CONTENTS
BANK OF MAURITIUS WEB SITE
Home Page Address : http://bom.intnet.mu
E-Mail Address : bomrd@bow.intnet.mu
OVERVIEW
New Monetary Policy Measures
TABLES
1 Selected Economic Indicators
2 Monetary Survey
3 Bank of Mauritius - Assets
4 Bank of Mauritius - Liabilities
5 Bank of Mauritius Assets and Liabilities as at 30 November 2000
6 Commercial Banks - Assets
7 Commercial Banks - Liabilities
8 Consolidated Statement of Assets and Liabilities of Commercial Banks as at end October 2000
9 Sector-wise Distribution of Commercial Banks' Credit to the Private Sector: June 1998- October 2000
10 Sector-wise Distribution of Commercial Banks' Credit to the Private Sector as at end October 2000
11 Components and Sources of Reserve Money
12 Components and Sources of Broad Money (M2)
13 Currency in Circulation
14 Auctions of Treasury Bills
15 Bank Rate and Weighted Average Yields on Treasury Bills
16 Auctions of Treasury Bills: Maturity-wise
17 Repurchase Transactions
18 Secondary Market Activity
19 Transactions on the Interbank Money Market
20 Maintenance of Cash Ratio by Commercial Banks
21 Cheque Clearances
22 Principal Interest Rates
23 Other Interest Rates
24 Transactions on the Stock Exchange of Mauritius
25 Consumer Price Index and Inflation Rate
26 Net International Reserves
27 Transactions on the Interbank Foreign Exchange Market
28 Bank of Mauritius - Intervention and Related Transactions on the interbank Foreign Exchange Market
29 Exchange Rate of the Rupee (End of Period)
30 Exchange Rate of the Rupee (Period Average)
31 Exchange Rate of the Rupee vis-à-vis Major Trading Partner Currencies
32 Exchange Rates of Selected Currencies vis-à-vis the Euro (Period Average)
33 Exchange Rates of Selected Currencies vis-à-vis the US dollar
34 Inward and Outward Remittances of Foreign Currencies
35 Foreign Direct Investment in Mauritius by Sector, 1990-1999
36 Direct Investment Abroad by Sector, 1990-1999
37 Consolidated Assets and Liabilities of Offshore Banks
38 Electronic Banking Transactions
List of Authorised Banks, Non-Bank Deposit-Taking Institutions, Money-Changers and Foreign Exchange Dealers as at 30 November 2000
Overview
Net foreign assets of the banking system went up for the second consecutive month, increasing by Rs356 million or by 1.5 per cent, from Rs23,323 million at the end of September 2000 to Rs23,679 million at the end of October 2000. Net foreign assets of Bank of Mauritius rose by Rs91 million or by 0.5 per cent, from Rs16,895 million to Rs16,986 million. Net foreign assets of commercial banks went up by Rs265 million or by 4.1 per cent, from Rs6,428 million to Rs6,693 million.
It is estimated that the net foreign assets of the banking system rose by Rs8,282 million to Rs31,961 million at the end of November 2000. Net foreign assets of Bank of Mauritius increased by Rs7,409 million to Rs24,395 million at the end of November 2000, largely on account of the sale of shares by Mauritius Telecom to France Telecom. Net foreign assets of commercial banks are estimated to have increased by Rs872 million to Rs7,565 million at the end of November 2000.
Domestic credit registered a drop of Rs616 million or of 0.7 per cent, from Rs89,631 million at the end of September 2000 to Rs89,015 million at the end of October 2000.
Net credit to Government fell by Rs702 million or by 3.6 per cent, from Rs19,628 million at the end of September 2000 to Rs18,926 million at the end of October 2000. Net credit to Government from Bank of Mauritius went down by Rs270 million or by 6.2 per cent, from Rs4,373 million to Rs4,103 million. Net credit to Government from commercial banks declined by Rs432 million or by 2.8 per cent, from Rs15,255 million to Rs14,823 million.
Net credit to Government is estimated to have declined by around Rs6,322 million to Rs12,604 million at the end of November 2000 mainly as net credit to Government from Bank of Mauritius has declined by Rs5,968 million. Net credit to Government from commercial banks is estimated to have also declined by Rs354 million to Rs14,469 million at the end of November 2000.
Credit to the private sector from commercial banks went up by Rs100 million or by 0.1 per cent, from Rs69,323 million at the end of September 2000 to Rs69,423 million at the end of October 2000. Additional credit was extended to "EPZ" (Rs262 million), "Hotels" (Rs128 million) and "Personal & Professional" (Rs92 million).
Money supply M2 fell by Rs175 million or by 0.2 per cent, from Rs91,478 million at the end of September 2000 to Rs91,303 million at the end of October 2000. Narrow money supply, one of the components of M2, went down by Rs397 million or by 3.4 per cent, from Rs11,548 million to Rs11,151 million. Quasi-money, the other component of M2, went up by Rs222 million or by 0.3 per cent, from Rs79,930 million to Rs80,152 million.
The level of reserve money fell by Rs255 million or by 2.5 per cent, from Rs10,324 million at the end of September 2000 to Rs10,069 million at the end of October 2000.
Based on liquidity conditions in the market, the Bank carried out four repo transactions and one reverse repo transaction with commercial banks in November 2000 for periods varying from 1 to 3 days. The lowest yield accepted for repo transactions was 7.25 per cent and the highest yield accepted for the reverse repo transaction was 8.0 per cent.
Between end June 2000 and end October 2000, the number of Automated Teller Machines (ATMs) in operation in Mauritius increased by 9 from 221 to 230 and the number of cardholders (that is to say the number of cards in circulation) went up by 21,792 from 610,849 to 632,641. The number of transactions involving the use of credit cards, debit cards, ATMs and Merchant Points of Sale increased from 1.416 million in June 2000 to 1.655 million in October 2000. The value of such transactions increased from Rs1,998 million to Rs2,582 million over that period. Outstanding advances on credit cards rose from Rs 536 million to Rs 568 million.
On the international foreign exchange market, during November 2000, the US dollar, on an average basis, appreciated against all major currencies. As widely expected, the Federal Reserve at its FOMC meeting on 15 November left its US federal funds rate unchanged at 6.5 per cent. In its accompanying statement, the FOMC maintained its tightening bias, warning that inflation still posed a threat to the slowing US economy. The euro, which opened the month trading at around US$0.8478, surged just below the US$0.88 level on 5 November, when the ECB caught the market by surprise twice during the day with unilateral euro-buying intervention firstly in European trading and later in US trade. In the wake of a second day of solo intervention by the ECB, the euro managed to trade above the 87 cents level on 6 November. However, as dealers tested the ECB’s resolve of defending its currency alone, the euro gradually eased against the dollar. On 9 November, the ECB repeated its third unilateral intervention, which, however, had a smaller impact on the euro as the market cautioned about the effectiveness of repetitive interventions. Meanwhile, amid the perception that a Bush administration was less likely to support further international intervention in defence of the euro, concerns about the economic outlook for the euro zone and lack of further intervention by the ECB, the single currency came under downward pressure and attained an intra-month low of US$0.8374. However, at the close of the month the euro managed to recover against the dollar to trade at around US$0.8588. As widely expected, the ECB left its key refinancing rate unchanged at 4.75 per cent at its meetings on 2 and 16 November. The Pound sterling, amid signs of benign inflation and slower growth next year that made the prospect of further rate hikes unlikely, weakened against the US dollar. The Bank of England left its key repo rate unchanged at 6.0 per cent at its MPC meeting on 9 November. Minutes of the meeting released two weeks later revealed a unanimous vote to hold rates unchanged thereby reinforcing market expectations that UK interest rates might have peaked. The yen lost ground against the US dollar in the wake of several yen-negative factors, including a downgrade of the assessment of the Japanese economy for the first time in two years by the Japanese Economic Planning Agency, political uncertainty, weak economic data and a tumble in Tokyo share prices.
