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LATEST NEWS

11

Nov 2024

Professor Avinash Persaud discusses How to Break the Climate Finance Deadlock at COP29 with Multilateral Development Banks

In a recent Interview with the Climate Team at the International Peace Institute Global Observatory, Professor Avinash Persaud explores the role of Multilateral Development Banks (MDBs) in climate finance and how, with shareholder support, they can help break the New Collective Quantified Goal's (NCQG's) deadlock and deliver climate finance at scale. On October 4, 2024, Professor Persaud delivered the keynote address at the Central Bank’s 34th Dr. Eric Williams Memorial Lecture on the topic "Addressing Climate Change in the Caribbean will cost a Whole Lot of Money; Who Pays?" .  UN Climate Change Conference Baku (COP29) takes place from November 11 – 22, 2024 .

 

08

Nov 2024

63rd Bi-Annual Meeting of CARICOM Central Bank Governors

The Central Bank of Barbados hosted the 63rd Bi-Annual Meeting of the CARICOM Committee of Central Bank Governors in Bridgetown on Thursday, November 7 and Friday, November 8, 2024. The meeting brought together senior officials to address pressing economic issues and strengthen the region’s financial systems, with a focus on key topics such as financial stability, cybersecurity, and regional economic performance.

06

Nov 2024

How is climate change affecting Trinidad and Tobago's Economy?

In the fifth Note in its Public Education Series, the Central Bank outlines the potential impact of climate change on Trinidad and Tobago.

 


TREASURY BILL AUCTION

CURRENT TBILL AUCTION

Issue No Issue Date Maturity Date Auction Closing Date Amount (TT$Mn) Term
1742 13-Nov-2024 12-Nov-2025 11-Nov-2024 75 364 days
1741 04-Nov-2024 05-May-2025 30-Oct-2024 75 182 days



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YIELD CURVE

EXCHANGE RATES

13 Nov 2024

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Buying

USD

6.7542

CAN

4.8832

GBP

8.6618

EUR

7.1914
Selling

USD

6.7643

CAN

5.2470

GBP

9.2717

EUR

7.9096

REPO AND MMRR RATES

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

INTEREST RATES

13 Nov 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

September 2024

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HEADLINE CORE FOOD
0.4 0.1 1.3
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