CONSTRUCTION
-ON-LINE

Industry News
Building Materials

Bank Base Rates

From July 1996 to Present

		"Another useful" Construction-on-Line update service"
Month		Rate%	Source	Notes
July 11
June 11		0.50%	B of E	no change
May 11		0.50%	B of E	no change
Apr 11		0.50%	B of E	no change
Mar 11		0.50%	B of E	no change
Feb 11		0.50%	B of E	no change
Jan 11		0.50%	B of E	no change
Dec 10		0.50%	B of E	no change
Nov 10		0.50%	B of E	no change
Oct 10		0.50%	B of E	no change
Sept 10		0.50%	B of E	no change
Aug 10		0.50%	B of E	no change
Jul 10		0.50%	B of E	no change
Jun 10		0.50%	B of E	no change
May 10		0.50%	B of E	no change
Apr 10		0.50%	B of E	no change
Mar 10		0.50%	B of E	no change
Feb 10		0.50%	B of E	no change
Jan 10		0.50%	B of E	no change
Dec 09		0.50%	B of E	no change
Nov 09		0.50%	B of E	no change
Oct 09		0.50%	B of E	no change
Sept 09		0.50%	B of E	no change
Aug 09		0.50%	B of E	no change
July 09		0.50%	B of E	no change
Jun 09		0.50%	B of E	no change
May 09		0.50%	B of E	no change
April 09		0.50%	B of E	no change
Mar 09		0.50%	B of E	reduced 5th Mar 09
Feb 09		1.00%	B of E	reduced 5th Feb 09
Jan 09		1.50%	B of E	reduced 8th Jan 09
Dec 08		2.00%	B of E	reduced 4th Dec 08
Nov 08		3.00%	B of E	reduced 6th Nov 08
Oct 08		4.50%	B of E	reduced 8th Oct 08
Sept 08		5.00%	B of E	no change
Aug 08		5.00%	B of E	no change
July 08		5.00%	B of E	no change
June 08		5.00%	B of E	no change
May 08		5.00%	B of E	no change
April 08		5.00%	B of E	reduced 10th April 08
Mar 08		5.25%	B of E	no change
Feb 08		5.25%	B of E	reduced 7th Feb 08
Jan 08		5.50%	B of E	no change
Dec 07		5.50%	B of E	reduced 6th Dec 07
Nov 07		5.75%	B of E	no change
Sept 07		5.75%	B of E	no change
Aug 07		5.75%	B of E	no change
July 07		5.75%	B of E	increased 05/07/07
June 07		5.75%	B of E	no change
May 07		5.50%	B of E	increased 10/05/07
Apr 07		5.25%	B of E	no change
Mar 07		5.25%	B of E	no change
Feb 07		5.25%	B of E	no change
Jan 07		5.25%	B of E	increased 11/01/07
Dec 06		5.00%	B of E	no change
Nov 06		5.00%	B of E	increased 9/11/06
Sept 06		4.75%	B of E	no change
Aug 06		4.75%	B of E	increased 03/08/06
July 06		4.50%	B of E	no change
Jun 06		4.50%	B of E	no change
May 06		4.50%	B of E	no change
Apr 06		4.50%	B of E	no change
Mar 06		4.50%	B of E	no change
Feb 06		4.50%	B of E	no change
Jan 06		4.50%	B of E	no change
Dec 05		4.50%	B of E	no change
Nov 05		4.50%	B of E	no change
Oct 05		4.50%	B of E	no change
Sept 05		4.50%	B of E	no change
3 Aug 05		4.50%	B of E	decreased 03/08/05
July 05		4.75%	B of E	no change
June 05		4.75%	B of E	no change
May 05		4.75%	B of E	no change
Apr 05		4.75%	B of E	no change
Mar 05		4.75%	B of E	no change
Feb 05		4.75%	B of E	no change
Jan 05		4.75%	B of E	no change
Dec 04		4.75%	B of E	no change
Nov 04		4.75%	B of E	no change
Oct 04		4.75%	B of E	no change
Sep 04		4.75%	B of E	no change
5 Aug 04		4.75%	B of E	increased  05/08/04
July 04		4.50%	B of E	no change
10 Jun 04		4.50%	B of E	increased  10/06/04
06 May 04		4.25%	B of E	increased  06/05/04
08 Apr 04		4.00%	B of E	no change