Direct sales of foreign currencies by the Mauritius Sugar Syndicate (MSS) to the banking sector during November 2000 amounted to an equivalent of US$38.0 million. The Bank of Mauritius intervened in the interbank foreign exchange market selling a total amount of US$28.0 million.
Reflecting international trends and local market conditions, the rupee, on average, depreciated between October 2000 and November 2000 against the US dollar, euro, Japanese yen and Pound sterling by 2.7 per cent, 2.6 per cent, 2.3 per cent and 0.9 per cent, respectively. The rupee lost ground against the US dollar, trading at an average rate of Rs27.688 in November 2000 as against an average rate of Rs26.937 in October 2000. The rupee weakened against the euro to trade at an average rate of Rs23.689 in November 2000 compared with an average rate of Rs23.066 in October 2000. The rupee eased vis-à-vis the Japanese yen to trade at an average rate of Rs25.505 per 100 Yen in November 2000 from an average rate of Rs24.914 per 100 Yen in October 2000. The rupee softened against the Pound sterling to trade at an average rate of Rs39.499 in November 2000 as against an average rate of Rs39.126 in October 2000.
On an average basis, between January 1999 and November 2000, the Philippines peso, South African rand, Thailand baht, Mauritian rupee, Indonesian rupiah, Singapore dollar, Hong Kong dollar, Taiwan dollar and Korean won appreciated against the euro by 4.4 per cent, 6.2 per cent, 13.4 per cent, 22.4 per cent, 25.0 per cent, 30.3 per cent, 34.5 per cent, 34.7 per cent and 37.6 per cent, respectively.
The foreign exchange reserves of the Bank of Mauritius increased by Rs7,409 million, from Rs16,986 million at the end of October 2000 to Rs24,395 million at the end of November 2000.
Net international reserves of the country, made up of the net foreign assets of the banking system, the foreign assets of the Government and the country’s Reserve Position in the International Monetary Fund (IMF), increased by Rs361 million, from Rs23,822 million at the end of September 2000 to Rs24,183 million at the end of October 2000. Based on the value of the import bill for fiscal year 1999-00, excluding the purchase of aircraft, the end-October 2000 level of net international reserves of the country represented 22.9 weeks of imports, up from 22.5 weeks at the end of September 2000.
1. Interest Rates
The Bank of Mauritius has, with effect from 9 November 2000, increased its Lombard Rate by half percentage point from 12.0 to 12.5 per cent per annum. This increase is considered necessary in an environment where it is desirable to enhance the attractiveness of rupee-denominated assets relative to foreign assets. Changes in the Lombard Rate act as a signalling mechanism for the monetary policy stance of the Bank.
2. Special Line of Credit to EPZ
With effect from 27 November 2000, the Bank of Mauritius is providing a Special Line of Credit for an amount of Rs 500 million to commercial banks for on-lending to the EPZ sector. This facility is designed to strengthen the manufacturing base as well as to enable EPZ companies to modernize their equipment so that they benefit more fully from the opportunities arising from the coming into force of the US Trade and Development Act. The funds will be made available to commercial banks at 5.0 percentage points below the prevailing Lombard Rate for banks to on-lend at 2.5 percentage points below the prevailing Lombard Rate to EPZ companies whose current exports to the euro zone represent 75% of their total exports. The amounts disbursed by the Bank of Mauritius to commercial banks will be repayable not later than 5 years after disbursement with a moratorium of 2 years on the capital from the date of disbursement. Interest will start accruing on the loan facilities as from the date of disbursement of the loan and will be payable monthly.
3. Foreign Currency Swaps
With a view to encouraging efficient Treasury management in the EPZ and the tourism industry, effective 27 November 2000, the Bank of Mauritius has started to conduct short-term back-to-back foreign currency swaps with commercial banks in respect of swaps transacted by banks with EPZ companies. Generally, such swaps, which are exchange rate neutral, are for periods up to one month, with the possibility of roll-over on maturity. The impact of such swaps on money market liquidity will be offset through the use of reverse repos. This facility will enable EPZ companies to manage their foreign exchange earnings more efficiently and to benefit from potential interest rate savings.
Table 1: Selected Economic Indicators |
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Period |
Unit |
1991 |
1992 |
1993 |
1994 |
1995 |
1996 |
1997 |
1998 |
1999 |
2000 |
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1. Population-Republic of Mauritius 1 |
Mid-year |
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1,070,128 |
1,084,401 |
1,097,305 |
1,112,607 |
1,122,118 |
1,133,551 |
1,147,706 |
1,159,729 |
1,174,417 |
1,185,889 4 |
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2. Tourist Arrivals |
Fiscal Year ending June |
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292,550 |
321,000 |
350,370 |
388,255 |
406,556 |
450,493 |
513,798 |
555,616 |
565,324 |
620,030 |
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3. Real GDP Growth Rate |
Calendar Year |
(Per cent) |
4.4 |
6.6 |
5.0 |
5.2 |
5.6 |
6.2 |
5.6 |
5.8 2 |
2.6 3 |
8.3 4 |
