Get documents about "Money Market Rates
W
Description
Money Market Rates document sample
Document Sample
CENTR
2010 2009
April March February January December November October September
INTEREST RATES (%)1
Key ECB interest rates2
Marginal lending facility 1.75 1.75 1.75 1.75 1.75 1.75 1.75 1.75
Main refinancing operations - minimum bid rate3 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00
Deposit facility 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25
Money market rates (period averages)
Overnight deposit (EONIA) 0.35 0.35 0.34 0.34 0.35 0.36 0.36 0.36
Rates for fixed term deposits (EURIBOR)
1 month 0.40 0.41 0.42 0.44 0.48 0.44 0.43 0.46
3 months 0.64 0.64 0.66 0.68 0.71 0.72 0.74 0.77
6 months 0.96 0.95 0.96 0.98 1.00 0.99 1.02 1.04
1 year 1.23 1.22 1.23 1.23 1.24 1.23 1.24 1.26
Other monetary financial institutions
Weighted average deposit rate 1.40 1.43 1.41 1.42 1.44 1.50 1.54 1.62
Current deposits 0.26 0.29 0.30 0.31 0.29 0.29 0.28 0.27
Savings deposits 0.33 0.34 0.34 0.33 0.33 0.33 0.33 0.33
Time deposits 2.25 2.27 2.26 2.24 2.30 2.38 2.44 2.55
Weighted average lending rate 4.47 4.47 4.47 4.46 4.46 4.46 4.47 4.48
Non-financial companies 4.96 4.97 4.95 4.93 4.93 4.94 4.95 4.97
Households and individuals 3.90 3.90 3.90 3.90 3.91 3.91 3.91 3.93
Consumer credit 5.94 5.90 5.91 5.90 5.90 5.89 5.87 5.88
House purchase 3.45 3.46 3.46 3.46 3.47 3.48 3.48 3.49
Other lending 5.09 5.04 5.03 5.04 4.96 4.96 4.96 5.00
Government securities
Treasury bills (primary market) 4
1 month - - - - - - - -
3 month 0.54 0.80 1.04 1.20 1.40 1.43 1.44 1.46
6 month 0.78 0.86 1.25 1.36 1.52 1.54 1.61 1.57
1 year - - - - - - - -
Treasury bills (secondary market)
1 month 0.55 0.76 1.01 1.21 1.36 1.37 1.38 1.40
3 month 0.56 0.71 1.02 1.21 1.40 1.43 1.44 1.46
6 month 0.77 0.80 1.07 1.32 1.46 1.51 1.64 1.58
1 year 1.03 1.13 1.25 1.53 1.69 1.75 1.86 1.62
Government long-term debt securities5
(period averages)
2 year 1.88 1.81 2.00 2.16 2.21 2.29 2.40 2.29
5 year 2.99 3.17 3.41 3.47 3.38 3.59 3.60 3.59
10 year 4.18 4.33 4.49 4.50 4.41 4.45 4.44 4.49
15 year n/a n/a n/a n/a 4.82 4.89 4.88 4.91
MALTA STOCK EXCHANGE SHARE INDEX 3506 3549 3620 3847 3461 3331 3124 3202
Notes:
1
End of month rates unless otherwise indicated.
2
As of 9 October 2008 the ECB reduced the standing facilities corridor from 200 basis points to 100 basis points around the interest rate on the main refinancing operations.
3
From January to 27 June 2000 main refinancing operations were carried out through a fixed rate tender procedure. On 8 June 2000 the ECB announced that, starting from the operation to be settled on 28 June 2000, the main refinancing operations of the Eurosystem were to be conducted as variable rate tenders. The minimum
4
'-' denotes that no transactions occurred during the reference
5
As from January 2003, figures show ISMA (International Securities Market Association) Redemption Yields, which are quoted with an annual compounding period, irrespective of how many coupon periods per annum the stock has. Prior data shows Yields to Maturity (YTMs also referred to as Gross Redemption Yields or GRYs) wh
n/a' denotes that no bond qualifies as a 15 year benchmark.
