds lent by reporting agents to borrowers as well as claims transferred from third parties. Restructured loans and loans with impaired performance past-due over 90 days (the categories correspond to “non-performing exposures”, “loss” and “restructured loans” according to the repealed Ordinance No. 9 of the BNB 4) are not included in the scope of interest rate statistics. Loans are divided in two subcategories: overdraft and loans other than overdraft5. (Interest rates and volumes on new business and on outstanding amounts for overdraft coincide.)
5 Claims on repurchase agreements of the reporting agents are included in the instrument loans other than overdraft.
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Breakdown by currency
● BGN ;
● EUR, expressed in its BGN equivalent.
Breakdown by purpose of loans (only for sector Households and NPISHs ) ● Consumer loans – loans granted for the purpose of personal use of the households in the consumption of goods and services.
● Loans for house purchases – loans extended to households for the purpose of investing in housing for own use or rental, including building and home improvements.
● Other loans – all other loans extended to households, including loans for education and medical treatment. Loans for commercial or production purposes and loans to NPISHs are also included.
Breakdown by agreed size of the loan (only for sector Non-financial corporations)
● loans up to an amount of EUR 1 million expressed as its BGN equivalent (the limit of EUR 1 million refers to every individual loan).
● loans over an amount of EUR 1 million expressed as its BGN equivalent (the limit of EUR 1 million refers to every individual loan).
Breakdown by agreed period
● Original maturity – the initially agreed period of time during which the loan cannot be repaid and the deposit redeemed without any kind of penalty.
● Period of initial rate fixation – the predetermined period of time at the start of a loan contract during which the value of the agreed interest rate cannot be changed.
● Period of notice – the period of time between the moment the holder gives notice of an intention to withdraw funds to the reporting unit and the date on which the holder is allowed to convert it in cash without incurring a penalty.
Reporting period
The reporting period is one calendar month. End-of-month information is presented for the purpose of interest rate statistics on outstanding amounts. Interest rate statistics on new business includes data on all new agreements concluded during the reporting period.
Revision policy
In accordance with the requirements set out in the document of the European Central Bank ECB Guideline 2007/9 6, as a rule historical data may be revised with the publication of the data
for March, June, September and December. Thus consistency between monetary and interest rate statistics is ensured.
6 Guideline of the European Central Bank of 1 August 2007 on monetary, financial institutions and markets statistics (recast) (ECB/2007/9) as amended by Guideline ECB/2008/31 and Guideline ECB/2009/23.
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Revisions of published data are made in the following cases:
● Obtained additional information, incorrect classification, improved reporting procedures and correction of mistakes in the data submitted by reporting agents;
● Change in the methodological standards of monetary and interest rate statistics.
Revisions are marked with the sign r.
Data source
Reporting agents are all banks in Bulgaria, including branches of foreign banks.
Interbank market Scope
● Base interest rate (BIR): The BIR for the current month equals the simple average of the values of the index LEONIA for the business days of the preceding month.
● Interbank market indices:
– LEONIA (LEONIA: LEv OverNight Interest Average): LEONIA is an interest rate of BGN overnight unsecured transactions in the interbank market;
– SOFIBOR (Sofia Interbank Offered Rate) and SOFIBID (Sofia Interbank Bid Rate): a fixing of the quotes for unsecured BGN deposits offered in the Bulgarian interbank market. It is produced for a set of maturities every business day as an average of the ask quotes and the respective bid rates provided by a representative panel of banks.
Data processing Monthly data on indices are calculated as a simple average of daily data.
Reporting period The reporting period is one calendar month.
Data source Bank Policy Directorate of the BNB.
Yield to maturity on government securities. Long-Term Interest Rate for Convergence Assessment Purposes Scope ● Primary and secondary market yield to maturity on interest-bearing government securities.
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● Long-term interest rate for convergence assessment purposes (LTIR) is determined on the basis of the secondary market yield to maturity of a long-term government bond (benchmark bond) issued by the Ministry of Finance (Central Government sector) and denominated in the national currency. The LTIR is calculated in accordance with the requirements of the European Central Bank. Additional information regarding the LTIR is published on the web site of the BNB (Statistics/Monetary and Interest Rate Statistics/ Interest Rate
Statistics/Long-term Interest Rate for Convergence Assessment Purposes). Data processing
● The yield to maturity of government securities is calculated as an average weighted effective yield to maturity on individual transactions between primary dealers of government securities during the reporting period. The securities are grouped by their original maturity.
● The monthly value of the LTIR is the simple average of its daily values. Reporting period
The reporting period is one calendar month. Data source
Fiscal Services Department of the BNB – for the yield on government securities.
Data Dissemination
The Bulgarian National Bank publishes a complete set of tables of interest rates statistics in a data base organised as a set of time series on its website. An archive containing sets of the data series as of the date of publication of a given reporting period is available on the website of the BNB in the Interest Rate Statistics Archive subsection.
Selected indicators, representative for the interest rate statistics and organised in tables are published in the “Monthly Bulletin” of the BNB, the January – June report and the Annual report of the BNB.
Data is simultaneously released to all interested parties. The publication dates are announced in the Statistical Data Release Calendar7.
Contacts Should you have any questions on the data and the applied methodology, please do not hesitate to contact the press office of the Bulgarian National Bank ([email protected]) or Ms. Daniela Dobreva, Head of Monetary and Banking Statistics Division ([email protected]).
Last update as of 28 January 2015
7 The Statistical Data Release Calendar is available on the BNB website in section www.bnb.bg/ Press Office/ Events/ Calendar.
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