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Know Your Money

LATEST NEWS

25

Sep 2020

Monetary Policy Announcement - September 2020

Globally, there is little sign of an overall deceleration in the pace of infections of the Covid-19 virus. The economies of many developed and developing countries contracted in the second quarter of 2020, despite significant fiscal and monetary policy actions as authorities implemented restrictions to curb the spread of the virus. 

25

Sep 2020

Strategic Plan - Project Implementation Update, Year 4 Half Year 2

The Central Bank of Trinidad and Tobago has successfully completed four years of its five year Strategic Plan, with major achievements in all areas.

23

Sep 2020

Live Webinar on Current Financial Stability Issues in Trinidad and Tobago- October 1, 2020

Join us on Thursday October 1, 2020 at 10:00 a.m. for a live Webinar on the Current Financial Stability Issues in Trinidad and Tobago with presentations by Dr. Alvin Hilaire - Governor of The Central Bank of Trinidad and Tobago, Mr. Patrick Solomon - Inspector of Financial Institutions and Mrs. Michelle Francis-Pantor - Deputy Inspector, Banks, Non-Banks and Payment Systems Oversight, followed by a question and answer segment.


TREASURY BILL AUCTION

CURRENT TBILL AUCTION

Issue No Issue Date Maturity Date Auction Closing Date Amount Term
1641 07-Oct-2020 06-Jan-2021 05-Oct-2020 75 M 91 days
1640 02-Sep-2020 01-Sep-2021 28-Aug-2020 75 M 364 days



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YIELD CURVE

EXCHANGE RATES

25 Sep 2020

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Buying

USD

6.7410

CAN

5.1061

GBP

8.5372

EUR

7.9048
Selling

USD

6.7967

CAN

5.4134

GBP

9.0985

EUR

8.3894

INTEREST RATES

25 Sep 2020

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

INFLATION RATES

March  2020

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HEADLINE CORE FOOD
0.4 0.2 1.2

REPO AND MMRR RATES

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Repo Rate

Jun 2020

3.50%

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MMRR

Sep 2020

3.00%

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