CENTRAL BANK OF MALTA CENTR
FINANCIAL MARKETS
2009
August July June May April March February January December November
INTEREST RATES (%)1
Key ECB interest rates2
Marginal lending facility 1.75 1.75 1.75 1.75 2.25 2.50 3.00 3.00 3.00 3.75
Main refinancing operations - minimum bid rate3 1.00 1.00 1.00 1.00 1.25 1.50 2.00 2.00 2.50 3.25
Deposit facility 0.25 0.25 0.25 0.25 0.25 0.50 1.00 1.00 2.00 2.75
Money market rates (period averages)
Overnight deposit (EONIA) 0.35 0.36 0.70 0.78 0.84 1.06 1.26 1.81 2.49 3.15
Rates for fixed term deposits (EURIBOR)
1 month 0.51 0.61 0.91 0.88 1.01 1.27 1.63 2.14 2.99 3.84
3 months 0.86 0.97 1.23 1.28 1.42 1.64 1.94 2.46 3.29 4.24
6 months 1.12 1.21 1.44 1.48 1.61 1.77 2.03 2.54 3.37 4.29
1 year 1.33 1.41 1.61 1.64 1.77 1.91 2.14 2.62 3.45 4.35
Other monetary financial institutions
Weighted average deposit rate 1.67 1.77 1.88 1.97 2.03 2.13 2.22 2.34 2.57 2.75
Current deposits 0.29 0.29 0.29 0.28 0.27 0.28 0.35 0.40 0.51 0.69
Savings deposits 0.33 0.33 0.37 0.36 0.38 0.41 0.41 0.45 0.73 0.94
Time deposits 2.65 2.80 2.94 3.05 3.17 3.27 3.39 3.53 3.74 3.92
Weighted average lending rate 4.48 4.48 4.48 4.47 4.48 4.49 4.48 4.50 4.96 5.47
Non-financial companies 4.96 4.95 4.96 4.94 4.95 4.95 4.94 4.94 5.31 5.81
Households and individuals 3.92 3.93 3.93 3.91 3.92 3.92 3.93 3.95 4.51 5.02
Consumer credit 5.86 5.86 5.86 5.72 5.71 5.69 5.70 5.70 7.15 7.46
House purchase 3.49 3.49 3.50 3.50 3.50 3.51 3.52 3.53 3.98 4.52
Other lending 4.93 4.95 4.92 4.92 5.00 4.99 4.98 5.01 5.54 6.07
Government securities
Treasury bills (primary market) 4
1 month - - - 1.40 - - - - - -
3 month 1.47 1.58 1.68 1.87 2.00 2.19 2.36 2.42 3.65 3.96
6 month 1.65 - 1.80 1.82 2.05 2.31 2.23 - 2.75 3.69
1 year - - - - - - - - - -
Treasury bills (secondary market)
1 month 1.40 1.40 1.40 1.40 2.00 2.20 2.29 2.30 2.64 3.92
3 month 1.47 1.58 1.63 1.57 2.00 2.15 2.36 2.42 2.64 3.96
6 month 1.56 1.65 1.69 1.82 2.05 2.34 2.28 2.47 2.65 3.69
1 year 1.59 1.64 1.81 1.94 2.04 2.04 2.13 2.55 2.73 2.75
Government long-term debt securities5
(period averages)
2 year 2.28 2.24 2.55 2.36 2.50 2.46 2.65 2.74 3.08 3.35
5 year 3.72 3.76 3.96 3.70 3.66 3.70 3.63 3.62 3.70 3.89
10 year 4.51 4.61 4.79 4.71 4.63 4.58 4.53 4.35 4.17 4.61
15 year 4.90 4.99 5.08 5.04 5.01 5.01 5.01 4.94 4.40 4.84
MALTA STOCK EXCHANGE SHARE INDEX 3094 3235 2932 3059 2829 2698 2819 3141 3208 3317
Notes:
1
End of month rates unless otherwise indicated.
2
As of 9 October 2008 the ECB reduced the standing facilities corridor from 200 basis points to 100 basis points around the interest rate on the main refinancing operations.
n to be settled on 28 June3 2000, January to 27 June 2000 main refinancing operations were carried out through a fixed rate tender procedure. On bid rate2000 the ECB minimum intereststarting whichthe operation tomay place their bids. As from the main refinancing operations of the Eurosystem were to be conducted as variable rate tenders. out through a
From the main refinancing operations of the Eurosystem were to be conducted as variable rate tenders. The minimum 8 June refers to the announced that, rate at from counterparties be settled on 28 June 2000, the operation settled on 15 October, the weekly main refinancing operations will again be carried The minimum
4
'-' denotes that no transactions occurred during the reference
5
As from January 2003, data shows ISMA (International Securities Market Association) Redemption Yields, GRYs) which are with an annual compounding thus, taking into account of both the interest payments and the stock has. Prior
any coupon periods per annum the stock has. Priorfigures show Yields to Maturity (YTMs also referred to as Gross Redemption Yields or which are quoted calculated on an actual basis, period, irrespective of how many coupon periods per annum capital gains or loss.data shows Yields to Maturity (YTMs also referred to as Gross Redemption Yields or GRYs) wh
n/a' denotes that no bond qualifies as a 15 year benchmark.
