Weights on deposit rates – new business

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Description: This table shows new business volumes, which are used for the weighting of the interest rates (see table “deposit rates – new business”), which Austrian MFIs pay on new deposits. New business is defined as all financial contracts, terms and conditions that specify for the first time the interest rate of the deposit and all new negotiations of existing deposits. The volumes are broken down by maturities and economic sectors.

Source: OeNB.

Definitions and terms: New business, volumes, deposit rate, interest rate, interest, stratified sample, sample, annualized agreed rate.

Legal basis: Community legislation, Article 44 Austrian Banking Act complementary to Community legislation, regulations of the Council of the European Union, ECB regulations.

Methodology: Sample (stratified sample), monthly.

Reporting institutions: Austrian MFIs.

Standards and codes: Sectors according to ESA 2010.

Index: Interest rate, interest, volumes, ECB interest rate statistics, interest rate statistics

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