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Money Market Indicators (In Percentage)

Money Market Indicators (In Percentage)
  2019
Month May June July
Inter-Bank Call Rate 5.14 8.38 6.52
Minimum Rediscount Rate (MRR)
Monetary Policy Rate (MPR) 13.50 13.50 13.50
Treasury Bill Rate 10.00 9.93 9.92
Savings Deposit Rate 3.90 3.93 3.93
1 Month Deposit Rate 8.83 8.81 8.16
3 Months Deposit Rate 9.12 9.10 8.85
6 Months Deposit Rate 10.32 10.84 10.37
12 Months Deposit Rate 10.42 10.57 10.18
Prime Lending rate 15.33 15.80 15.46
Maximum Lending Rate 31.07 31.04 31.07
       

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Note: The Bank replaced MRR with MPR on December 11, 2006

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Facts : 1/1/1965
Central Bank of Nigeria, Ibadan Branch:In the year 1965, The Central Bank of Nigeria,Ibadan Branch was opened for business.It was the third Central Bank office that was established and it brought to 4, the number of Central Bank offices in Nigeria at that time.
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