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4. Gross National Product (at market prices) |
Calendar Year |
(Rs million) |
44,405 |
49,804 |
56,633 |
62,600 |
68,750 |
76,521 |
86,054 |
97,205 2 |
106,029 3 |
117,405 4 |
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5. GNP Per Capita (at market prices) |
Calendar Year |
(Rupees) |
41,495 |
45,928 |
51,611 |
56,264 |
61,268 |
67,506 |
74,979 |
83,817 2 |
90,282 3 |
99,002 4 |
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6. Inflation Rate |
Fiscal Year ending June |
(Per cent) |
12.8 |
2.9 |
8.9 |
9.4 |
6.1 |
5.8 |
7.9 |
5.4 |
7.9 |
5.3 |
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7. Overall Balance of Payments |
Fiscal Year ending June |
(Rs million) |
+2,456 |
+3,048 |
-909 |
-962 |
-1,009 |
+3,841 |
+1,600 |
-2,293 |
+690 |
+2,141 |
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8. Net International Reserves |
End June |
(Rs million) |
13,456 |
16,329 |
16,115 |
15,513 |
15,007 |
19,304 |
21,443 |
21,349 |
22,575 |
25,214 |
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9. Total Imports (c.i.f.) |
Fiscal Year ending June |
(Rs million) |
24,005 |
25,381 |
27,209 |
31,041 |
35,598 |
37,704 |
41,878 |
49,322 |
54,077 4 |
54,966 4 |
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10. Total Exports (f.o.b.) |
Fiscal Year ending June |
(Rs million) |
18,797 |
20,348 |
21,820 |
24,188 |
25,482 |
29,090 |
33,128 |
36,279 |
41,702 4 |
38,058 4 |
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11. Government Recurrent Revenue |
Fiscal Year ending June |
(Rs million) |
9,715 |
10,548 |
11,595 |
12,890 |
13,047 |
12,779 |
16,544 |
18,471 |
21,327 |
22,490 2 |
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12. Government Recurrent Expenditure |
Fiscal Year ending June |
(Rs million) |
9,214 |
10,273 |
10,894 |
13,088 |
14,517 |
15,939 |
18,853 |
21,010 |
24,743 |
25,560 2 |
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13. Government Capital Expenditure |
Fiscal Year ending June |
(Rs million) |
2,759 |
2,607 |
3,095 |
3,215 |
3,192 |
4,058 |
5,743 |
3,420 |
3,700 |
3,527 2 |
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14. External Debt: Central Government |
End-June |
(Rs million) |
5,964 |
5,476 |
5,712 |
5,766 |
5,778 |
9,159 |
9,666 |
10,752 |
10,037 |
9,870 4 |
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15. Internal Debt: Central Government |
End-June |
(Rs million) |
16,953 |
14,984 |
16,522 |
18,676 |
21,701 |
24,706 |
30,241 |
34,619 |
40,974 |
46,940 5 |
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16. Banking System Net Claims on Public Sector |
End-June |
(Rs million) |
5,045 |
6,968 |
8,190 |
10,871 |
13,529 |
14,798 |
15,759 |
17,358 |
16,014 |
18,466 |
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17. Commercial Banks' Claims on Private Sector |
End-June |
(Rs million) |
14,033 |
16,107 |
20,388 |
26,463 |
30,776 |
32,576 |
37,736 |
49,941 |
60,106 |
67,271 |
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18. Currency with Public |
End-June |
(Rs million) |
2,588 |
2,972 |
3,316 |
3,570 |
3,767 |
4,162 |
4,307 |
4,651 |
4,876 |
5,172 |
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19. Money Supply (M1) |
End-June |
(Rs million) |
5,446 |
6,591 |
6,959 |
7,031 |
8,134 |
8,235 |
8,874 |
10,152 |
10,906 |
11,065 |
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20. Aggregate Monetary Resources (M2) |
End-June |
(Rs million) |
26,767 |
32,105 |
36,380 |
42,853 |
47,859 |
55,476 |
60,359 |
70,878 |
80,204 |
88,935 |
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21. Total Private Sector Deposits with Commercial Banks |
End-June |
(Rs million) |
24,009 |
28,780 |
32,853 |
38,791 |
42,773 |
49,331 |
53,334 |
59,609 |
67,323 |
75,522 |
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1Excluding Agalega and Saint Brandon. |
3 Preliminary estimates. |
5 Revised. |
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2 Revised estimates. |
4 Provisional. |
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Table 2: Monetary Survey |
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(Rs million) |
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End |
FOREIGN |
DOMESTIC CREDIT |
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TOTAL |
MONEY SUPPLY (M1) |
QUASI-MONEY |
AGGREGATE |
OTHER |
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of |
ASSETS |
Claims |
Claims |
Claims on |
Credit to |
Total |
ASSETS |
Currency |
Demand Deposits |
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Total |
Savings |
Time |
Foreign |
Total |
MONETARY |
ITEMS |
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Period |
(NET) |
on |
on |
Other |
Non-Bank |
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with |
Bank of |
Commercial |
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Deposits1 |
Deposits |
Currency |
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RESOURCES |
(NET) |
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Public |
Private |
Bank-like |
Financial |
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Public |
Mauritius |
Banks |
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Deposits |
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(M2) |
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Sector |
Sector |
Institutions |
Institutions |
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(1) |
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(2) |
(1) + (2) |
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1997 |
