1360.0 - Measuring Australia's Economy, 2003  
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Contents >> Section 9. International Comparisons >> Short-term Interest Rates



SHORT-TERM INTEREST RATES (% per annum)(a)
Period
United States
Japan
Euro Area
United Kingdom
Australia

ANNUAL
1996-1997
5.66
0.61
4.29
6.66
5.35
1997-1998
5.60
0.58
4.00
7.63
5.32
1998-1999
5.13
0.07
2.63
5.12
4.93
1999-2000
6.73
0.08
4.50
6.14
6.23
2000-2001
3.74
0.03
4.45
5.19
4.97
2001-2002
1.81
0.03
3.46
4.11
5.07

MONTHLY
2000-2001
June
3.74
0.03
4.45
5.19
4.97
2001-2002
July
3.66
0.04
4.47
5.19
5.04
August
3.48
0.05
4.35
4.93
4.95
September
2.87
0.03
3.98
4.65
4.55
October
2.31
0.04
3.60
4.36
4.36
November
2.03
0.04
3.39
3.93
4.28
December
1.83
0.05
3.34
3.99
4.25
January
1.74
0.06
3.34
3.98
4.26
February
1.82
0.14
3.36
3.98
4.31
March
1.91
0.17
3.39
4.06
4.46
April
1.87
0.05
3.41
4.11
4.59
May
1.82
0.05
3.46
4.08
4.84
June
1.81
0.03
3.46
4.11
5.07
2002-2003
July
1.79
0.04
3.41
3.99
4.98
August
1.73
0.03
n.y.a.
n.y.a.
n.y.a.

(a) Rates are three month Certificate of Deposit (United States and Japan), three month European Interbank Offered Rate (Euro Area), 3-month interbank loans (United Kingdom) and 90 Day Bank Accepted Bills (Australia)

Source: Organisation for Economic Co-operation and Development.


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