Higher interest rates to households
Lending rates to households rose somewhat in January compared to December. The average rate for a new household loan through MFIs was 1.96 percent in January and 1.89 percent in December. Most of the new household loans are taken with floating interest rates and these loans averaged 1.80 percent in January. This was an increase from 1.73 percent in December.
MFIs' lending rates for new loans to non-financial corporations averaged 1.60 percent in January. This was lower than in December when the interest rate was 1.72 percent. In December 2009 the interest rate on new loans to non-financial corporations was 3.06 percent.
Positive growth for M3
The growth rate for the narrow monetary aggregate M1 was 7.5 percent in January. This was somewhat lower than in December when the growth rate was 7.9 percent. In total, M1 amounted to SEK 1 624 billion.
The growth rate for the broad monetary aggregate M3 was 0.7 percent, after having been -2.7 percent in December. In total, M3 amounted to SEK 2 227 billion in January, an increase of SEK 39 billion compared to December. The sub-item that contributed the most to the increase is the holdings of short-term securities of the general public.