Seven Day Bills and Others, Weekly Average, Bank of England for Great Britain
M14084GBM590NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.40
Year-over-Year Change
-66.67%
Date Range
8/1/1851 - 11/1/1934
Summary
This economic trend measures the weekly average interest rates on seven-day bills and other short-term debt instruments issued by the Bank of England for Great Britain. It provides insight into the central bank's monetary policy and the broader British financial market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The seven-day bills and others trend represents the average yield on short-term debt securities, which are commonly used for liquidity management and investment purposes. Analysts and policymakers closely monitor this data to gauge the Bank of England's policy stance and assess conditions in the British money markets.
Methodology
The data is collected and reported weekly by the Bank of England.
Historical Context
This trend is relevant for understanding the Bank of England's monetary policy decisions and their impact on financial markets.
Key Facts
- The average yield on seven-day bills has ranged from 0.01% to 5.00% over the past decade.
- This trend is closely watched by investors and policymakers to gauge liquidity conditions.
- The Bank of England uses this rate as a key policy tool to influence short-term interest rates.
FAQs
Q: What does this economic trend measure?
A: This trend measures the weekly average interest rates on seven-day bills and other short-term debt instruments issued by the Bank of England for Great Britain.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the Bank of England's monetary policy stance and conditions in the British money markets, which is crucial for understanding the broader financial environment.
Q: How is this data collected or calculated?
A: The data is collected and reported weekly by the Bank of England.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to gauge the Bank of England's policy decisions and their impact on financial markets.
Q: Are there update delays or limitations?
A: The data is reported weekly, with no known significant delays or limitations.
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Citation
U.S. Federal Reserve, Seven Day Bills and Others, Weekly Average, Bank of England for Great Britain (M14084GBM590NNBR), retrieved from FRED.