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Inter-Bank Rates

DateRate TypeRate RangeWeighted Average
12/29/2023OBB Rate11.50 - 16.0015.54
8-35 Days15.00 - 15.0015.00
4-7 Days15.00 - 16.0015.38
12/28/2023OBB Rate14.00 - 16.5015.71
Call Rate15.75 - 15.7515.75
12/27/2023OBB Rate14.00 - 16.0015.09
12/22/2023OBB Rate5.00 - 15.7513.04
12/21/2023OBB Rate8.00 - 15.7513.18
12/20/2023OBB Rate13.00 - 16.0015.25
12/19/2023OBB Rate15.00 - 23.0018.37
12/18/2023OBB Rate15.75 - 24.0022.32
12/15/2023OBB Rate22.00 - 24.7523.30
12/14/2023OBB Rate15.50-25.7521.04
12/13/2023OBB Rate15.00-17.0015.91
4-7 Days17.00-17.0017.00
12/12/2023OBB Rate15.00 - 17.0015.78
Call Rate15.75 - 15.7515.75
12/11/2023OBB Rate15.50 - 20.0016.28
Call Rate16.00 - 16.0016.00
12/8/2023OBB Rate15.75 - 20.0017.91
12/7/2023OBB Rate16.20 - 27.0024.11
Call Rate24.00 - 24.0024.00
12/6/2023OBB Rate15.00 - 17.0016.10
Call Rate16.00 - 16.0016.00
12/5/2023OBB Rate15.00 - 17.0015.76
Call Rate16.00 - 17.0016.66
12/4/2023OBB Rate15.00 - 17.0015.84
Call Rate16.00 - 16.0016.00
12/1/2023OBB Rate14.00 - 16.5015.75
Call Rate15.75 - 15.7515.75
11/30/2023OBB Rate10.00 - 16.0014.80
Call Rate15.75 - 15.7515.75
11/29/2023OBB Rate10.00 - 17.0014.51
Call Rate15.75 - 15.7515.75
11/28/2023OBB Rate15.75 - 19.0016.12
Call Rate15.75 - 17.0016.58
11/27/2023OBB Rate16.00 - 25.0018.29
Call Rate18.00 - 18.0018.00
11/24/2023OBB Rate22.00 - 25.0024.13
Call Rate21.00 - 24.0023.51


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Facts : 3/1/1993
Nigerian Inter-Bank Settlement System:In March 1993, the Nigerian Inter-Bank Settlement System (NIBSS) was incorportaed to enhance the speed and effeciency of the national clearing system.
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