Historical Year Data · 2003

Bank Prime Loan Rate in 2003

Bank Prime Loan Rate opened 2003 at 4.25% and closed at 4.00%, a -5.88% move for the year. The high of 4.25% was reached on January 2, and the low of 4.00% on June 27.

Open

4.25%

2003-01

4.00%

253 data points

High

4.25%

Jan 2

Low

4.00%

Jun 27

Full Year Change

-5.88%

2002 Change

-10.53%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	4.25%	4.25%	4.25%	4.25%	+0.00%
Feb	4.25%	4.25%	4.25%	4.25%	+0.00%
Mar	4.25%	4.25%	4.25%	4.25%	+0.00%
Apr	4.25%	4.25%	4.25%	4.25%	+0.00%
May	4.25%	4.25%	4.25%	4.25%	+0.00%
Jun	4.25%	4.00%	4.25%	4.00%	-5.88%
Jul	4.00%	4.00%	4.00%	4.00%	+0.00%
Aug	4.00%	4.00%	4.00%	4.00%	+0.00%
Sep	4.00%	4.00%	4.00%	4.00%	+0.00%
Oct	4.00%	4.00%	4.00%	4.00%	+0.00%
Nov	4.00%	4.00%	4.00%	4.00%	+0.00%
Dec	4.00%	4.00%	4.00%	4.00%	+0.00%

Events During 2003

1990 Japanese Bubble Collapse

Deflation

January 1990 – 2003

The Nikkei 225 peaked at 38,957 on December 29, 1989, then fell 82% over 13 years. Japan entered its "lost decades" of deflation, zero rates, and structural stagnation that still shapes global markets today.

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