21,775.0 |
18,273.0 |
43,918.2 |
135.1 |
378.9 |
62,705.3 |
84,480.3 |
5,410.4 |
8.6 |
5,194.5 |
10,613.4 |
26,799.4 |
25,514.3 |
4,903.3 |
57,217.1 |
67,830.5 |
16,649.7 |
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1998 |
19,644.9 |
17,983.4 |
56,652.9 |
151.5 |
570.0 |
75,357.9 |
95,002.7 |
5,832.9 |
28.4 |
5,730.2 |
11,591.5 |
30,477.3 |
27,406.1 |
5,953.9 |
63,837.3 |
75,428.8 |
19,573.9 |
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1999 |
25,545.2 |
17,696.7 |
62,520.7 |
283.8 |
506.4 |
81,007.5 |
106,552.8 |
6,126.7 |
32.5 |
5,844.8 |
12,004.0 |
34,525.1 |
33,094.1 |
7,275.6 |
74,894.7 |
86,898.7 |
19,654.1 |
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Dec-97 |
21,775.0 |
18,273.0 |
43,918.2 |
135.1 |
378.9 |
62,705.3 |
84,480.3 |
5,410.4 |
8.6 |
5,194.5 |
10,613.4 |
26,799.4 |
25,514.3 |
4,903.3 |
57,217.1 |
67,830.5 |
16,649.7 |
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Mar-98 |
21,941.3 |
18,265.3 |
45,981.1 |
135.1 |
415.4 |
64,796.9 |
86,738.2 |
4,695.9 |
12.6 |
4,692.5 |
9,400.9 |
28,614.5 |
26,314.8 |
5,429.8 |
60,359.0 |
69,759.9 |
16,978.2 |
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Jun-98 |
21,118.3 |
17,358.3 |
49,941.1 |
151.5 |
476.2 |
67,927.2 |
89,045.4 |
4,651.4 |
11.2 |
5,489.7 |
10,152.3 |
28,243.8 |
26,234.3 |
6,247.7 |
60,725.8 |
70,878.1 |
18,167.3 |
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Jul-98 |
18,905.2 |
18,081.4 |
50,868.8 |
151.5 |
520.6 |
69,622.3 |
88,527.5 |
4,787.0 |
22.3 |
4,928.1 |
9,737.4 |
28,624.5 |
26,499.2 |
5,159.2 |
60,282.9 |
70,020.3 |
18,507.2 |
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Aug-98 |
18,675.1 |
17,675.9 |
51,856.1 |
151.5 |
528.3 |
70,211.8 |
88,886.9 |
4,836.8 |
10.5 |
5,013.9 |
9,861.3 |
29,156.1 |
26,348.9 |
5,213.3 |
60,718.3 |
70,579.6 |
18,307.3 |
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Sep-98 |
19,365.7 |
17,613.0 |
52,722.8 |
151.5 |
529.6 |
71,017.0 |
90,382.6 |
4,812.5 |
11.0 |
5,954.8 |
10,778.2 |
29,400.5 |
26,284.0 |
5,612.7 |
61,297.2 |
72,075.4 |
18,307.2 |
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Oct-98 |
17,580.7 |
18,429.2 |
54,211.5 |
151.5 |
576.9 |
73,369.2 |
90,949.9 |
5,004.7 |
11.4 |
5,641.6 |
10,657.7 |
29,421.3 |
26,930.3 |
5,692.3 |
62,043.8 |
72,701.5 |
18,248.4 |
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Nov-98 |
17,700.2 |
18,274.4 |
55,241.0 |
151.5 |
574.4 |
74,241.4 |
91,941.6 |
4,971.7 |
18.4 |
5,513.9 |
10,504.0 |
29,601.4 |
27,099.6 |
5,789.5 |
62,490.5 |
72,994.6 |
18,947.1 |
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Dec-98 |
19,644.9 |
17,983.4 |
56,652.9 |
151.5 |
570.0 |
75,357.9 |
95,002.7 |
5,832.9 |
28.4 |
5,730.2 |
11,591.5 |
30,477.3 |
27,406.1 |
5,953.9 |
63,837.3 |
75,428.8 |
19,573.9 |
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Jan-99 |
21,191.8 |
16,699.4 |
56,948.2 |
153.9 |
559.3 |
74,360.8 |
95,552.7 |
5,146.6 |
12.4 |
5,583.6 |
10,742.7 |
31,150.1 |
27,654.2 |
6,271.3 |
65,075.6 |
75,818.3 |
19,734.4 |
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Feb-99 |
21,184.6 |
16,516.0 |
57,300.3 |
153.9 |
553.5 |
74,523.8 |
95,708.4 |
5,027.5 |
51.0 |
5,469.8 |
10,548.3 |
31,851.9 |
28,858.8 |
5,878.8 |
66,589.5 |
77,137.8 |
18,570.6 |
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Mar-99 |
22,077.5 |
16,523.8 |
57,832.3 |
32.7 |
556.1 |
74,944.9 |
97,022.4 |
5,000.1 |
10.6 |
5,519.1 |
10,529.8 |
31,647.7 |
29,224.0 |
6,366.0 |
67,237.7 |
77,767.5 |
19,254.9 |
|
|
|
Apr-99 |
21,543.4 |
16,815.1 |
57,878.0 |
32.7 |
587.2 |
75,313.0 |
96,856.4 |
5,001.0 |
101.7 |
5,684.0 |
10,786.6 |
31,597.4 |
29,582.4 |
6,519.7 |
67,699.6 |
78,486.2 |
18,370.2 |
|
|
|
May-99 |
21,413.6 |
16,934.8 |
59,250.3 |
32.7 |
560.3 |
76,778.2 |
98,191.8 |
5,013.8 |
20.5 |
5,699.7 |
10,734.1 |
31,412.5 |
29,843.4 |
7,000.2 |
68,256.2 |
78,990.2 |
19,201.5 |
|
|
|
Jun-99 |
22,086.7 |
16,013.5 |
60,106.3 |
32.7 |
574.7 |
76,727.2 |
98,813.9 |
4,875.8 |
21.2 |
6,008.6 |
10,905.6 |
31,830.5 |
30,239.2 |
7,228.5 |
69,298.2 |
80,203.8 |
18,610.0 |
|
|
|
Jul-99 |
21,577.7 |
16,339.7 |
61,027.8 |
32.7 |
561.9 |
77,962.1 |
99,539.8 |
4,895.9 |
11.5 |
5,292.9 |
10,200.3 |
32,079.6 |
30,623.9 |
7,290.9 |
69,994.4 |
80,194.7 |
19,345.0 |
|
|
|
Aug-99 |
21,130.4 |
16,975.3 |
61,674.7 |
283.8 |
549.2 |
79,483.0 |
100,613.4 |
4,810.9 |
11.6 |
5,349.2 |
10,171.8 |
32,974.3 |
31,128.3 |
7,087.7 |
71,190.3 |
81,362.1 |
19,251.3 |
|
|
|
Sep-99 |
22,221.9 |
17,392.7 |
61,895.9 |
283.8 |
540.9 |
80,113.3 |
102,335.3 |
4,321.6 |
15.0 |
5,818.3 |
10,154.9 |
34,084.6 |
31,638.1 |
7,282.4 |
73,005.1 |
83,160.0 |
19,175.3 |
|
|
|
Oct-99 |
22,461.8 |
16,692.7 |
62,323.7 |
283.8 |
533.6 |
79,833.8 |
102,295.5 |
4,598.8 |
12.1 |
5,313.3 |
9,924.3 |
33,955.1 |
31,651.3 |
6,856.9 |
72,463.3 |
82,387.6 |
19,907.9 |
|
|
|
Nov-99 |
23,932.0 |
16,640.9 |
62,801.7 |
283.8 |
519.4 |
80,245.8 |
104,177.9 |
4,726.9 |
22.2 |
5,510.2 |
10,259.2 |
34,141.6 |
32,463.2 |
7,237.4 |
73,842.1 |
84,101.3 |
20,076.5 |
|
|
|
Dec-99 |
25,545.2 |
17,696.7 |
62,520.7 |
283.8 |
506.4 |
81,007.5 |
106,552.8 |
6,126.7 |
32.5 |
5,844.8 |
12,004.0 |
34,525.1 |
33,094.1 |
7,275.6 |
74,894.7 |
86,898.7 |
19,654.1 |
|
|
|
Jan-00 |
25,509.4 |
17,381.8 |
63,661.5 |
283.8 |
493.3 |
81,820.4 |
107,329.8 |
5,254.7 |
24.5 |
5,811.0 |
11,090.2 |
35,258.4 |
33,911.8 |
7,198.5 |
76,368.7 |
87,458.9 |
19,870.9 |
|
|
|
Feb-00 |
25,182.9 |
17,245.6 |
63,647.8 |
283.8 |
488.4 |
81,665.6 |
106,848.5 |
5,136.6 |
30.4 |
5,550.1 |
10,717.2 |
35,927.2 |
33,643.3 |
