samlet årgang - Økonomisk Institut - Københavns Universitet

INTEREST-RATE DEVELOPMENT IN DENMARK 1875-2003 – A SURVEY 165
Annex B:
Danish interest rates 1875-2003, annual averages, per cent per annum.
Year Official Private banks’ Market rate of Government Yield on
discount average discount/Money bond yield mortgagerate
deposit rate market rate credit bonds
1875 5.22 4.00 5.38 4.33 4.60
1876 5.26 4.02 5.60 4.38 4.90
1877 5.38 4.09 5.62 4.50 5.00
1878 4.41 3.98 5.13 4.50 5.00
1879 3.62 3.71 4.00 4.30 4.60
1880 3.39 3.67 3.48 4.13 4.40
1881 3.12 3.59 3.57 4.08 4.60
1882 4.08 3.72 4.35 4.08 4.30
1883 4.25 3.83 4.67 4.05 4.40
1884 4.07 3.82 4.53 4.00 4.40
1885 3.85 3.80 4.34 4.00 4.40
1886 3.39 3.67 4.05 3.85 4.10
1887 3.00 3.41 3.50 3.60 3.80
1888 3.00 3.29 3.34 3.55 3.70
1889 3.16 3.36 3.57 3.53 3.70
1890 3.73 3.53 4.11 3.60 3.80
1891 4.00 3.65 4.39 3.75 3.90
1892 3.68 3.55 4.28 3.73 4.00
1893 3.68 3.47 4.08 3.70 3.90
1894 3.53 3.50 4.00 3.58 3.80
1895 3.50 3.31 3.92 3.43 3.60
1896 3.52 3.33 3.86 3.50 3.60
1897 4.41 3.49 4.62 3.50 3.70
1898 4.28 3.52 4.58 3.50 3.70
1899 5.40 3.77 5.67 3.65 4.20
1900 5.87 4.14 6.22 3.78 4.40
1901 5.33 4.21 5.75 3.60 4.50
1902 4.05 3.90 4.46 3.55 4.30
1903 4.31 3.80 4.54 3.50 4.30
1904 4.50 3.79 4.79 3.60 4.40
1905 4.29 3.81 4.55 3.55 4.20
1906 5.22 4.08 5.45 3.58 4.30
1907 6.18 4.30 6.42 3.63 4.40
1908 6.14 4.36 6.78 3.70 4.50
1909 4.94 4.11 5.34 3.68 4.30
1910 5.00 4.07 5.35 3.70 4.40
1911 4.62 3.97 4.99 3.75 4.30
1912 5.06 4.03 5.38 3.93 4.40
1913 5.75 4.18 5.98 4.20 4.60
1914 5.52 4.28 5.97 4.25 4.70
1915 5.27 4.25 5.98 5.20 5.00
1916 5.00 4.14 5.28 4.90 4.90
Continued ...