Regulatory Alerts2020-02-01
Instruction Fixing the BCRG Key Rate
The Governor of the Central Bank of Guinea (BCRG) has issued Instruction No. 061/DGCC/DPMC/2016 to set the Key Rate at 12.50% and the Overnight Repo Rate (TPO) at 16.50%. The directive establishes a clear hierarchical pricing structure for liquidity operations, penalties, and deposits relative to the TPO, while mandating that commercial banks report these rates monthly and display them publicly. Effective upon signature, this Instruction supersedes all prior contrary provisions, specifically repealing the February 2015 directive.
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