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Money Market Indicators (In Percentage)

Money Market Indicators (In Percentage)
  2014
Month April May June
Inter-Bank Call Rate 10.50 10.63 10.50
Minimum Rediscount Rate (MRR)
Monetary Policy Rate (MPR) 12.00 12.00 12.00
Treasury Bill Rate 11.26 10.13 9.98
Savings Deposit Rate 3.42 3.41 3.42
1 Month Deposit Rate 8.19 8.27 8.46
3 Months Deposit Rate 9.38 9.42 9.30
6 Months Deposit Rate 10.07 9.76 9.52
12 Months Deposit Rate 9.69 9.29 9.19
Prime Lending rate 16.70 16.50 16.50
Maximum Lending Rate 25.63 25.76 26.07
       

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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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