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Money Market Indicators (In Percentage)

Money Market Indicators (In Percentage)
  2023
Month June July August
Inter-Bank Call Rate 11.66 6.73 3.89
Minimum Rediscount Rate (MRR)
Monetary Policy Rate (MPR) 18.50 18.75 18.75
Treasury Bill Rate 3.87 4.45 5.13
Savings Deposit Rate 5.18 5.24 5.26
1 Month Deposit Rate 7.15 7.11 7.31
3 Months Deposit Rate 7.68 7.62 7.55
6 Months Deposit Rate 8.54 8.25 8.30
12 Months Deposit Rate 7.83 7.81 8.13
Prime Lending rate 13.85 13.98 13.99
Maximum Lending Rate 28.94 27.38 27.59
       

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

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Facts : 1/1/1900
Paris Club of Creditors:The club represents only government guaranteed creditors. Members include the United States of America, United Kingdom, Germany, France and Canada, who guarantee the export activities of their nationals. When the recipient nation s government is unable to pay the equivalent of the imports domestic currency cover, it becomes government debt owed to creditor nations. The first Paris Club meeting was held in 1956.
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