Bank Rate history — Changes in Bank Rate, Minimum Lending Rate, Minimum Band 1 Dealing Rate, Repo Rate and Official Bank Rate（HISTORICAL SINCE 1694）

Claims Supported by This Source

1. 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%
2. 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.

How to read the verification levels. 'Read' means the material was read in its entirety. 'Bibliography and abstract confirmed' means the bibliographic information and abstract were verified. 'Via course material' means the source was referenced through the main text of a book or a country's monetary history. The text hash is the SHA-256 of the main text from the original source page, excluding tags and whitespace, used to detect if the material has been altered.