A combined bar and line chart. The quarterly net interest margin was 4.27 percent in June 1999, 4.39 percent in September 1999, 4.36 percent in December 1999, 4.29 percent in March 2000, 4.36 percent in June 2000, 4.29 percent in September 2000, 4.18 percent in December 2000, 4.03 percent in March 2001, 4.04 percent in June 2001, 4.07 percent in September 2001, 4.12 percent in December 2001, 4.15 percent in March 2002, and 4.34 percent in June 2002.
The interest spread between the five-year Treasury note yield at constant maturity and the three-month London Interbank Offer Rate was 0.67 percent in June 1999, 0.25 percent in September 1999, 0.06 percent in December 1999, minus 0.49 percent in March 2000, minus 0.74 percent in June 2000, minus 1.38 percent in September 2000, minus 0.33 percent in December 2000, 0.98 percent in March 2001, 1.11 percent in September 2001, 2.40 percent in December 2001, and 2.31 percent in March 2002.