CENTR
2008
October September August July June May April March February January
INTEREST RATES (%)1
Key ECB interest rates2
Marginal lending facility 4.25 5.25 5.25 5.25 5.00 5.00 5.00 5.00 5.00 5.00
Main refinancing operations - minimum bid rate3 3.75 4.25 4.25 4.25 4.00 4.00 4.00 4.00 4.00 4.00
Deposit facility 3.25 3.25 3.25 3.25 3.00 3.00 3.00 3.00 3.00 3.00
Money market rates (period averages)
Overnight deposit (EONIA) 3.82 4.27 4.30 4.19 4.01 4.01 3.99 4.09 4.03 4.02
Rates for fixed term deposits (EURIBOR)
1 month 4.83 4.66 4.49 4.47 4.47 4.39 4.37 4.30 4.18 4.20
3 months 5.11 5.02 4.97 4.96 4.94 4.86 4.78 4.60 4.36 4.48
6 months 5.18 5.22 5.16 5.15 5.09 4.90 4.80 4.59 4.36 4.50
1 year 5.24 5.38 5.32 5.39 5.36 4.99 4.82 4.59 4.35 4.50
Other monetary financial institutions
Weighted average deposit rate 2.91 3.05 3.04 3.01 2.95 2.95 2.93 2.96 2.96 2.98
Current deposits 0.68 0.84 0.92 0.85 0.77 0.87 0.78 0.83 0.88 0.77
Savings deposits 1.21 1.72 1.76 1.76 1.62 1.59 1.59 1.67 1.68 1.66
Time deposits 4.02 4.05 4.03 3.99 3.95 3.95 3.93 3.92 3.93 3.97
Weighted average lending rate 5.81 6.19 6.19 6.18 5.95 5.93 5.92 5.96 5.98 6.05
Non-financial companies 6.14 6.52 6.49 6.47 6.22 6.23 6.21 6.28 6.31 6.42
Households and individuals 5.39 5.80 5.79 5.78 5.57 5.57 5.57 5.57 5.59 5.64
Consumer credit 7.70 7.94 7.93 7.85 7.69 7.68 7.64 7.65 7.65 7.73
House purchase 4.91 5.34 5.34 5.34 5.13 5.14 5.15 5.15 5.17 5.21
Other lending 6.44 6.82 6.81 6.81 6.53 6.53 6.51 6.49 6.49 6.57
Government securities
Treasury bills (primary market) 4
1 month - - - - - - 4.25 4.18 - -
3 month 4.26 4.75 4.86 4.92 4.94 4.67 4.64 4.27 4.13 4.19
6 month 4.55 4.81 5.02 5.08 5.04 4.96 4.58 4.33 4.31 4.33
1 year - - - - - - - - - -
Treasury bills (secondary market)
1 month 4.21 4.64 4.51 4.51 4.29 4.31 4.35 4.24 4.11 4.28
3 month 4.26 4.60 4.86 4.90 4.94 4.67 4.61 4.27 4.13 4.19
6 month 3.93 4.55 5.02 5.08 5.04 4.96 4.65 4.33 4.31 4.27
1 year 3.27 4.41 4.98 5.10 5.19 4.90 4.68 4.51 4.27 4.29
Government long-term debt securities5
(period averages)
2 year 3.85 4.72 4.87 5.20 5.27 4.73 4.40 4.00 3.94 4.25
5 year 4.45 4.88 4.97 5.27 5.27 4.76 4.53 4.06 4.11 4.34
10 year 4.81 5.04 5.12 5.28 5.26 4.91 4.77 4.49 4.60 4.63
15 year 5.04 5.24 5.31 5.58 5.60 5.36 5.23 4.97 4.99 4.98
MALTA STOCK EXCHANGE SHARE INDEX 3362 3724 3795 3968 4275 4227 4488 4650 4650 4812
Notes:
1
End of month rates unless otherwise indicated.
2
As of 9 October 2008 the ECB reduced the standing facilities corridor from 200 basis points to 100 basis points around the interest rate on the main refinancing operations.
3
operation settled on 15 October, the weekly main refinancing operations will again be fixed rate through a fixed rate 8 June 2000 the ECB full allotment at starting from the operation to be settled operation.
ace their bids. As from the From January to 27 June 2000 main refinancing operations were carried out through acarried out tender procedure. Ontender procedure with announced that, the interest rate on the main refinancing on 28 June 2000, the main refinancing operations of the Eurosystem were to be conducted as variable rate tenders. The minimum
4
'-' denotes that no transactions occurred during the reference
5
gains or loss.
erest payments and capitalAs from January 2003, figures show ISMA (International Securities Market Association) Redemption Yields, which are quoted with an annual compounding period, irrespective of how many coupon periods per annum the stock has. Prior data shows Yields to Maturity (YTMs also referred to as Gross Redemption Yields or GRYs) wh
n/a' denotes that no bond qualifies as a 15 year benchmark.
CENTRAL BANK OF MALTA
FINANCIAL MARKETS - HISTORIC RATES
Dec-07 Nov-07 Oct-07 Sep-07 Aug-07 Jul-07 Jun-07 May-07 Apr-07 Mar-07 Feb-07 Jan-07
INTEREST RATES (%)1
Central Bank of Malta
2
Central intervention rate 4.00 4.25 4.25 4.25 4.25 4.25 4.25 4.25 4.00 4.00 4.00 4.00
3
Money market intervention rates :
Term deposit rate 3.95 4.20 4.20 4.20 4.20 4.20 4.20 3.95 3.95 3.95 3.95 3.95
Reverse Repo rate 4.05# 4.30# 4.30# 4.30# 4.30# 4.30# 4.30# 4.30# 4.05# 4.05# 4.05# 4.05#
Rate on standby (collateralised) loans 5.00 5.25 5.25 5.25 5.25 5.25 5.25 5.25 5.00 5.00 5.00 5.00
4
Rate on overnight deposits 3.00 3.25 3.25 3.25 3.25 3.25 3.25 3.25 3.00 3.00 3.00 3.00
Remuneration on required reserves 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 3.75 3.75 3.75 3.75
Interbank market offered rates5
Overnight 3.82* 4.23 4.24 4.23 4.20 4.20 4.20 4.00 3.99* 3.94 3.96 3.99*
1 week 4.17* 4.28* 4.28* 4.25 4.28* 4.24 4.28 4.04 4.10 4.05* 4.05* 4.05*
1 month 4.40 4.39* 4.39* 4.39* 4.38* 4.33* 4.33* 4.34* 4.09* 4.09* 4.09* 4.09*
3 month 4.62* 4.65* 4.63* 4.65* 4.56* 4.45 4.45* 4.45* 4.23* 4.22* 4.22* 4.22*
Notes:
1
End of month rates unless otherwise indicated.
