Government borrowing rate

The government borrowing rate is a reference rate which is used in tax legislation.

The Debt Office sets the government borrowing rate every Thursday and the rate applies from Friday to close of day the following Thursday.

Government borrowing
DateInterest rate % Average so far this year %
2019-07-12-0.060.22
2019-07-05-0.080.23
2019-06-28-0.090.24
2019-06-21-0.080.25
2019-06-14-0.060.27
2019-06-070.000.28
2019-05-310.050.29
2019-05-240.070.30
2019-05-170.060.32
2019-05-100.150.33
2019-05-030.150.34
2019-04-260.260.35
2019-04-190.270.36
2019-04-120.250.36
2019-04-050.220.37
2019-03-290.220.38
2019-03-220.330.39
2019-03-150.320.40
2019-03-080.410.41
2019-03-010.340.41
2019-02-220.350.42
2019-02-150.360.43
2019-02-080.410.44
2019-02-010.430.44
2019-01-250.470.45
2019-01-180.430.44
2019-01-110.440.44
2019-01-040.440.44

Government borrowing rate on 30 November 2018

The government borrowing rate was 0.51 per cent on November 30, 2018.