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Data & Statistics | All CBN Publications

Money Market Indicators (In Percentage)
  - 2006
Month October November December
Inter-Bank Call Rate 1.40 9.70 8.98
Minimum Rediscount Rate (MRR) 14.00 14.00
Monetary Policy Rate (MPR) 0.00 0.00 10.00
Treasury Bill Rate 7.94 7.00 7.75
Savings Deposit Rate 3.08 3.10 3.25
1 Month Deposit Rate 10.01 10.05 9.99
3 Months Deposit Rate 10.23 10.26 10.25
6 Months Deposit Rate 10.15 10.12 9.93
12 Months Deposit Rate 8.08 8.15 7.45
Prime Lending rate 17.19 17.26 17.33
Maximum Lending Rate 18.71 18.72 18.66
       

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

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Facts : 7/1/1959
PHYSICAL EXPANSION:The CBN former headquarters in Marina Lagos was opened and began full operations in banking and curency activities only.
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