2
As from March 1998 the Central Intervention Rate replaced the Discount Rate.
3
From July 1999 up to 15 September 2005, the tenor of intruments auctioned by the Bank was incresed from 7 days to 14 days. Until April 2002, the Central Bank of Malta injected rate was
referred to as repo rate. As from May 2002, it is referred to as rev
4
As from 15 July 1996, the Central Bank of Malta ceased paying interest on overnight call account balances. An overnight deposit facility was re-introduced on 9 September 1999.
5
In the absence of dealing in the interbank market, rates indicated by an asterix(*) represent the average of fixing rates compiled by the Central Bank of Malta. These are the rates at which the
credit institutions are prepared to deal in the local inter
CENTRAL BANK OF MALTA
FINANCIAL MARKETS - HISTORIC RATES
Dec-06 Nov-06 Oct-06 Sep-06 Aug-06 Jul-06 Jun-06 May-06 Apr-06 Mar-06 Feb-06 Jan-06
INTEREST RATES (%)1
Central Bank of Malta
2
Central intervention rate 3.75 3.75 3.75 3.50 3.50 3.50 3.50 3.50 3.25 3.25 3.25 3.25
3
Money market intervention rates :
Term deposit rate 3.70 3.70 3.45 3.45 3.45 3.45 3.45 3.45 3.20 3.20 3.20 3.20
Reverse Repo rate 3.80# 3.80# 3.80# 3.55# 3.55# 3.55# 3.55# 3.55# 3.30# 3.30# 3.30# 3.30#
Rate on standby (collateralised) loans 4.75 4.75 4.75 4.50 4.50 4.50 4.50 4.50 4.25 4.25 4.25 4.25
4
Rate on overnight deposits 2.75 2.75 2.75 2.50 2.50 2.50 2.50 2.50 2.25 2.25 2.25 2.25
Remuneration on required reserves 3.50 3.50 3.50 3.25 3.25 3.25 3.25 3.25 3.00 3.00 3.00 3.00
Interbank market offered rates5
Overnight 4.54 3.75 2.74 3.35 3.31 3.42 3.38 3.21 3.18 3.15 3.24 3.22
1 week 3.78* 3.59 3.52 3.38 3.41 3.43 3.41 3.43 3.18 3.25 3.17 3.27*
1 month 3.86* 3.86* 3.62* 3.59* 3.59* 3.59* 3.59* 3.58* 3.33* 3.32* 3.29* 3.29*
3 month 3.99* 3.99* 3.77* 3.73* 3.71* 3.70* 3.69* 3.45* 3.38* 3.34* 3.33* 3.32*
Notes:
1
End of month rates unless otherwise indicated.
2
As from March 1998 the Central Intervention Rate replaced the Discount Rate.
3
From July 1999 up to 15 September 2005, the tenor of intruments auctioned by the Bank was incresed from 7 days to 14 days. Until April 2002, the Central Bank of Malta injected rate was
referred to as repo rate. As from May 2002, it is referred to as rev
4
As from 15 July 1996, the Central Bank of Malta ceased paying interest on overnight call account balances. An overnight deposit facility was re-introduced on 9 September 1999.
5
In the absence of dealing in the interbank market, rates indicated by an asterix(*) represent the average of fixing rates compiled by the Central Bank of Malta. These are the rates at which the
credit institutions are prepared to deal in the local inter
CENTRAL BANK OF MALTA
FINANCIAL MARKETS - HISTORIC RATES
Dec-05 Nov-05 Oct-05 Sep-05 Aug-05 Jul-05 Jun-05 May-05 Apr-05 Mar-05 Feb-05 Jan-05
INTEREST RATES (%)1
Central Bank of Malta
2
Central intervention rate 3.25 3.25 3.25 3.25 3.25 3.25 3.25 3.25 3.25 3.00 3.00 3.00
3
Money market intervention rates :
Term deposit rate 3.20 3.20 3.20 3.20 3.20 3.20 3.20 3.20 3.20 2.95 2.95 2.95
Reverse Repo rate 3.30# 3.30# 3.30# 3.30# 3.30# 3.27 3.27 3.28 3.26 3.00 3.05# 3.05#
Rate on standby (collateralised) loans 4.25 4.25 4.25 4.25 4.75 4.75 4.75 4.75 4.75 4.50 4.50 4.50
4
Rate on overnight deposits 2.25 2.25 2.25 2.25 1.75 1.75 1.75 1.75 1.75 1.50 1.50 1.50
Remuneration on required reserves 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 2.75 2.75 2.75
Interbank market offered rates5
Overnight 3.18 3.23 2.95 3.24 3.25 3.20 3.21 3.26 2.95 2.95 2.95 2.95*
1 week 3.27* 3.25 3.15 3.26 3.24 3.26 3.24 3.25 2.97 2.95 2.97 2.96
1 month 3.29* 3.29 3.29 3.27 3.26* 3.26 3.26 3.25 3.25* 2.98 2.97 2.97
3 month 3.32* 3.30 3.32* 3.3* 3.29* 3.29* 3.29* 3.29* 3.29* 3.01* 3.01* 3.01*
Notes:
1
End of month rates unless otherwise indicated.
