uk-bank-rate

The UK Bank Rate from the Bank of England's own data, using the standard library alone, and honest about the hours after a decision.

pip install uk-bank-rate

from uk_bank_rate import bundled_history, get_bank_rate, rate_on

current = get_bank_rate()
covid_low = rate_on(bundled_history, "2020-03-15")

get_bank_rate() returns the rate today, the day it took effect, the last day the published series covers, the next scheduled decision, and a pending_decision that is set whenever a decision has been announced, or is due, that the published data does not reflect yet, and a beyond_schedule flag for dates past both the data and the published schedule. The Committee announces at 12:00 London time and the series can lag by a working day or two, so a client that reads only the latest row reports the old rate for that whole window without knowing it.

rate_on() answers the rate on any date since 2 January 1975 from a bundled history of every change, with no network call. Dates come back as datetime.date and rates as Decimal, so interest worked out from them does not drift. Every failure to reach the Bank raises BankRateSourceError with a failure of http, not_csv, empty, timeout or network.

The Bank's firewall refuses Python's default urllib user agent with 403 Access Denied, which is why so many hand-written scripts pretend to be a browser. This package sends its own honest one instead. It needs Python 3.11 or later and nothing outside the standard library, apart from tzdata on Windows, which ships no time zone database.

The full guide, the TypeScript package and the design notes are in the repository.

Contains data from the Bank of England Database, licensed under the Open Government Licence v3.0 and copyright the Governor and Company of the Bank of England. Not affiliated with or endorsed by the Bank of England. Code released under the MIT licence.

Developed by Bhupen Varsani.