Cash Rate

United Kingdom

Bank Rate, with peer official rates.

UK desk: Bank Rate first; euro area, US, Australia, Canada, NZ, Korea and Taiwan alongside.

SeriesRateLast changeAs of
Bank of England Bank Rate3.75%-0.25 pp on Dec 17, 2025SONIA sterling overnight index average3.73%0.00 pp vs previous readingECB deposit facility rate2.50%+0.25 pp on Sep 15, 2026US federal funds effective rate3.88%+0.25 pp vs previous readingCanada target for the overnight rate2.25%-0.25 pp on Oct 29, 2025Australia cash rate target4.35%+0.25 pp on May 5, 2026Japan policy rate1.00%+0.25 pp on Jun 16, 2026India repo rate5.25%-0.25 pp on Dec 4, 2025Bank of Korea Base Rate3.00%+0.25 pp on Aug 26, 2026Taiwan CBC discount rate2.00%+0.13 pp on Mar 21, 2024Brazil Selic target14.00%-0.25 pp on Aug 5, 2026Mexico overnight target rate6.50%-0.25 pp on May 7, 2026Switzerland SNB policy rate0.00%-0.25 pp on Jun 19, 2025Sweden policy rate1.75%-0.25 pp on Sep 30, 2025Norway policy rate4.25%+0.25 pp on May 7, 2026South Africa repo rate7.00%+0.25 pp on May 28, 2026New Zealand Official Cash Rate2.50%+0.25 pp on Jul 8, 2026Euro short-term rate (€STR)2.44%0.00 pp vs previous readingCanadian Overnight Repo Rate Average (CORRA)2.29%+0.01 pp on Sep 14, 2026NZ floating first-mortgage new-customer housing rate6.07%+0.25 pp vs previous readingNZ 90-day bank bill yield3.01%+0.01 pp on Aug 21, 2026NZ 6-month term deposit rate3.45%-0.01 pp on May 31, 2026

About these rates

Bank Rate is the rate paid on reserves held at the Bank of England. The Monetary Policy Committee sets it. SONIA, shown separately, measures actual unsecured overnight sterling transactions.

This page brings together central-bank policy rates, overnight market benchmarks such as SONIA, €STR and CORRA, and New Zealand lending and deposit rates from RBNZ surveys. These measures serve different purposes and are not interchangeable. Each series links to its history, definition, source and licence.

Choosing a country changes the order of the series, not their values or coverage. Euro-area countries share the ECB series; the site does not create national policy rates for them. Figures come from official files and are republished without alteration. Missing data is not estimated. Retail lending and deposit rates are available only for New Zealand. Readings may lag their source and are not financial advice.