Regulatory Alerts2025-05-08
Instruction No. 003-DOM/25 of April 28, 2025 on the Policy Rate and Interest Rate Corridor System of Banky Foiben'i Madagasikara
Banky Foiben'i Madagasikara issued Instruction No. 003-DOM/25 on April 28, 2025 to formally establish its policy rate and operationalize a structured interest rate corridor framework. The directive requires all supervised financial institutions to price their interbank, lending, and deposit operations strictly within the newly defined upper and lower corridor boundaries. This regulatory update standardizes monetary policy transmission, enhances liquidity management, and ensures consistent interest rate alignment across the national banking system.
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