7,041.9 |
76,612.5 |
87,329.6 |
19,518.9 |
|
|
|
Mar-00 |
24,750.8 |
18,226.2 |
64,136.6 |
283.8 |
474.6 |
83,121.2 |
107,872.0 |
5,132.5 |
24.5 |
5,842.3 |
10,999.3 |
36,106.7 |
33,606.5 |
7,252.2 |
76,965.5 |
87,964.8 |
19,907.2 |
|
|
|
Apr-00 |
23,954.1 |
18,270.0 |
65,107.0 |
283.8 |
463.4 |
84,124.2 |
108,078.3 |
5,138.9 |
18.5 |
5,516.5 |
10,674.0 |
36,240.7 |
33,636.9 |
7,161.5 |
77,039.1 |
87,713.1 |
20,365.2 |
|
|
|
May-00 |
23,721.1 |
18,660.0 |
65,668.0 |
283.8 |
448.3 |
85,060.0 |
108,781.1 |
5,050.4 |
22.4 |
5,480.4 |
10,553.1 |
35,663.6 |
33,883.2 |
7,721.9 |
77,268.7 |
87,821.8 |
20,959.3 |
|
|
|
Jun-00 |
24,708.7 |
18,465.9 |
67,271.4 |
283.8 |
435.0 |
86,456.1 |
111,164.7 |
5,171.6 |
12.6 |
5,881.0 |
11,065.2 |
35,702.2 |
33,938.7 |
8,228.4 |
77,869.3 |
88,934.5 |
22,230.2 |
|
|
|
Jul-00 |
23,620.7 |
18,668.5 |
68,434.8 |
283.8 |
421.7 |
87,808.7 |
111,429.4 |
5,266.8 |
19.5 |
6,485.0 |
11,771.4 |
35,813.8 |
33,741.5 |
8,315.9 |
77,871.2 |
89,642.6 |
21,786.8 |
|
|
|
Aug-00 |
22,889.2 |
19,095.4 |
69,076.7 |
283.8 |
408.2 |
88,864.1 |
111,753.2 |
5,254.8 |
13.6 |
5,789.8 |
11,058.2 |
36,436.7 |
34,569.3 |
8,117.8 |
79,123.8 |
90,182.0 |
21,571.3 |
|
|
|
Sep-00 |
23,323.1 |
19,628.4 |
69,322.7 |
283.8 |
396.2 |
89,631.1 |
112,954.2 |
5,407.4 |
22.6 |
6,117.8 |
11,547.9 |
36,369.0 |
35,270.8 |
8,290.3 |
79,930.1 |
91,478.0 |
21,476.2 |
|
|
|
Oct-00 |
23,679.4 |
18,925.9 |
69,423.4 |
283.8 |
381.6 |
89,014.7 |
112,694.0 |
5,406.5 |
21.3 |
5,723.1 |
11,150.9 |
36,307.6 |
35,467.8 |
8,376.9 |
80,152.3 |
91,303.2 |
21,390.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 Include margin deposits. |
|
|
Figures may not add up to totals due to rounding. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Table 3: Bank of Mauritius - Assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Rs million) |
|
End |
EXTERNAL ASSETS |
CLAIMS ON GOVERNMENT |
CLAIMS |
CLAIMS ON |
OTHER |
OTHER |
TOTAL |
|
of |
Special |
Balances |
Treasury |
Eligible |
Total1 |
|
Treasury |
Advances |
Total |
ON |
NON-BANK |
ADVANCES |
ASSETS |
ASSETS |
|
Period |
Drawing |
With |
Bills |
Securities |
|
|
Bills and |
and |
|
COMMERCIAL |
FINANCIAL |
|
|
|
|
|
Rights |
Banks |
|
|
|
|
Government |
Discounts |
|
BANKS |
INSTITUTIONS |
|
|
|
|
|
|
|
|
|
|
|
Stocks |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1997 |
666.2 |
5,725.6 |
106.1 |
8,787.0 |
15,341.5 |
|
504.5 |
911.7 |
1,416.1 |
250.0 |
378.9 |
165.9 |
504.4 |
18,056.8 |
|
1998 |
771.1 |
4,546.2 |
118.6 |
8,393.6 |
13,866.6 |
|
1,303.5 |
3,405.7 |
4,709.3 |
475.0 |
570.0 |
238.4 |
430.1 |
20,289.4 |
|
1999 |
562.0 |
7,579.5 |
122.1 |
10,160.0 |
18,425.3 |
|
2,107.7 |
80.5 |
2,188.2 |
250.0 |
506.4 |
133.8 |
451.6 |
21,955.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dec-97 |
666.2 |
5,725.6 |
106.1 |
8,787.0 |
15,341.5 |
|
504.5 |
911.7 |
1,416.1 |
250.0 |
378.9 |
165.9 |
504.4 |
18,056.8 |
|
Mar-98 |
686.1 |
5,454.0 |
40.2 |
9,103.0 |
15,308.2 |
|
569.4 |
21.5 |
590.8 |
250.0 |
415.4 |
146.6 |
471.5 |
17,182.5 |
|
Jun-98 |
704.5 |
4,568.5 |
154.2 |
9,333.9 |
14,869.0 |
|
906.1 |
1,458.1 |
2,364.2 |
250.0 |
476.2 |
634.8 |
462.0 |
19,056.1 |
|
Sep-98 |
704.6 |
4,307.8 |
32.1 |
9,039.3 |
14,120.6 |
|
432.1 |
2,716.3 |
3,148.4 |
250.0 |
529.6 |
195.7 |
448.6 |
18,693.0 |
|
Dec-98 |
771.1 |
4,546.2 |
118.6 |
8,393.6 |
13,866.6 |
|
1,303.5 |
3,405.7 |
4,709.3 |
475.0 |
570.0 |
238.4 |
430.1 |
20,289.4 |
|
Jan-99 |
776.6 |
5,667.2 |
159.9 |
8,546.4 |
15,187.7 |
|
1,363.6 |
2,583.7 |
3,947.3 |
250.0 |
559.3 |
154.5 |
423.0 |
20,521.8 |
|
Feb-99 |
539.6 |
5,852.3 |
237.1 |
8,715.5 |
15,368.2 |
|
1,564.9 |
2,286.6 |
3,851.5 |
250.0 |
553.5 |
126.6 |
403.3 |
20,553.1 |
|
Mar-99 |
538.8 |
4,874.5 |
599.9 |
10,016.5 |
16,038.4 |
|
1,257.7 |
2,294.5 |
3,552.2 |
250.0 |
556.1 |
212.6 |
420.6 |
21,029.9 |
|
Apr-99 |
538.5 |
4,306.3 |
481.6 |
10,035.5 |
15,366.2 |
|
1,210.6 |
3,127.4 |
4,338.0 |
250.0 |
587.2 |
202.0 |
461.9 |
21,205.3 |
|
May-99 |
539.6 |
4,474.0 |
0.0 |
10,065.5 |
15,082.0 |
|
1,351.2 |
2,662.0 |
4,013.2 |
250.0 |
560.3 |
154.8 |
458.6 |
20,518.9 |
|
Jun-99 |
537.2 |
4,520.5 |
158.2 |
10,078.3 |
15,314.9 |
|
1,322.4 |
3,161.5 |
4,483.9 |
250.0 |
574.7 |
829.3 |
474.4 |
21,927.1 |
|
Jul-99 |
547.6 |
4,276.5 |
40.6 |
10,081.6 |
14,956.9 |
|
1,524.7 |
2,443.0 |
3,967.7 |
425.0 |
561.9 |
165.1 |
461.0 |
20,537.5 |
|
Aug-99 |
550.5 |
4,260.4 |
80.3 |
10,092.0 |
14,985.6 |
|
1,575.9 |
3,172.5 |
4,748.5 |
250.0 |
549.2 |
159.5 |
460.2 |
21,152.9 |
|
Sep-99 |
557.8 |
4,923.9 |
123.5 |
10,089.6 |
15,696.4 |
|
865.1 |
3,430.0 |
4,295.1 |
250.0 |
540.9 |
325.9 |
462.0 |
21,570.4 |
|
Oct-99 |
561.5 |
5,479.2 |
123.0 |
10,108.0 |
16,273.5 |
|
1,127.5 |
1,742.7 |
2,870.2 |
250.0 |
533.6 |
150.0 |
460.5 |
20,537.8 |
|
Nov-99 |
560.6 |
6,930.1 |
120.6 |
10,138.5 |
17,751.5 |
|
722.8 |
1,200.4 |
1,923.2 |
250.0 |
519.4 |
131.3 |
460.8 |
21,036.2 |
|
Dec-99 |
562.0 |
7,579.5 |
122.1 |
10,160.0 |
18,425.3 |
|
2,107.7 |
80.5 |
2,188.2 |
250.0 |
506.4 |
133.8 |
451.6 |
21,955.3 |
|
Jan-00 |
560.2 |
8,061.5 |
92.9 |
10,196.9 |
18,913.3 |
|
1,540.9 |
357.4 |
1,898.3 |
250.0 |
493.3 |
207.6 |
454.6 |
22,217.1 |
|
Feb-00 |
554.3 |
7,691.1 |
91.4 |
10,216.8 |
18,555.4 |
|
1,968.4 |
0.0 |
1,968.4 |
250.0 |
488.4 |
106.3 |
430.8 |
21,799.3 |
|
Mar-00 |
556.8 |
7,350.2 |
80.8 |
10,224.0 |
18,213.5 |
|
1,875.2 |
320.8 |
2,196.0 |
295.5 |
474.6 |
179.5 |
398.8 |
21,757.9 |
|
Apr-00 |
550.7 |
6,855.6 |
79.9 |
10,239.9 |
17,728.0 |
|
1,800.1 |
607.9 |
2,408.0 |
344.7 |
463.4 |
110.1 |
