The Bank of England's policy interest rate
The rate the Bank of England pays on reserves, set by its Monetary Policy Committee eight times a year.
Bank Rate is the UK's policy rate. It stands in for the three-month yield in the UK yield-curve indicator on worldstat.us, which makes that spread jump on decision days rather than drift with expectations.
On this site
- Bank Rate United Kingdom 3.75 % Context
- 10y gilt minus Bank Rate United Kingdom +1.56 pp Normal