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Data & Statistics | All CBN Publications

Money Market Indicators (In Percentage)
  - 2013
Month February March April
Inter-Bank Call Rate 11.98 10.39 11.24
Minimum Rediscount Rate (MRR)
Monetary Policy Rate (MPR) 12.00 12.00 12.00
Treasury Bill Rate 9.90 10.17 10.41
Savings Deposit Rate 1.72 1.77 1.82
1 Month Deposit Rate 8.09 7.95 7.82
3 Months Deposit Rate 8.30 7.99 7.94
6 Months Deposit Rate 7.76 7.43 7.15
12 Months Deposit Rate 5.67 6.09 6.49
Prime Lending rate 16.56 16.61 16.65
Maximum Lending Rate 24.60 24.49 24.53
       

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

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Choose year to display. 2013 2012 2011 2010 2009 2008 2007 2006
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Facts : 1/1/1990
Guidlines for Licensed Banks:In 1990, the CBN introduced a set of Prudential guidelines for licensed banks which were complimentary to the capital adequacy requirement and statement of accounting standards. The guidelines spelt out the criteria to be adopted by banks in classifying non-performing loans.
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