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Short-Term Interest Rates As At 15 April 1980

Volume 984: debated on Tuesday 6 May 1980

The text on this page has been created from Hansard archive content, it may contain typographical errors.

Belgium

17·75 min and 0·125 per cent. per quarter on limit of facility.

Denmark

15–17 plus a commission of 0·5–0.75 per cent. per quarter on limit of facility and establishment commission of 1·50–2 per cent. flat.

France

14·80 plus commission of 0·05 per cent. per month on highest debit balance in month.

Italy

21·50

Luxembourg

9·50–10–75

The Netherlands

13·50–14 including surcharge of 1 per cent.

Republic of Ireland

18–18·75

United Kingdom

18–23

West Germany

11–13·25 sometimes reduced for first-class borrowers.

Source: Williams & Glyn's Bank Ltd. European Interest Rates.