397.1 |
21,451.3 |
|
May-00 |
557.8 |
6,257.5 |
76.6 |
10,328.4 |
17,222.2 |
|
1,078.2 |
1,516.7 |
2,594.9 |
628.3 |
448.3 |
97.5 |
390.3 |
21,381.5 |
|
Jun-00 |
566.4 |
6,333.9 |
39.0 |
10,396.5 |
17,454.8 |
|
1,899.1 |
1,089.4 |
2,988.5 |
623.4 |
435.0 |
91.6 |
387.4 |
21,980.7 |
|
Jul-00 |
559.9 |
5,917.9 |
77.4 |
10,428.1 |
17,067.3 |
|
2,187.0 |
1,379.2 |
3,566.2 |
669.0 |
421.7 |
114.7 |
381.6 |
22,220.4 |
|
Aug-00 |
559.7 |
5,785.1 |
37.7 |
10,473.5 |
16,925.5 |
|
1,817.6 |
2,148.7 |
3,966.3 |
263.5 |
408.2 |
105.4 |
387.9 |
22,056.8 |
|
Sep-00 |
560.9 |
5,717.5 |
38.1 |
10,513.4 |
16,895.2 |
|
1,672.7 |
2,608.3 |
4,281.0 |
304.3 |
396.2 |
109.6 |
384.1 |
22,370.3 |
|
Oct-00 |
571.5 |
5,497.2 |
38.8 |
10,827.2 |
16,986.5 |
|
1,691.7 |
2,311.7 |
4,003.4 |
250.0 |
381.6 |
102.9 |
382.4 |
22,106.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 Includes foreign notes and coins and suspense account interest receivable. |
|
|
|
Figures may not add up to totals due to rounding. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Table 4: Bank of Mauritius - Liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Rs million) |
|
End |
Capital |
RESERVE MONEY |
Government |
Current |
Other |
TOTAL |
|
of |
and |
Currency |
Currency |
Demand Deposits |
Bank of |
Total |
Demand |
Account of |
Liabilities |
LIABILITIES |
|
Period |
Reserves |
with |
with |
Commercial |
Statutory |
Other1 |
Mauritius |
|
Deposits |
International |
|
|
|
|
|
Public |
Banks |
Banks |
Bodies |
|
Bills held by |
|
|
Organisations |
|
|
|
|
|
|
|
|
|
|
Commercial |
|
|
and Others |
|
|
|
|
|
|
|
|
|
|
Banks |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1997 |
33.0 |
5,410.4 |
1,885.4 |
1,621.5 |
0.0 |
8.5 |
190.2 |
9,116.0 |
0.6 |
25.8 |
8,881.3 |
18,056.8 |
|
1998 |
33.0 |
5,832.9 |
2,225.8 |
1,674.0 |
15.6 |
12.8 |
0.0 |
9,761.1 |
12.1 |
20.8 |
10,462.4 |
20,289.4 |
|
1999 |
33.0 |
6,126.7 |
3,009.6 |
1,355.7 |
0.0 |
32.5 |
0.0 |
10,524.5 |
1.2 |
14.8 |
11,381.8 |
21,955.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dec-97 |
33.0 |
5,410.4 |
1,885.4 |
1,621.5 |
0.0 |
8.5 |
190.2 |
9,116.0 |
0.6 |
25.8 |
8,881.3 |
18,056.8 |
|
Mar-98 |
33.0 |
4,695.9 |
1,461.0 |
1,694.5 |
0.0 |
12.5 |
0.0 |
7,864.0 |
9.8 |
27.4 |
9,248.4 |
17,182.5 |
|
Jun-98 |
33.0 |
4,651.4 |
1,384.0 |
2,535.6 |
0.0 |
11.2 |
0.0 |
8,582.2 |
44.8 |
31.6 |
10,364.5 |
19,056.1 |
|
Sep-98 |
33.0 |
4,812.5 |
1,455.8 |
2,424.6 |
0.1 |
10.9 |
0.0 |
8,703.9 |
30.7 |
20.6 |
9,904.8 |
18,693.0 |
|
Dec-98 |
33.0 |
5,832.9 |
2,225.8 |
1,674.0 |
15.6 |
12.8 |
0.0 |
9,761.1 |
12.1 |
20.8 |
10,462.4 |
20,289.4 |
|
Jan-99 |
33.0 |
5,146.6 |
1,785.6 |
2,833.6 |
0.0 |
12.4 |
0.0 |
9,778.3 |
24.2 |
17.0 |
10,669.3 |
20,521.8 |
|
Feb-99 |
33.0 |
5,027.5 |
1,701.6 |
2,798.3 |
0.0 |
51.0 |
0.0 |
9,578.5 |
6.5 |
21.3 |
10,913.9 |
20,553.1 |
|
Mar-99 |
33.0 |
5,000.1 |
1,751.7 |
2,779.5 |
0.0 |
10.6 |
0.0 |
9,541.9 |
30.9 |
17.3 |
11,406.8 |
21,029.9 |
|
Apr-99 |
33.0 |
5,001.0 |
1,661.8 |
3,029.0 |
82.5 |
19.1 |
0.0 |
9,793.4 |
239.2 |
18.5 |
11,121.2 |
21,205.3 |
|
May-99 |
33.0 |
5,013.8 |
1,648.1 |
2,525.2 |
0.1 |
20.4 |
0.0 |
9,207.7 |
78.4 |
17.4 |
11,182.4 |
20,518.9 |
|
Jun-99 |
33.0 |
4,875.8 |
2,000.2 |
3,447.8 |
0.1 |
21.2 |
0.0 |
10,345.0 |
41.3 |
27.7 |
11,480.1 |
21,927.1 |
|
Jul-99 |
33.0 |
4,895.9 |
1,615.5 |
2,407.5 |
0.1 |
11.4 |
0.0 |
8,930.3 |
2.3 |
19.1 |
11,552.8 |
20,537.5 |
|
Aug-99 |
33.0 |
4,810.9 |
1,840.6 |
2,882.5 |
0.1 |
11.6 |
0.0 |
9,545.7 |
7.7 |
21.2 |
11,545.4 |
21,152.9 |
|
Sep-99 |
33.0 |
4,321.6 |
2,348.8 |
3,141.4 |
0.0 |
14.9 |
0.0 |
9,826.8 |
45.1 |
27.7 |
11,637.8 |
21,570.4 |
|
Oct-99 |
33.0 |
4,598.8 |
2,111.1 |
2,153.8 |
0.0 |
12.1 |
0.0 |
8,875.8 |
0.7 |
26.1 |
11,602.2 |
20,537.8 |
|
Nov-99 |
33.0 |
4,726.9 |
2,581.7 |
2,114.5 |
0.0 |
22.1 |
0.0 |
9,445.3 |
0.8 |
26.5 |
11,530.7 |
21,036.2 |
|
Dec-99 |
33.0 |
6,126.7 |
3,009.6 |
1,355.7 |
0.0 |
32.5 |
0.0 |
10,524.5 |
1.2 |
14.8 |
11,381.8 |
21,955.3 |
|
Jan-00 |
33.0 |
5,254.7 |
1,817.6 |
3,602.8 |
0.0 |
24.5 |
0.0 |
10,699.6 |
5.8 |
20.0 |
11,458.7 |
22,217.1 |
|
Feb-00 |
33.0 |
5,136.6 |
1,737.6 |
2,750.7 |
0.0 |
30.4 |
0.0 |
9,655.3 |
277.4 |
32.8 |
11,800.8 |
21,799.3 |
|
Mar-00 |
33.0 |
5,132.5 |
1,631.2 |
3,412.9 |
0.0 |
24.5 |
0.0 |
10,201.1 |
6.1 |
17.4 |
11,500.3 |
21,757.9 |
|
Apr-00 |
33.0 |
5,138.9 |
1,559.1 |
3,217.2 |
0.0 |
18.5 |
0.0 |
9,933.7 |
5.4 |
22.0 |
11,457.2 |
21,451.3 |
|
May-00 |
33.0 |
5,050.4 |
1,727.5 |
2,977.4 |
0.0 |
22.4 |
0.0 |
9,777.7 |
7.1 |
26.4 |
11,537.3 |
21,381.5 |
|
Jun-00 |
33.0 |
5,171.6 |
1,557.3 |
3,024.2 |
0.0 |
12.6 |
0.0 |
9,765.8 |
43.0 |
19.7 |
12,119.1 |
21,980.7 |
|
Jul-00 |
33.0 |
5,266.8 |
1,619.1 |
3,314.7 |
0.0 |
19.5 |
0.0 |
10,220.1 |
1.1 |
36.8 |
11,929.4 |
22,220.4 |
|
Aug-00 |
33.0 |
5,254.8 |
1,851.2 |
2,887.7 |
0.0 |
13.6 |
0.0 |
10,007.4 |
11.1 |
26.3 |
11,979.0 |
22,056.8 |
|
Sep-00 |
33.0 |
5,407.4 |
1,729.3 |
3,164.8 |
0.0 |
22.6 |
0.0 |
10,324.2 |
7.6 |
24.6 |
11,981.0 |
22,370.3 |
|
Oct-00 |
33.0 |
5,406.5 |
1,811.0 |
2,829.8 |
0.0 |
21.3 |
0.0 |
10,068.5 |
1.0 |
28.4 |
11,975.9 |
22,106.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 Includes deposits of certain Parastatal Bodies. |
|
Figures may not add up to totals due to rounding. |
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|
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|
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|
|

Table 6: Commercial Banks - Assets |
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(Rs million) |
