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Inter-Bank Rates

DateRate TypeRate RangeWeighted Average
7/3/2019OBB Rate1.50-4.002.72
7/2/2019OBB Rate2.00-12.006.39
Call Rate6.00-7.006.50
7/1/2019OBB Rate7.50-12.008.83
Call Rate10.00-10.0010.00
6/28/2019OBB Rate3.00-5.504.04
30-Day5.005.00
6/27/2019OBB Rate2.00-9.004.12
6/26/2019OBB Rate3.50-9.005.64
6/25/2019OBB Rate4.00-10.007.90
Call Rate5.00-5.005.00
6/21/2019OBB Rate4.00-10.008.73
Call Rate10.00-10.0010.00
6/19/2019OBB Rate4.00-8.207.11
OBB Rate5.00-12.009.55
6/14/2019OBB Rate4.00-10.005.47
6/13/2019OBB Rate4.00-6.005.05
6/10/2019OBB Rate6.50-15.0012.37
6/7/2019OBB Rate6.00-14.0011.52
6/6/2019OBB Rate3.00-12.008.42
Call Rate6.00-6.006.00
6/3/2019OBB Rate4.00-15.009.74
Call Rate7.00-7.007.00
5/31/2019OBB Rate3.00-6.004.75
5/30/2019OBB Rate3.00-8.506.30
5/28/2019OBB Rate6.00-15.5012.16
Call Rate16.00-16.0016.00
5/27/2019OBB Rate12.00-17.0014.90
5/24/2019OBB Rate8.00-15.0011.34
5/23/2019OBB Rate4.00-14.008.39
5/22/2019OBB Rate4.00-5.504.87
5/21/2019OBB Rate4.00-5.504.86
5/20/2019OBB Rate3.00-6.004.86
5/17/2019OBB Rate3.00-5.504.73
5/16/2019OBB Rate3.00-7.005.55
5/15/2019OBB Rate6.00-13.0010.26
OBB Rate6.00-15.5011.91
5/13/2019OBB Rate11.00-18.0015.61
5/10/2019OBB Rate6.00-12.008.05
Call Rate6.00-8.006.57


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Facts : 1/7/1959
Evolution of Departments:At inception, the organisational structure of the CBN was understandably simple consisting of two departments, namely, the General Manager's and the Secretary's Departments, with the appropriate division of labour as then percieved. The General Manager's Department was responsible for all the Department banking, currency issues, debt management and other operational functions of the bank while the Secretary's Department handled the administrative and staff matters, carried out some research into the economic and financial conditions, and collected and analysed relevant statistics for policy formulation.
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