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LATEST NEWS

06

Oct 2024

Cybertips of the Week (Week 1) 

During the month of October, in honour of Cybersecurity Awareness Month, we will share a “Cybertip of the Day” with information and advice to help you to be more secure while browsing or conducting transactions online. Check out our week 1 roundup of cybertips.

30

Sep 2024

Notice Of Revocation Of Provisional Registration To Issue Electronic Money

Notice is hereby given that the provisional registration of MyCash (Trinidad & Tobago) Limited to conduct the business of an E-Money Issuer granted on October 2, 2023, and extended on April 2, 2024, under clause 6 of the E-Money Issuer Order, 2020 (as amended) (the Order), is revoked, with effect from September 30, 2024, in accordance with clause 6(5)(b) of the Order and section 17(5)(c)(i) of the Financial Institutions Act, 2008.

27

Sep 2024

Central Bank reports progress of critical projects in Strategic Plan update

On September 27, 2024 the Central Bank posted the latest semi-annual update on the execution of its 2021/22-2025/26 Strategic Plan. The Bank made good progress in the cited areas involving cybersecurity; update of the polymer $100 banknote; boosting efficiency of the domestic payments system; improving private sector pension regulation; and consolidation of internal work processes. The groundwork was also strengthened for key projects carded for the new financial year, beginning October 1, 2024.


TREASURY BILL AUCTION

CURRENT TBILL AUCTION

Issue No Issue Date Maturity Date Auction Closing Date Amount (TT$Mn) Term
1738 16-Oct-2024 15-Jan-2025 14-Oct-2024 75 91
1737 02-Oct-2024 02-Jan-2025 30-Sep-2024 75 92 days



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YIELD CURVE

EXCHANGE RATES

08 Oct 2024

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Buying

USD

6.7053

CAN

4.9534

GBP

8.7931

EUR

7.5078
Selling

USD

6.7993

CAN

5.3229

GBP

9.5962

EUR

7.9517

REPO AND MMRR RATES

REPO RATE
SEPT 2024
3.50%
Repo Rate
MMRR
JUN 2024
3.25%
MMRR Rate

INTEREST RATES

08 Oct 2024

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Discount Rate 5.50
Prime Lending Rate (Median) 7.50
Prime Lending Rate (Average) 7.57
Overnight Interbank Rate 0.57

INFLATION RATES

August 2024

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HEADLINE CORE FOOD
0.4 0.1 1.5
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