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|
End |
RESERVES |
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|
|
FOREIGN ASSETS |
CLAIMS ON GOVERNMENT |
CLAIMS ON PRIVATE SECTOR |
Claims |
Other |
TOTAL |
Acceptences |
|
|
|
|
|
|
|
|
|
|
|
|
|
of |
Cash |
Balances |
Bank of |
Total |
Balances |
Foreign |
Foreign |
Total1 |
Treasury |
Government |
Advances |
Total |
Local |
Bills |
Local |
Loans |
Total |
on Other |
Assets2 |
ASSETS |
Documentary |
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|
|
|
|
|
|
|
|
|
|
|
|
Period |
in |
with |
Mauritius |
|
with |
Bills |
Notes |
|
Bills |
Securities |
|
|
Bills |
Recei- |
Invest- |
and |
|
Bank-like |
|
|
Credits and |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Hand |
Bank of |
Bills |
|
Banks |
Discounted |
and |
|
|
|
|
|
Dis- |
vable |
ments |
Advances |
|
Institu- |
|
|
Guarantees3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mauritius |
|
|
Abroad |
|
Coins |
|
|
|
|
|
counted |
|
|
|
|
tions |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1997 |
1,885.4 |
1,621.5 |
190.2 |
3,697.1 |
4,305.6 |
1,424.7 |
165.5 |
7,289.0 |
12,565.6 |
4,207.8 |
252.3 |
17,025.7 |
571.7 |
1,480.9 |
4,188.2 |
37,677.4 |
43,918.2 |
160.6 |
5,836.7 |
77,927.3 |
11,782.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
1998 |
2,225.8 |
1,674.0 |
0.0 |
3,899.8 |
4,418.5 |
1,379.2 |
222.6 |
8,947.3 |
9,084.6 |
4,000.7 |
233.2 |
13,318.5 |
634.4 |
1,413.2 |
8,708.9 |
45,896.5 |
56,652.9 |
424.6 |
7,057.2 |
90,300.4 |
12,691.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
1999 |
3,009.6 |
1,355.7 |
0.0 |
4,365.3 |
5,610.1 |
1,980.3 |
255.3 |
9,775.5 |
11,938.7 |
3,591.2 |
229.1 |
15,759.1 |
715.5 |
1,911.1 |
11,173.8 |
48,720.3 |
62,520.7 |
1,766.2 |
9,379.9 |
103,566.7 |
13,686.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dec-97 |
1,885.4 |
1,621.5 |
190.2 |
3,697.1 |
4,305.6 |
1,424.7 |
165.5 |
7,289.0 |
12,565.6 |
4,207.8 |
252.3 |
17,025.7 |
571.7 |
1,480.9 |
4,188.2 |
37,677.4 |
43,918.2 |
160.6 |
5,836.7 |
77,927.3 |
11,782.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Mar-98 |
1,461.0 |
1,694.5 |
0.0 |
3,155.5 |
5,161.2 |
1,058.2 |
106.8 |
7,863.9 |
13,639.5 |
3,879.3 |
277.2 |
17,796.0 |
589.9 |
1,453.9 |
5,415.1 |
38,522.2 |
45,981.1 |
186.4 |
6,086.2 |
81,069.2 |
11,978.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Jun-98 |
1,384.0 |
2,535.6 |
0.0 |
3,919.6 |
4,108.6 |
1,192.3 |
88.4 |
7,113.3 |
11,367.7 |
3,835.3 |
153.3 |
15,356.3 |
677.6 |
1,509.5 |
7,033.9 |
40,720.1 |
49,941.1 |
844.0 |
6,018.4 |
83,192.8 |
12,405.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Sep-98 |
1,455.8 |
2,424.6 |
0.0 |
3,880.5 |
3,657.8 |
953.7 |
98.2 |
6,529.0 |
10,493.2 |
3,879.8 |
183.4 |
14,556.4 |
651.3 |
1,552.4 |
7,562.4 |
42,956.6 |
52,722.8 |
334.3 |
6,529.5 |
84,552.4 |
12,591.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Dec-98 |
2,225.8 |
1,674.0 |
0.0 |
3,899.8 |
4,418.5 |
1,379.2 |
222.6 |
8,947.3 |
9,084.6 |
4,000.7 |
233.2 |
13,318.5 |
634.4 |
1,413.2 |
8,708.9 |
45,896.5 |
56,652.9 |
424.6 |
7,057.2 |
90,300.4 |
12,691.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Jan-99 |
1,785.6 |
2,833.6 |
0.0 |
4,619.2 |
5,355.6 |
1,175.1 |
149.3 |
9,624.3 |
8,597.3 |
4,000.7 |
309.9 |
12,907.9 |
631.3 |
1,319.3 |
9,053.8 |
45,943.8 |
56,948.2 |
438.4 |
6,914.0 |
91,452.1 |
12,799.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Feb-99 |
1,701.6 |
2,798.3 |
0.0 |
4,500.0 |
5,513.3 |
1,054.6 |
157.5 |
9,913.1 |
8,400.2 |
4,022.1 |
307.3 |
12,729.6 |
632.0 |
1,319.3 |
9,182.3 |
46,166.7 |
57,300.3 |
1,409.9 |
7,014.2 |
92,867.1 |
13,115.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Mar-99 |
1,751.7 |
2,779.5 |
0.0 |
4,531.2 |
6,812.3 |
936.7 |
131.0 |
9,626.8 |
8,784.1 |
3,925.8 |
379.4 |
13,089.3 |
655.1 |
1,402.8 |
9,557.7 |
46,216.8 |
57,832.3 |
1,177.4 |
6,919.6 |
93,176.7 |
12,996.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Apr-99 |
1,661.8 |
3,029.0 |
0.0 |
4,690.8 |
6,416.6 |
1,019.6 |
114.8 |
9,381.6 |
8,462.8 |
3,925.8 |
387.4 |
12,776.0 |
636.8 |
1,384.5 |
9,417.1 |
46,439.6 |
57,878.0 |
1,474.2 |
7,375.6 |
93,576.2 |
13,451.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
May-99 |
1,648.1 |
2,525.2 |
0.0 |
4,173.4 |
6,396.3 |
1,108.4 |
94.6 |
9,457.5 |
8,738.7 |
3,925.6 |
379.8 |
13,044.1 |
637.5 |
1,518.0 |
9,765.4 |
47,329.4 |
59,250.3 |
1,320.4 |
7,640.0 |
94,885.6 |
13,508.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Jun-99 |
2,000.2 |
3,447.8 |
0.0 |
5,448.0 |
6,553.5 |
1,179.7 |
91.5 |
9,685.3 |
7,959.1 |
3,883.0 |
82.9 |
11,925.0 |
648.7 |
1,485.2 |
10,024.1 |
47,948.2 |
60,106.3 |
1,511.5 |
8,507.4 |
97,183.3 |
13,414.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Jul-99 |
1,615.5 |
2,407.5 |
0.0 |
4,022.9 |
6,431.1 |
1,124.8 |
163.1 |
9,612.7 |
8,392.2 |
3,883.0 |
135.3 |
12,410.4 |
624.3 |
1,554.2 |
10,435.8 |
48,413.5 |
61,027.8 |
1,415.3 |
8,318.9 |
96,808.0 |
13,468.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Aug-99 |
1,840.6 |
2,882.5 |
0.0 |
4,723.1 |
6,146.7 |
1,003.3 |
149.9 |
9,193.8 |
8,382.6 |
3,883.0 |
135.9 |
12,401.4 |
628.6 |
1,641.8 |
10,379.0 |
49,025.3 |
61,674.7 |
1,633.3 |
8,161.8 |
97,788.1 |
13,348.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Sep-99 |
2,348.8 |
3,141.4 |
0.0 |
5,490.2 |
6,364.9 |
1,036.2 |
144.7 |
9,441.3 |
9,266.2 |
3,883.0 |
140.1 |
13,289.3 |
631.9 |
1,609.1 |
10,605.3 |
49,049.6 |
61,895.9 |
1,901.1 |
8,406.3 |
100,424.1 |
14,146.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Oct-99 |
