The Federal Reserve Board eagle logo links to home page

Statistical Supplement | January 2006

Statistical Supplement to the Federal Reserve Bulletin, January 2006
1.33  Prime Rate Charged by Banks, Short-Term Business Loans1
Percent per year

Date of change

Average rate per year

Average rate by month,
2002 | 2003 | 2004 | 2005
Date of
change		 Rate
2001--January 4 9.00
2001--February 1 8.50
2001--March 21 8.00
2001--April 19 7.50
2001--May 16 7.00
2001--June 28 6.75
2001--August 22 6.50
2001--September 18 6.00
2001--October 3 5.50
2001--November 7 5.00
2001--December 12 4.75
   
2002--November 7 4.25
   
2003--June 27 4.00
   
2004--June 30 4.25
2004--August 10 4.50
2004--September 21 4.75
2004--November 10 5.00
2004--December 14 5.25
   
2005--February 2 5.50
2005--March 22 5.75
2005--May 3 6.00
2005--June 30 6.25
2005--August 9 6.50
2005--September 20 6.75
2005--November 1 7.00
Return to top 
Year Average
rate
2001 6.91
2002 4.67
2003 4.12
2004 4.34
Return to top 
 
2002 Average
rate
January 4.75
February 4.75
March 4.75
April 4.75
May 4.75
June 4.75
July 4.75
August 4.75
September 4.75
October 4.75
November 4.35
December 4.25
Return to top 
2003 Average
rate
January 4.25
February 4.25
March 4.25
April 4.25
May 4.25
June 4.22
July 4.00
August 4.00
September 4.00
October 4.00
November 4.00
December 4.00
Return to top 
2004 Average
rate
January 4.00
February 4.00
March 4.00
April 4.00
May 4.00
June 4.01
July 4.25
August 4.43
September 4.58
October 4.75
November 4.93
December 5.15
Return to top 
2005 Average
rate
January 5.25
February 5.49
March 5.58
April 5.75
May 5.98
June 6.01
July 6.25
August 6.44
September 6.59
October 6.75
November 7.00
Return to top 

1. The prime rate is one of several base rates that banks use to price short-term business loans. The table shows the date on which a new rate came to be the predominant one quoted by a majority of the twenty-five largest banks by asset size, based on the most recent Call Report. Data in this table also appear in the Board's H.15 (519) weekly statistical release.   Return to table

Statistical Supplement | January 2006 | Tips for printing wide tables | Symbols and Abbreviations

Accessibility | Contact us
Last update: January 26, 2006