2
As from March 1998 the Central Intervention Rate replaced the Discount Rate.
3
From July 1999 up to 15 September 2005, the tenor of intruments auctioned by the Bank was incresed from 7 days to 14 days. Until April 2002, the Central Bank of Malta injected rate was
referred to as repo rate. As from May 2002, it is referred to as rev
4
As from 15 July 1996, the Central Bank of Malta ceased paying interest on overnight call account balances. An overnight deposit facility was re-introduced on 9 September 1999.
5
In the absence of dealing in the interbank market, rates indicated by an asterix(*) represent the average of fixing rates compiled by the Central Bank of Malta. These are the rates at which the
credit institutions are prepared to deal in the local inter
CENTRAL BANK OF MALTA
FINANCIAL MARKETS - HISTORIC RATES
Dec-04 Nov-04 Oct-04 Sep-04 Aug-04 Jul-04 Jun-04 May-04 Apr-04 Mar-04 Feb-04 Jan-04
INTEREST RATES (%)1
Central Bank of Malta
2
Central intervention rate 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00
3
Money market intervention rates :
Term deposit rate 2.95 2.95 2.95 2.95 2.95 2.95 2.95 2.95 2.95 2.95 2.95 2.95
Reverse Repo rate 3.05# 3.05# 3.05# 3.05# 3.05# 3.05# 3.05# 3.05# 3.05# 3.05# 3.05# 3.05#
Rate on standby (collateralised) loans 4.50 4.50 4.50 4.50 4.50 4.50 4.50 4.50 4.50 4.50 4.50 4.50
4
Rate on overnight deposits 1.50 1.50 1.50 1.50 1.50 1.50 1.50 1.50 1.50 1.50 1.50 1.50
Remuneration on required reserves 2.75 2.75 2.75 2.75 2.75 2.75 2.75 2.75 2.75 2.75 2.75 2.75
Interbank market offered rates5
Overnight 2.95 2.96 2.92 2.90 2.90 2.95 2.90 2.80 2.89 2.95 2.95 2.95
1 week 2.95 2.95 2.95 2.95* 2.95* 2.96 2.95 2.95 2.95 2.95* 2.96 2.95
1 month 2.98 2.98 2.97* 2.97* 2.97* 2.96* 2.96* 2.96* 2.96* 2.82 2.98 2.98
3 month 3.01* 3.01* 2.80 3.01* 3.01* 3.00* 2.98* 2.98* 2.98* 2.99* 3.01* 3.00*
Notes:
1
End of month rates unless otherwise indicated.
2
As from March 1998 the Central Intervention Rate replaced the Discount Rate.
3
From July 1999 up to 15 September 2005, the tenor of intruments auctioned by the Bank was incresed from 7 days to 14 days. Until April 2002, the Central Bank of Malta injected rate was
referred to as repo rate. As from May 2002, it is referred to as rev
4
As from 15 July 1996, the Central Bank of Malta ceased paying interest on overnight call account balances. An overnight deposit facility was re-introduced on 9 September 1999.
5
In the absence of dealing in the interbank market, rates indicated by an asterix(*) represent the average of fixing rates compiled by the Central Bank of Malta. These are the rates at which the
credit institutions are prepared to deal in the local inter
CENTRAL BANK OF MALTA
FINANCIAL MARKETS - HISTORIC RATES
Dec-03 Nov-03 Oct-03 Sep-03 Aug-03 Jul-03 Jun-03 May-03 Apr-03 Mar-03 Feb-03 Jan-03
INTEREST RATES (%)1
Central Bank of Malta
2
Central intervention rate 3.00 3.00 3.00 3.00 3.25 3.25 3.25 3.50 3.75 3.75 3.75 3.75
3
Money market intervention rates :
Term deposit rate 2.95 2.95 2.95 2.95 3.20 3.20 3.20 3.47 3.70 3.70 3.70 3.70
Reverse Repo rate 3.05# 3.05# 3.05# 3.05# 3.30# 3.30# 3.30# 3.55# 3.80# 3.80# 3.80# 3.80#
Rate on standby (collateralised) loans 3.55 3.55 3.55 3.55 3.80 3.80 3.80 4.05 4.30 4.30 4.30 4.30
4
Rate on overnight deposits 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.55 0.80 0.80 0.80 0.80
Remuneration on required reserves 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70
Interbank market offered rates5
Overnight 2.95 2.95* 2.94* 3.20 3.18* 3.16 3.23* 3.43* 3.55 3.69 3.70* 3.71
1 week 2.96 2.96 2.95 3.21 3.20 3.20 3.26* 3.69 3.62* 3.63* 3.72* 3.80
1 month 2.98* 2.98* 2.98* 3.00* 3.23* 3.23* 3.27* 3.48* 3.71* 3.73* 3.78* 3.79*
3 month 3.00* 3.00* 3.00* 3.03* 3.30* 3.30* 3.34* 3.55* 3.70* 3.76* 3.85* 3.88*
Notes:
1
End of month rates unless otherwise indicated.
