2009-03-23 | TED-FEM-FPC-GEN-01-041-09

Circular on Lending Rates on the CBN Window

This document outlines the lending rates for Central Bank of Nigeria (CBN) Window and the Expanded Discount Window (EDW) based on tenor periods for all Deposit Money Banks and Discount Houses. The repo rates range from MPR + 25 basis points (bps) for 1-3 day tenors to MPR + 475 bps for 180 days in the CBN Window, while they range from MPR + 300 bps for 1-3 days to MPR + 500 bps for a 360-day tenor in the EDW. The maximum spread remains 500 bps on 360-day EDW facility, while it stays at 195 bps above the prevailing CBN MPR for the 90-day tenor repo.

Nigeria

Central Bank of Nigeria

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