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Live on September 5, 2023

LATEST NEWS

18

Sep 2023

Treasury Bill Nos. 1713 and 1714

Invest in Treasury Bills Today! Treasury Bills are government-guaranteed investment instruments that are available to individuals and institutions. You are invited to submit bids to the Central Bank of Trinidad and Tobago by 12:00 noon on the auction date for the upcoming issue.

15

Sep 2023

Office of the Financial Services Ombudsman Opens its Tobago Office

On September 15, 2023 the Office of the Financial Services Ombudsman(OFSO) opened its Tobago office to reestablish a presence for the convenience of the Tobago public. This milestone achievement was commemorated with a symbolic ribbon cutting ceremony on location at the Victor E. Bruce Financial Complex, Post Street, Scarborough Tobago.

14

Sep 2023

Central Bank Issues Cybersecurity Best Practices Guideline

The Central Bank of Trinidad and Tobago has issued the Cybersecurity Best Practices Guideline following comments from the public on the draft Guideline. The Guideline is applicable to institutions regulated by the Central Bank.  Other companies are encouraged to adopt the Guideline as a means of managing their cybersecurity risks but are not required to report to the Central Bank.

The Guideline incorporates 20 requirements arranged under 6 categories (i) governance (ii) risk management (iii) awareness and training (iv) business continuity and disaster recovery (v) testing and (vi) incident management and reporting.

The Guideline is available for download here along with the Cyber Incident Reporting Form and a Self-Assessment Checklist.

Click here to view our webinar on Cyber Security in Financial Institutions: Best Practice held in June 2023.


TREASURY BILL AUCTION

CURRENT TBILL AUCTION

Issue No Issue Date Maturity Date Auction Closing Date Amount Term
1714 18-Oct-2023 17-Jan-2024 16-Oct-2023 75,000 91 days
1713 04-Oct-2030 03-Jan-2034 02-Oct-2023 75,000 91 days



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YIELD CURVE

EXCHANGE RATES

22 Sep 2023

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Buying

USD

6.7343

CAN

5.0136

GBP

8.1705

EUR

7.1007
Selling

USD

6.7630

CAN

5.3061

GBP

8.8768

EUR

7.6473

REPO AND MMRR RATES

REPO RATE
JUN 2023
3.50%
Repo Rate
MMRR
SEP 2021
3.00%
MMRR Rate

INTEREST RATES

22 Sep 2023

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Discount Rate 5.50
Prime Lending Rate (Median) 7.50
Prime Lending Rate (Average) 7.57
Overnight Interbank Rate 0.50

INFLATION RATES

July  2023

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HEADLINE CORE FOOD
4.7 3.7 8.6
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