Bank Rate, United Kingdom
Bank Rate was 3.75% in September 2026, unchanged from August 2026 and down 0.25 pp from a year earlier. The figure is published by Bank of England in Bank of England Database IUMABEDR. The series starts in January 2006 and has 249 observations. Source: Bank of England.
- On the previous reading (August 2026): unchanged, to 3.75%
- On a year earlier (September 2025): down 0.25 pp
- Against the five-year average of 3.67%: above
Sparklines: the last ten years; the amber dot marks the reading in the tile. Source: Bank of England. Contains public sector information licensed under the Open Government Licence v3.0. EconoMonitor is not affiliated with or endorsed by the Bank of England.
Overview
Over the last five years the series ranged from 0.10% (September 2021) to 5.25% (September 2023). Since January 2006 the full range is 0.10% (April 2020) to 5.75% (August 2007).
Key facts
| Reading | Period | Value |
|---|---|---|
| Latest | September 2026 | 3.75% |
| Previous | August 2026 | 3.75% |
| A year earlier | September 2025 | 4.00% |
| Five-year high | September 2023 | 5.25% |
| Five-year low | September 2021 | 0.10% |
| First observation | January 2006 | 4.50% |
Unit: percent. Source: Bank of England. Contains public sector information licensed under the Open Government Licence v3.0. EconoMonitor is not affiliated with or endorsed by the Bank of England.
How has it moved since January 2006?
Full history
- Bank Rate 3.8%
Last five years
- Bank Rate 3.8%
Latest readings
| Period | Value | Change from previous |
|---|---|---|
| September 2025 | 4.00% | -0.05 pp |
| October 2025 | 4.00% | 0.00 pp |
| November 2025 | 4.00% | 0.00 pp |
| December 2025 | 3.90% | -0.10 pp |
| January 2026 | 3.75% | -0.15 pp |
| February 2026 | 3.75% | 0.00 pp |
| March 2026 | 3.75% | 0.00 pp |
| April 2026 | 3.75% | 0.00 pp |
| May 2026 | 3.75% | 0.00 pp |
| June 2026 | 3.75% | 0.00 pp |
| July 2026 | 3.75% | 0.00 pp |
| August 2026 | 3.75% | 0.00 pp |
| September 2026 | 3.75% | 0.00 pp |
How does the latest reading compare?
The latest reading of 3.75% in September 2026 is above its five-year average of 3.67% and above its ten-year average of 2.03%. It is higher than 69% of all 249 readings since January 2006. Over the last 12 readings, from October 2025 to September 2026, it averaged 3.80%, with a high of 4.00% in October 2025 and a low of 3.75% in January 2026. In the last ten years the largest rise from one reading to the next was in November 2022, to 2.93% from 2.25% in October 2022, and the largest fall was in March 2020, to 0.35% from 0.75% in February 2020.
Among the last 9 complete years, the average was highest in 2024, at 5.11%, and lowest in 2021, at 0.11%.
Year by year
| Year | Average | Low | High | Last reading | Readings |
|---|---|---|---|---|---|
| 2026 | 3.75% | 3.75% | 3.75% | 3.75% September 2026 | 9 |
| 2025 | 4.25% | 3.90% | 4.75% | 3.90% December 2025 | 12 |
| 2024 | 5.11% | 4.75% | 5.25% | 4.75% December 2024 | 12 |
| 2023 | 4.68% | 3.50% | 5.25% | 5.25% December 2023 | 12 |
| 2022 | 1.46% | 0.25% | 3.25% | 3.25% December 2022 | 12 |
| 2021 | 0.11% | 0.10% | 0.17% | 0.17% December 2021 | 12 |
| 2020 | 0.23% | 0.10% | 0.75% | 0.10% December 2020 | 12 |
| 2019 | 0.75% | 0.75% | 0.75% | 0.75% December 2019 | 12 |
| 2018 | 0.60% | 0.50% | 0.75% | 0.75% December 2018 | 12 |
| 2017 | 0.29% | 0.25% | 0.50% | 0.50% December 2017 | 12 |
Averages, lows and highs are calculated by EconoMonitor from the published readings. Source: Bank of England. Contains public sector information licensed under the Open Government Licence v3.0. EconoMonitor is not affiliated with or endorsed by the Bank of England.
How is it measured?
Monthly average of official Bank Rate.
Bank Rate is published monthly by Bank of England in its Bank of England Database IUMABEDR release. It is measured in percent. EconoMonitor holds all 249 readings since January 2006 under the publisher's code IUMABEDR, keeps earlier values when the publisher revises them, and compares each release with the downloaded file before it is shown.
Related measures on this site: 10-year gilt yield (nominal par) was 5.37% in September 2026; 5-year gilt yield (nominal par) was 4.92% in September 2026.
- Frequency: monthly.
- Unit: percent.
- Release: Bank of England Database IUMABEDR, published by Bank of England.
- Source series code: IUMABEDR.
- Methodology: how EconoMonitor stores and checks this series.
Questions and sources
What is the latest reading of Bank Rate?
3.75% in September 2026, as published by Bank of England.
How often is it updated?
Monthly, with each Bank of England Database IUMABEDR release. EconoMonitor reloads the series after each release and keeps earlier values when the publisher revises them.
Where can I check it?
At the publisher: Bank of England Database, series code IUMABEDR.
Definitions of the other measures quoted on this page: 10-year gilt yield (nominal par) (UK), 5-year gilt yield (nominal par) (UK).
Source: Bank of England. Contains public sector information licensed under the Open Government Licence v3.0. EconoMonitor is not affiliated with or endorsed by the Bank of England. Checks for this release: Check A passed, Check B passed.
Data and analysis only, not financial advice. Data publishers do not endorse EconoMonitor. See the disclaimer and methodology.