2
As from March 1998 the Central Intervention Rate replaced the Discount Rate.
3
From July 1999 up to 15 September 2005, the tenor of intruments auctioned by the Bank was incresed from 7 days to 14 days. Until April 2002, the Central Bank of Malta injected rate was
referred to as repo rate. As from May 2002, it is referred to as rev
4
As from 15 July 1996, the Central Bank of Malta ceased paying interest on overnight call account balances. An overnight deposit facility was re-introduced on 9 September 1999.
5
In the absence of dealing in the interbank market, rates indicated by an asterix(*) represent the average of fixing rates compiled by the Central Bank of Malta. These are the rates at which the
credit institutions are prepared to deal in the local inter
CENTRAL BANK OF MALTA
FINANCIAL MARKETS - HISTORIC RATES
Dec-02 Nov-02 Oct-02 Sep-02 Aug-02 Jul-02 Jun-02 May-02 Apr-02 Mar-02 Feb-02 Jan-02
INTEREST RATES (%)1
Central Bank of Malta
2
Central intervention rate 3.75 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00
3
Money market intervention rates :
Term deposit rate 3.70 3.95 3.95 3.95 3.95 3.95 3.95 3.95 3.95 3.95 3.95 4.20
Reverse Repo rate 3.80# 4.05# 4.05# 4.05# 4.05# 4.05# 4.05# 4.05# 4.05# 4.05# 4.05# 4.05#
Rate on standby (collateralised) loans 4.30 4.55 4.55 4.55 4.55 4.55 4.55 4.55 4.55 4.55 4.55 4.55
4
Rate on overnight deposits 0.80 1.05 1.05 1.05 1.05 1.05 1.05 1.05 1.05 1.05 1.05 1.05
Remuneration on required reserves 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70
Interbank market offered rates5
Overnight 3.73* 3.90 3.99* 3.97 4.00* 3.92* 3.92* 3.92* 4.00 3.50 3.93* 3.94
1 week 3.76* 3.96 3.99* 3.99 4.01* 3.98 3.99 3.99 4.00 3.94* 3.98 4.25
1 month 3.80* 4.01* 4.10* 4.17* 4.20* 4.13* 4.13 4.13 4.13 4.15 4.18 4.58
3 month 3.90* 4.09* 4.19* 4.25* 4.28* 4.33* 4.33* 4.33* 4.33* 4.35* 4.37* 4.82*
Notes:
1
End of month rates unless otherwise indicated.
2
As from March 1998 the Central Intervention Rate replaced the Discount Rate.
3
From July 1999 up to 15 September 2005, the tenor of intruments auctioned by the Bank was incresed from 7 days to 14 days. Until April 2002, the Central Bank of Malta injected rate was
referred to as repo rate. As from May 2002, it is referred to as rev
4
As from 15 July 1996, the Central Bank of Malta ceased paying interest on overnight call account balances. An overnight deposit facility was re-introduced on 9 September 1999.
5
In the absence of dealing in the interbank market, rates indicated by an asterix(*) represent the average of fixing rates compiled by the Central Bank of Malta. These are the rates at which the
credit institutions are prepared to deal in the local inter
CENTRAL BANK OF MALTA
FINANCIAL MARKETS - HISTORIC RATES
Dec-01 Nov-01 Oct-01 Sep-01 Aug-01 Jul-01 Jun-01 May-01 Apr-01 Mar-01 Feb-01 Jan-01
INTEREST RATES (%)1
Central Bank of Malta
2
Central intervention rate 4.25 4.25 4.50 4.50 4.50 4.75 4.75 4.75 4.75 4.75 4.75 4.75
3
Money market intervention rates :
Term deposit rate 4.22 4.24 4.45 4.45# 4.45# 4.74 4.70# 4.70# 4.70# 4.70# 4.70# 4.73
Reverse Repo rate 4.29 4.53 4.52 4.55 4.80 4.80 4.80 4.80 4.80 4.80 4.80 4.80
Rate on standby (collateralised) loans 4.80 4.80 5.05 5.05 5.05 5.30 5.30 5.30 5.30 5.30 5.30 5.30
4
Rate on overnight deposits 1.30 1.30 1.55 1.55 1.55 1.80 1.80 1.80 1.80 1.80 1.80 1.80
Remuneration on required reserves 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70
Interbank market offered rates5
Overnight 3.65 4.45 4.40 4.50 4.73 4.78* 4.75 4.55 4.76 4.44 3.50 4.75
1 week 4.25 4.49 4.50 4.47 4.78 4.76 4.76 4.79 4.75 4.77 4.78 4.78
1 month 4.58* 4.58* 4.73* 4.73* 4.90* 4.87* 4.87* 4.87* 4.87* 4.87* 4.87* 4.87*
3 month 4.82* 4.82* 4.93* 4.93* 4.98* 4.93* 4.93* 4.93* 4.93* 4.93* 4.92* 4.92*
Notes:
1
End of month rates unless otherwise indicated.
