Yield Curves
What are Yield Curves?
The Macro Financial Analysis Division of the Bank of England estimates yield curves for the UK on a daily basis. They are of two kinds. One set is based on yields on UK government bonds (gilts) and includes nominal and real yield curves and the inflation term structure for the United Kingdom. The other set is based on sterling interbank rates (LIBOR) and on yields on instruments linked to LIBOR, short sterling futures, forward rate agreements and LIBOR-based interest rate swaps. These commercial bank liability curves are nominal only.
For queries relating to data quality or technical issues, please contact yieldcurve@bankofengland.co.uk, where we endeavour to respond within five working days of receipt. You may wish to visit frequently asked questions before emailing, as our most common enquiries are dealt with there.
Page Last Updated: 20 April 2011
If you are having problems viewing up-to-date data, click here for help fixing the problem.
Please address wider queries about the nature of the Bank’s work (not related to statistics) to enquiries@bankofengland.co.uk
Latest data (current month)
(click here for
archive data)
 |
Nominal
(commercial bank liability) (2.6mb) |
Chart |
|
Nominal (government
liability) (1.9mb) |
Chart |
|
Real
(government liability) |
Chart |
|
Implied
inflation (government liability) (1.1mb) |
Chart |
Key Resources
|
Yield curve terminology and concepts Notes on the Bank of England Yield Curves Download PDF (24k) |
 |
Commercial bank liability curve Bank of England Quarterly Bulletin Nov 2000 Download PDF (18k) |
Related Links
- Option Implied Probability Density Functions
for Short-term Sterling Interest Rates - Bank of England Working Paper 126
New estimates of the UK real and nominal yield curves - Yield curve methodology
Bank of England Quarterly Bulletin Nov 1999 - Inflation Report
Latest edition of the Bank of England Inflation Report
External Links
- Winzip
Download the latest version here