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Money Market Indicators (In Percentage)

Money Market Indicators (In Percentage)
  2009
Month January February March
Inter-Bank Call Rate 7.91 17.30 20.60
Minimum Rediscount Rate (MRR)
Monetary Policy Rate (MPR) 9.75 9.75 9.75
Treasury Bill Rate 3.88 2.00 2.53
Savings Deposit Rate 2.59 2.59 2.62
1 Month Deposit Rate 12.89 13.78 12.92
3 Months Deposit Rate 12.71 13.75 12.84
6 Months Deposit Rate 13.09 15.84 12.57
12 Months Deposit Rate 12.38 16.47 11.44
Prime Lending rate 16.78 18.90 19.19
Maximum Lending Rate 21.27 23.52 22.62
       

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

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Facts : 1/1/1966
Central Bank of Nigeria, Enugu Branch:In the year 1966, The Central Bank of Nigeria Branch in Enugu was opened.It was the fourth Central Bank Branch that was established, bringing to 4, the number of Central Bank offices in Nigeria at that time.
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