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Money Market Indicators (In Percentage)

Money Market Indicators (In Percentage)
  2020
Month July August September
Inter-Bank Call Rate 6.25 7.38 2.00
Minimum Rediscount Rate (MRR)
Monetary Policy Rate (MPR) 12.50 12.50 11.50
Treasury Bill Rate 1.30 1.17 1.10
Savings Deposit Rate 3.78 3.78 2.41
1 Month Deposit Rate 3.02 2.97 2.49
3 Months Deposit Rate 4.31 4.05 3.70
6 Months Deposit Rate 4.83 4.41 3.74
12 Months Deposit Rate 5.89 4.89 5.37
Prime Lending rate 12.10 11.76 11.55
Maximum Lending Rate 28.42 29.51 28.45
       

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

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Facts : 1/1/1900
London Club of Creditors:These are mainly uninsured and unguaranteed debts extended by commercial banks to nationals of debtor nations. Members of the club are commercial banks mainly in industrialized countries. The first London club meeting was held in 1976 to discuss re-payment and conclude re-structuring agreements.
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