The composite cost-of-borrowing indicator, which combines interest rates on all loans to corporations, increased in November 2022, driven by the interest rate effect. The interest rate on new loans of over €1 million with a floating rate and an initial rate fixation period of up to three months increased by 42 basis points to 2.87%, mainly driven by the interest rate effect. The rate on new loans of the same size with

an initial rate fixation period of over three months and up to one year rose by 51 basis points to 3.26%, driven by the interest rate effect. The interest rate on new loans of over €1 million with an initial rate fixation period of over ten years increased by 5 basis points to 2.95%, driven by both the interest rate and the weight effects. In the case of new loans of up to €250,000 with a floating rate and an initial rate fixation period of up to three months, the average rate charged rose by 35 basis points to 3.33%, driven by the interest rate effect. 
As regards new deposit agreements, the interest rate on deposits from corporations with an agreed maturity of up to one year rose by 56 basis points to 1.46% in November 2022, driven by the interest rate effect. The interest rate on overnight deposits from corporations rose by 7 basis points to 0.15%, driven by the interest rate effect. 
The interest rate on new loans to sole proprietors and unincorporated partnerships with a floating rate and an initial rate fixation period of up to one year increased by 47 basis points to 3.79%, mainly driven by the interest rate effect.

The composite cost-of-borrowing indicator, which combines interest rates on all loans to households for house purchase, increased in November 2022, driven by the interest rate effect. The interest rate on loans for house purchase with a floating rate and an initial rate fixation period of up to one year increased by 28 basis points to 2.93%, driven by the interest rate effect. The rate on housing loans with an initial rate fixation period of over one and up to five years rose by 22 basis points to 3.04%, mainly driven by the interest rate effect. The interest rate on loans for house purchase with an initial rate fixation period of over five and up to ten years increased by 25 basis points to 3.30%, mainly driven by the interest rate effect. The rate on housing loans with an initial rate fixation period of over ten years rose by 14 basis points to 2.55%, driven by the interest rate effect. In the same period the interest rate on new loans to households for consumption increased by 26 basis points to 6.53%, mainly driven by the interest rate effect. 
As regards new deposits from households, the interest rate on deposits with an agreed maturity of up to one year increased by 29 basis points to 1.12%, mainly driven by the interest rate effect. The rate on deposits redeemable at three months' notice stayed almost constant at 0.75%. The interest rate on overnight deposits from households remained broadly unchanged at 0.05%.