The inter-bank rate marginally rose from 7.33 percent as at April 6 to 7.38 percent as at April 13.
The 91-day t-bill rate, which is the benchmark, remained at 8.9 percent.
Details of the financial markets rates are indicated in the table below.
|
Market Interest Rates as at |
April 06, 2011 |
April 13, 2011 |
|
|
Inter-bank weighted rate Overnight Call money rate (1-30 days maturity) |
7.33 8.97 |
7.38 9.51 |
|
|
91-day Treasury bill Annualised Yield (Primary Market) (Secondary Market)* |
8.90 8.36/8.23 |
8.90 8.51/8.36 |
|
|
2-year Treasury bond Annualised Yield (Primary Market) (Secondary Market)* |
11.05 11.01/10.86 |
11.05 11.15/10.99 |
|
|
3-year Treasury bond Annualised Yield (Primary Market) (Secondary Market)* |
11.62 11.22/11.09 |
11.62 11.33/11.20 |
|
|
5-year Treasury bond Annualised Yield (Primary Market) (Secondary Market)* |
11.94 11.93/11.81 |
11.94 12.20/12.05 |
|
|
10-year Treasury bond Annualised Yield (Primary Market) (Secondary Market)* |
13.23 13.28/13.08 |
13.23 13.51/13.32 |
|
|
Bank and Rediscount Rates |
|
||
MarginRediscount rateBank rate |
3.00 12.01 13.01 |
3.00 12.01 13.01 |
|
*Weekly Average indicative bid/ask rates on Treasury securities in the secondary market.
MANAGEMENT
April 14, 2011