2
As from March 1998 the Central Intervention Rate replaced the Discount Rate.
3
From July 1999 up to 15 September 2005, the tenor of intruments auctioned by the Bank was incresed from 7 days to 14 days. Until April 2002, the Central Bank of Malta injected rate was
referred to as repo rate. As from May 2002, it is referred to as rev
4
As from 15 July 1996, the Central Bank of Malta ceased paying interest on overnight call account balances. An overnight deposit facility was re-introduced on 9 September 1999.
5
In the absence of dealing in the interbank market, rates indicated by an asterix(*) represent the average of fixing rates compiled by the Central Bank of Malta. These are the rates at which the
credit institutions are prepared to deal in the local inter
CENTRAL BANK OF MALTA
FINANCIAL MARKETS - HISTORIC RATES
Dec-00 Nov-00 Oct-00 Sep-00 Aug-00 Jul-00 Jun-00 May-00 Apr-00 Mar-00 Feb-00 Jan-00
INTEREST RATES (%)1
Central Bank of Malta
2
Central intervention rate 4.75 4.75 4.75 4.75 4.75 4.75 4.75 4.75 4.75 4.75 4.75 4.75
3
Money market intervention rates :
Term deposit rate 4.70# 4.70# 4.72 4.72 4.72 4.72 4.72 4.72 4.72 4.72 4.72 4.73
Reverse Repo rate 4.80 4.80 4.80 4.80 4.80 4.80 4.80# 4.80 4.80 4.80# 4.80# 4.80#
Rate on standby (collateralised) loans 5.30 5.30 5.30 5.30 5.30 5.30 5.30 5.30 5.30 5.30 5.30 5.30
4
Rate on overnight deposits 1.80 1.80 1.80 1.80 1.80 1.80 1.80 1.80 1.80 1.80 1.80 1.80
Remuneration on required reserves 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70
Interbank market offered rates5
Overnight 4.75 4.78* 4.85* 4.73 4.73 4.50 4.50 4.70 4.50 4.85* 4.80 4.45
1 week 4.78 4.77 4.75 4.77 4.77 4.75 4.70 4.73 4.78 4.73 4.55 4.55
1 month 4.87* 4.87* 4.90* 4.90* 4.90* 4.90* 4.90* 4.90 4.85 4.85 4.67 4.75
3 month 4.92* 4.92* 4.97* 4.97* 4.97* 4.97* 4.97* 4.97* 4.97* 4.97* 5.00* 5.00*
Notes:
1
End of month rates unless otherwise indicated.
2
As from March 1998 the Central Intervention Rate replaced the Discount Rate.
3
From July 1999 up to 15 September 2005, the tenor of intruments auctioned by the Bank was incresed from 7 days to 14 days. Until April 2002, the Central Bank of Malta injected rate was
referred to as repo rate. As from May 2002, it is referred to as rev
4
As from 15 July 1996, the Central Bank of Malta ceased paying interest on overnight call account balances. An overnight deposit facility was re-introduced on 9 September 1999.
5
In the absence of dealing in the interbank market, rates indicated by an asterix(*) represent the average of fixing rates compiled by the Central Bank of Malta. These are the rates at which the
credit institutions are prepared to deal in the local inter
CENTRAL BANK OF MALTA
FINANCIAL MARKETS - HISTORIC RATES
Dec-99 Nov-99 Oct-99 Sep-99 Aug-99 Jul-99 Jun-99 May-99 Apr-99 Mar-99 Feb-99 Jan-99
INTEREST RATES (%)1
Central Bank of Malta
2
Central intervention rate 4.75 4.75 4.75 4.75 4.95 4.95 4.95 4.95 4.95 4.95 5.35 5.35
3
Money market intervention rates :
Term deposit rate 4.70 4.70 4.74 4.74 4.93 4.92 4.91 4.94 4.94 4.95 5.34 5.33
Reverse Repo rate 4.80# 4.80# 4.80 5.00 5.00 5.00# 5.00# 5.00# 5.00# 5.00# 5.40# 5.40#
Rate on standby (collateralised) loans 5.30 5.30 5.30 5.30 5.50 5.50 5.50 5.80 6.00 6.00 6.00 6.00
4
Rate on overnight deposits 1.80 1.80 1.80 1.80 - - - - - - - -
Remuneration on required reserves 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70
Interbank market offered rates5
Overnight 4.75 4.76 4.44 4.85 5.03 5.02* 4.75 5.05 5.05 4.70 4.90 5.30
1 week 4.74 4.71 4.64 4.80 4.95 4.90 4.90 4.91 5.19 5.20 5.36 5.40
1 month 4.75 4.65 4.92* 4.98* 4.95 4.90 5.03 5.07 5.26 5.85 5.80 5.71
3 month 5.00* 5.00* 5.00* 5.07* 5.22* 5.22* 5.22* 5.33* 5.27 5.75 5.78* 5.78*
Notes:
1
End of month rates unless otherwise indicated.
