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LATEST NEWS

15

Sep 2020

Visual Summary - Economic Bulletin July 2020

Prospects for the domestic economy are anticipated to be stymied over the short- to medium-term as uncertainties surrounding the coronavirus pandemic weigh on global demand for energy products.

15

Sep 2020

Economic Bulletin July 2020

The Novel Coronavirus (COVID-19) pandemic has triggered a global economic recession in 2020—the deepest since the Great Depression.

01

Sep 2020

Enhancing Cross Border Payments: Perspectives from Trinidad and Tobago

On September 1, 2020 Governor Hilaire made a presentation as part of a Panel Discussion at a Regional Outreach Webinar hosted by the Bank for International Settlements. The Webinar discussed a Report on Enhancing Cross Border Payments. Presentation by Dr. Hilaire. For further details, see the following link: https://www.bis.org/cpmi/publ/d193.htm
 


TREASURY BILL AUCTION

CURRENT TBILL AUCTION

Issue No Issue Date Maturity Date Auction Closing Date Amount Term
1640 02-Sep-2020 01-Sep-2021 28-Aug-2020 75 M 364 days
1639 01-Sep-2020 01-Mar-2021 27-Aug-2020 75 M 181 days



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YIELD CURVE

EXCHANGE RATES

18 Sep 2020

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Buying

USD

6.7214

CAN

5.1216

GBP

8.6863

EUR

7.8439
Selling

USD

6.7770

CAN

5.4481

GBP

9.1858

EUR

8.5259

INTEREST RATES

18 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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