Economy > Financial sector > Interest rates Stats: compare key data on Australia & Serbia and Montenegro
Definitions
- Deposit interest rate: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits."
- Interest rate spread > Lending rate minus deposit rate: Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits."
- Lending interest rate: Lending interest rate is the rate charged by banks on loans to prime customers.
- Real interest rate: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.
- Risk premium on lending > Prime rate minus treasury bill rate: Risk premium on lending is the interest rate charged by banks on loans to prime private sector customers minus the ""risk free"" treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government."
SOURCES: International Monetary Fund, International Financial Statistics and data files.; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; International Monetary Fund, International Financial Statistics database.