04 Mar 04		4.00%	B of E	no change
05 Feb 04		4.00%	B of E	increased 05/02/04
Jan 04		3.75%	B of E	no change
Dec 03		3.75%	B of E	no change
Nov 03		3.75%	B of E	increased 06/11/03
Oct 03		3.50%	B of E	no change
Sep 03		3.50%	B of E	no change
Aug 03		3.50%	B of E	no change
July 03		3.50%	B of E	reduced 10/07/03
June 03		3.75%	B of E	no change
May 03		3.75%	B of E	no change
April 03		3.75%	B of E	no change
Mar 03		3.75%	B of E	no change
Feb 03		3.75%	B of E	reduced 06/02/03
Jan 03		4.00%	B of E	no change
Dec 02		4.00%	B of E	no change
Nov 02		4.00%	B of E	no change
Oct 02		4.00%	B of E	no change
Sept 02		4.00%	B of E	no change
Aug 02		4.00%	B of E	no change
July 02		4.00%	B of E	no change
June 02		4.00%	B of E	no change
May 02		4.00%	B of E	no change
Apr 02		4.00%	B of E	no change
Mar 02		4.00%	B of E	no change
Feb 02		4.00%	B of E	no change
Jan 02		4.00%	B of E	no change
Dec 01		4.00%	B of E	no change
Nov 01		4.00%	B of E	reduced 8 Nov 01
Oct 01		4.50%	B of E	reduced 4 Oct 01
Sept 01		4.75%	B of E	reduced 18 Sept 01
Aug 01		5.00%	B of E	reduced 2 Aug 01
July 01		5.25%	B of E	no change
June-01		5.25%	B of E	no change
May-01		5.25%	B of E	reduced 10 May 01
Apr-01		5.50%	B of E	reduced 5 April 01
Mar-01		5.75%	B of E	no change
Feb-01		5.75%	B of E	reduced 8 Feb01
Jan-01		6.00%	B of E	no change
Dec-00		6.00%	B of E	no change
Nov-00		6.00%	B of E	no change
Oct -00		6.00%	B of E	no change
Sep-00		6.00%	B of E	no change
Aug-00		6.00%	B of E	no change
July-00		6.00%	B of E	no change
June-00		6.00%	B of E	no change
May-00		6.00%	B of E	no change
Apr-00		6.00%	B of E	no change
Mar-00		6.00%	B of E	no change
Feb-00		6.00%	B of E	Increased 10 Feb 00
Jan-00		5.75%	B of E	Increased 13 Jan 00
Dec-99		5.50%	B of E	no change
Nov-99		5.50%	B of E	Increased 5th Nov
Oct-99		5.25%	B of E	no change
Sep-99		5.25%	B of E	Increased (early) Sept
Aug-99		5.00%	B of E	no change
Jul-99		5.00%	B of E	no change
Jun-99		5.00%	B of E	Reduced on 12th May
May-99		5.25%	B of E	no change
Apr-99		5.25%	B of E	Reduced on 6th April
Mar-99		5.50%	B of E	no change
Feb-99		5.50%	B of E	Reduced on 10th Dec
Jan-99		6.00%	B of E	Reduced on 4th Feb
Dec-98		6.25%	B of E	Reduced on 7th Jan
Nov-98		6.75%		reduction 0.50%
Oct-98		7.25%		reduction 0.25%
Sep-98		7.50%		no change
Aug-98		7.50%		no change
Jul-98		7.50%		no change
Jun-98		7.50%		increase 0.25%
May-98		7.25%		no change
Apr-98		7.25%		no change
Mar-98		7.25%		no change
Feb-98		7.25%		no change
Jan-98		7.25%		no change
Dec-97		7.25%		no change
Nov-97		7.25%		increase 0.25%
Oct-97		7.00%		no change
Sep-97		7.00%		no change
Aug-97		7.00%		increase 0.25%
Jul-97		6.75%		increase 0.25%
Jun-97		6.50%		increase 0.25%
May-97		6.25%		increase 0.25%
Apr-97		6.00%		increase 0.25%
Mar-97		6.00%		no change
Feb-97		6.00%		no change
Jan-97		6.00%		no change
Dec-96		6.00%		no change
Nov-96		6.00%		increase 0.25%
Oct-96		5.75%		no change
Sep-96		5.75%		no change
Aug-96		5.75%		reduction 0.25%
Jul-96		6.00%
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