Despite interest rates of twelve per cent, there were still few purchasers for the pound.
Without schemes like Homestore, high-cost rent-to-own lenders can be very tempting, despite interest rates of up to 94%.
Central banks worldwide have been battling to convince investors they still have ammunition left despite interest rates being at rock-bottom levels for years.
It's no doubt one of the reasons why, despite interest rates at record lows, it hasn't been enough to sway non-mining businesses to invest.
Despite interest rates below 1percentt even for six-month certificates of deposit, the Chinese keep 90percentt of their savings in banks, mainly because there are few alternatives.
Despite interest rates at zero and a government that has generated gigantic deficits to fuel economic activity, the Japanese lost faith in their economic prospects.
Despite interest rates that have hovered around zero since the mid-1990s, and repeated rounds of quantitative easing, Japan has never achieved a sustained recovery.
But that did not change the tenor of the report, which confirmed that the sector was failing to recover despite interest rates near record lows.
Once again, despite interest rates in the UK being at historical lows, there is still the possibility that they may drop further, causing more problems for pension funds relying on assets other than government bonds to bridge their deficit gap.
It is lower than the peak reached before the financial crisis, but dramatically higher than the three years that was the norm in the 1980s and 1990s – and comes despite interest rates remaining at the emergency level of 0.5% set by the Bank of England in the depths of recession.
Despite interest rates being much lower in Japan than, say, the US the real interest rates in the two countries were very similar.
