 |
|
|
|
|
|
Short-term borrowings
Short-term borrowings include Deposits by banks as reported
in ‘Deposits’.
|
|
Deposits by banks (excluding trading business) |
|
|
|
|
 |
|
|
2000 |
1999 |
1998 |
|
|
£m |
£m |
£m |
|
|
|
Year-end balance |
32,445 |
26,915 |
25,951 |
|
Average balance |
35,201 |
25,716 |
29,637 |
|
Maximum balance |
45,923 |
35,384 |
35,092 |
|
Average interest rate during year |
4.2% |
3.7% |
4.1% |
|
Year-end interest rate |
4.5% |
3.8% |
4.4% |
|
|
|
|
|
|
|
|
Commercial paper
Commercial paper is issued by the Group, mainly in the
United States, generally in denominations of not less than
$100,000, with maturities of up to 270 days.
|
|
|
2000 |
1999 |
1998 |
|
|
£m |
£m |
£m |
|
|
|
Year-end balance |
2,209 |
1,082 |
1,098 |
|
Average balance |
2,001 |
857 |
913 |
|
Maximum balance |
3,668 |
2,131 |
1,546 |
|
Average interest rate during year |
6.6% |
5.2% |
5.2% |
|
Year-end interest rate |
6.4% |
5.3% |
5.3% |
|
|
|
|
|
|
|
|
Negotiable certificates of deposit |
|
|
|
|
|
|
|
2000 |
1999 |
1998 |
|
|
£m |
£m |
£m |
|
|
|
Year-end balance |
22,413 |
19,496 |
14,764 |
|
Average balance |
20,918 |
19,781 |
17,971 |
|
Maximum balance |
29,125 |
26,118 |
20,573 |
|
Average interest rate during year |
5.2% |
5.0% |
6.2% |
|
Year-end interest rate |
6.3% |
5.3% |
6.4% |
|
|