2
As from March 1998 the Central Intervention Rate replaced the Discount Rate.
3
From July 1999 up to 15 September 2005, the tenor of intruments auctioned by the Bank was incresed from 7 days to 14 days. Until April 2002, the Central Bank of Malta injected rate was
referred to as repo rate. As from May 2002, it is referred to as rev
4
As from 15 July 1996, the Central Bank of Malta ceased paying interest on overnight call account balances. An overnight deposit facility was re-introduced on 9 September 1999.
5
In the absence of dealing in the interbank market, rates indicated by an asterix(*) represent the average of fixing rates compiled by the Central Bank of Malta. These are the rates at which the
credit institutions are prepared to deal in the local inter
CENTRAL BANK OF MALTA
FINANCIAL MARKETS - HISTORIC RATES
Dec-98 Nov-98 Oct-98 Sep-98 Aug-98 Jul-98 Jun-98 May-98 Apr-98 Mar-98 Feb-98 Jan-98
INTEREST RATES (%)1
Central Bank of Malta
2
Central intervention rate 5.45 5.45 5.45 5.45 5.45 5.45 5.45 5.45 5.45 5.50 5.50 5.50
3
Money market intervention rates :
Term deposit rate 5.43 5.43 5.43 5.40# 5.40# 5.42 5.42 5.41 5.40 5.38 5.32 5.25
Reverse Repo rate 5.50 5.50 5.50 5.50 5.50 5.50 5.50# 5.50# 5.50# 5.55# 5.55# 5.50
Rate on standby (collateralised) loans 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00
4
Rate on overnight deposits - - - - - - - - - - - -
Remuneration on required reserves 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70
Interbank market offered rates5
Overnight 5.50 5.45 4.90 4.90 4.90 5.55 4.50 4.90 5.36 5.10 5.00 4.90
1 week 5.56 5.53 5.50 5.55 5.49 5.49 5.47 5.41 5.41 5.38 5.38 5.25
1 month 5.70 5.80 5.70 5.60 5.70 5.60 5.60 5.51 5.58 5.45 5.55 5.45
3 month 5.95 5.80 5.85 6.00 5.78* 5.78* 5.77* 5.80* 5.65 5.67* 5.60* 5.54
Notes:
1
End of month rates unless otherwise indicated.
2
As from March 1998 the Central Intervention Rate replaced the Discount Rate.
3
From July 1999 up to 15 September 2005, the tenor of intruments auctioned by the Bank was incresed from 7 days to 14 days. Until April 2002, the Central Bank of Malta injected rate was
referred to as repo rate. As from May 2002, it is referred to as rev
4
As from 15 July 1996, the Central Bank of Malta ceased paying interest on overnight call account balances. An overnight deposit facility was re-introduced on 9 September 1999.
5
In the absence of dealing in the interbank market, rates indicated by an asterix(*) represent the average of fixing rates compiled by the Central Bank of Malta. These are the rates at which the
credit institutions are prepared to deal in the local inter
CENTRAL BANK OF MALTA
FINANCIAL MARKETS - HISTORIC RATES
Dec-97 Nov-97 Oct-97 Sep-97 Aug-97 Jul-97 Jun-97 May-97 Apr-97 Mar-97 Feb-97 Jan-97
INTEREST RATES (%)1
Central Bank of Malta
2
Central intervention rate 5.50 5.50 5.50 5.50 5.50 5.50 5.50 5.50 5.50 5.50 5.50 5.50
3
Money market intervention rates :
Term deposit rate 5.22 5.13 5.12 5.12 5.12 5.09 5.09 5.08 5.08 5.08 5.08 5.06
Reverse Repo rate 5.50 5.50 5.50 5.50 5.50 5.50 5.50 5.50 5.40 5.40 5.40 5.40
Rate on standby (collateralised) loans 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00
4
Rate on overnight deposits - - - - - - - - - - - -
Remuneration on required reserves 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70 2.70
Interbank market offered rates5
Overnight 4.95 3.90 4.90 4.96 5.14 4.77 4.85 5.00 4.90 4.40 5.05 3.22
1 week 5.26 5.16 5.15 5.14 5.13 5.17 5.15 5.27 5.13 5.12 5.12 5.04
1 month 5.38 5.27 5.25 5.25 5.25 5.25 5.26 5.25 5.23 5.25 5.25 5.25
3 month 5.51 5.35 - 5.34 5.38 - 5.40 5.39 5.30 5.40 5.33 -
Notes:
1
End of month rates unless otherwise indicated.
2
As from March 1998 the Central Intervention Rate replaced the Discount Rate.
3
From July 1999 up to 15 September 2005, the tenor of intruments auctioned by the Bank was incresed from 7 days to 14 days. Until April 2002, the Central Bank of Malta injected rate was
referred to as repo rate. As from May 2002, it is referred to as rev
4
As from 15 July 1996, the Central Bank of Malta ceased paying interest on overnight call account balances. An overnight deposit facility was re-introduced on 9 September 1999.
5
In the absence of dealing in the interbank market, rates indicated by an asterix(*) represent the average of fixing rates compiled by the Central Bank of Malta. These are the rates at which the
credit institutions are prepared to deal in the local inter
Related docs
