SOURCE ROOM
Bank Rate history — Changes in Bank Rate, Minimum Lending Rate, Minimum Band 1 Dealing Rate, Repo Rate and Official Bank Rate(HISTORICAL SINCE 1694)
Bank of England
Claims Supported by This Source
- Official discount rate (Bank Rate) change dates and new rates: April 1842 4.0% → 7 September 1844 2.5% → 16 October 1845 3.0% → 6 November 3.5% → 27 August 1846 3.0% → 14 January 1847 3.5% → 21 January 4.0% → 8 April 5.0% → 5 August 5.5% → 30 September 6.0% → 25 October 8.0% → 22 November 7.0% → 2 December 6.0% → 23 December 5.0% → 27 January 1848 4.0% → 15 June 3.5% → 2 November 3.0% → 22 November 1849 2.5% → 26 December 1850 3.0%
- There are no rows for changes between 4.0% in April 1842 and 2.5% on 7 September 1844. The maximum between September 1844 and January 1848 was 8.0% on 25 October 1847.
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