(Per cent per annum)
| Item | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 |
| Central Bank Rate
Treasury Bills 3 months Treasury Bonds 3 years Treasury Bonds 5 years Call Deposits Fixed Deposits 3 months 6 months 9 monhts Savings Deposits Savings Certificates Lending Rates Co-operative Working Capital Loans 2/ Term Loans Paddy Loans Trade Overdrafts Working Capital Loans Medium Term Loans Term Loans Agriculture To village banks To farmers Housing and other Professional Loans 3/ Small Personal Loans Private Banks Deposits (Ave.) Savings Deposits Fixed Deposits (3 months) 8/ Fixed Deposits (9 months)
|
11
4 10 10.5 3
8.5 9 9.5 8 1/ 10.9
15 12 12
15.5 15 12 12
13 18
15 36
- - -
|
11
4 10 10.5 3
8.5 9 9.5 10 4/ 12 4/
16.5 4/ 15 4/ 14
17 4/ 16.5 4/ 15 4/ 14.5 4/
13 18
15 36
10.5 - 10.2
|
11
4 10 10.5 3
8.5 9 9.5 10 12
16.5 15 14.5
17 16.5 15 14.5
13 18
15 36
10.7 9.7 10.4
|
11
4 10 10.5 3
8.5 9 9.5 10 12
16.5 15 -
17 16.5 15 14.5
13 18
15 36
10.8 10.2 10.9
|
12.5 5/
4 10 10.5 3
9.5 6/ 10 6/ 10.5 6/ 10 12
16.5 15 -
17 16.5 15 14.5
13 18
15 36
11.6 10.9 11.6
|
15 7/
4 13.5 7/ 14 7/ 3
12 7/ 12.5 7/ 13 7/ 12 7/ 15 7/
16.5 15 -
18.5 7/ 18 7/ 17 7/ 16.5 7/
13 18
15 36
13.5 12.7 13.5
|
15
4 13.5 14 3
12 12.5 13 12 15
16.5 15 -
18.5 18 17 16.5
13 18
15 36
13.5 n.a. 13.5
|
| Private Bank Loans (Average)
Loans Overdrafts |
- - |
16 16.5 |
16.4 16.9 |
16.8 17.2 |
17.8 18.3 |
19.7 20.3 |
19.7 20.3
|
Source: Central Bank of Myanmar
1/ - Plus 2 per cent premium rate on 3 year minimum balances.
2/ - Overdrafts are charged 0.5 per cent above loan rates.
3/ - Interest free for housing loans for government employees starting from April 1990.
4/ - Effective from July 1, 1992.
5/ - Effective from January 1, 1995.
6/ - Effective from April 1, 1995.
7/ - Effective from April 1, 1996.
8/ - In the absence of a formal money market, 3-month fixed deposits rate of the private banks can be taken as a proxy for short term inter-bank rate.