2,111.1 |
2,153.8 |
0.0 |
4,264.9 |
5,917.7 |
1,165.1 |
141.3 |
9,190.0 |
9,950.9 |
3,883.0 |
231.2 |
14,065.1 |
652.5 |
1,645.7 |
10,830.7 |
49,194.8 |
62,323.7 |
1,612.9 |
8,555.3 |
100,011.9 |
14,212.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Nov-99 |
2,581.7 |
2,114.5 |
0.0 |
4,696.2 |
5,535.3 |
1,335.2 |
170.1 |
8,925.4 |
11,199.8 |
3,621.4 |
230.6 |
15,051.9 |
663.0 |
1,749.6 |
11,004.3 |
49,384.8 |
62,801.7 |
1,549.1 |
8,614.6 |
101,638.9 |
15,095.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Dec-99 |
3,009.6 |
1,355.7 |
0.0 |
4,365.3 |
5,610.1 |
1,980.3 |
255.3 |
9,775.5 |
11,938.7 |
3,591.2 |
229.1 |
15,759.1 |
715.5 |
1,911.1 |
11,173.8 |
48,720.3 |
62,520.7 |
1,766.2 |
9,379.9 |
103,566.7 |
13,686.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Jan-00 |
1,817.6 |
3,602.6 |
0.0 |
5,420.2 |
5,472.5 |
1,662.5 |
244.5 |
9,290.8 |
11,886.5 |
3,591.2 |
229.9 |
15,707.6 |
723.3 |
1,740.2 |
11,432.6 |
49,765.3 |
63,661.4 |
2,063.1 |
8,730.7 |
104,873.8 |
13,443.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Feb-00 |
1,737.6 |
2,750.7 |
0.0 |
4,488.3 |
5,623.7 |
1,658.9 |
138.5 |
9,302.2 |
12,339.7 4 |
3,591.2 |
307.3 |
16,238.2 |
701.9 |
1,698.0 |
11,537.7 |
49,710.2 |
63,647.8 |
2,076.4 |
8,606.3 |
104,359.2 |
13,186.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Mar-00 |
1,631.2 |
3,412.9 |
0.0 |
5,044.1 |
5,325.9 |
1,498.0 |
149.9 |
9,260.3 |
12,335.7 |
3,591.2 |
311.6 |
16,238.5 |
748.1 |
1,673.0 |
11,693.6 |
49,974.7 |
64,136.6 4 |
2,114.1 |
8,672.1 |
105,465.7 |
13,902.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Apr-00 |
1,559.1 |
3,217.2 |
0.0 |
4,776.3 |
4,825.2 |
1,427.9 |
111.2 |
8,491.6 |
12,347.9 |
3,584.0 |
305.3 |
16,237.2 |
762.1 |
1,616.9 |
11,895.0 |
50,734.0 |
65,107.0 4 |
1,702.9 |
8,782.6 |
105,097.6 |
14,503.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
May-00 |
1,727.5 |
2,977.4 |
0.0 |
4,704.9 |
5,040.4 |
2,236.6 |
112.3 |
9,766.9 |
12,539.5 |
3,417.3 |
373.3 |
16,330.1 |
762.9 |
1,513.2 |
11,887.5 |
51,383.1 |
65,667.9 4 |
1,965.7 |
9,083.1 |
107,518.8 |
14,808.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Jun-00 |
1,557.3 |
3,024.2 |
0.0 |
4,581.5 |
5,334.5 |
2,403.8 |
101.0 |
10,294.1 |
12,705.7 |
3,421.7 |
0.8 |
16,128.2 |
768.6 |
1,288.5 |
11,903.4 |
53,184.7 |
67,271.4 4 |
2,353.9 |
9,236.4 |
109,865.6 |
14,930.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Jul-00 |
1,619.1 |
3,314.7 |
0.0 |
4,933.8 |
4,775.6 |
2,057.3 |
154.5 |
9,426.3 |
11,989.2 |
3,374.9 |
5.3 |
15,369.4 |
725.1 |
1,245.9 |
11,965.4 |
54,460.9 |
68,434.8 4 |
1,772.0 |
8,814.9 |
108,751.1 |
13,894.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Aug-00 |
1,851.2 |
2,887.7 |
0.0 |
4,739.0 |
5,080.1 |
1,855.1 |
149.6 |
9,501.9 |
12,073.1 |
3,234.8 |
4.0 |
15,312.0 |
714.0 |
1,441.2 |
11,948.7 |
54,958.8 |
69,076.7 4 |
1,583.1 |
9,223.8 |
109,436.4 |
14,839.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Sep-00 |
1,729.3 |
3,164.8 |
0.0 |
4,894.1 |
5,494.3 |
2,241.3 |
108.3 |
10,295.9 |
12,293.3 |
3,234.8 |
0.0 |
15,528.1 |
732.1 |
1,530.6 |
11,944.9 |
55,115.1 |
69,322.7 |
1,828.0 |
9,222.8 |
111,091.6 |
15,103.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Oct-00 |
1,811.0 |
2,829.8 |
0.0 |
4,640.8 |
5,657.4 |
2,456.2 |
129.8 |
10,773.6 |
12,045.2 |
3,033.6 |
0.0 |
15,078.8 |
760.3 |
1,560.7 |
11,914.9 |
55,187.5 |
69,423.4 |
2,176.3 |
9,079.7 |
111,172.6 |
14,960.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 Includes foreign securities and loans to nonresidents. |
|
|
2 Include interbank loans |
|
3 For a breakdown, see Table 7. |
|
4 Includes Bills discounted contra. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Figures may not add up to totals due to rounding. |
|
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|
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|
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|
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|
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|
|
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|
|
|
|
|
|
|
|
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|
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|
|
|
|
|
|
|
|
Table 7: Commercial Banks - Liabilities |
|
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|
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|
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|
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|
|
|
|
|
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|
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|
(Rs million) |
|
|
|
End |
Capital |
PRIVATE SECTOR DEPOSITS |
Government |
Foreign |
Interbank |
Credit |
BORROWINGS FROM |
Bills |
Other |
TOTAL |
Acceptances |
Documentary |
Guarantees |
|
|
of |
and |
Demand1 |
Time |
Savings2 |
Total |
Deposits |
Currency |
Deposits |
from |
Banks |
Banks |
Other |
Payable |
Liabilities3 |
LIABILITIES |
on Account |
Credits |
|
|
|
Period |
Reserves |
|
|
|
|
|
Deposits |
|
Bank of |
in |
Abroad |
Bank-like |
|
|
|
of Customers |
|
|
|
|
|
|
|
|
|
|
|
|
|
Mauritius |
Mauritius |
|
Institutions |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1997 |
7,842.4 |
5,112.7 |
25,514.3 |
26,799.4 |
57,426.5 |
358.7 |
4,903.3 |
267.0 |
250.0 |
1.3 |
855.5 |
0.8 |
167.9 |
5,854.0 |
77,927.3 |
1,073.3 |
3,420.6 |
7,288.9 |
|
|
1998 |
9,092.1 |
5,026.9 |
27,406.1 |
30,477.3 |
62,910.3 |
835.3 |
5,953.9 |
287.6 |
475.0 |
2.0 |
3,169.0 |
175.1 |
197.3 |
7,202.8 |
90,300.4 |
685.1 |
3,589.0 |
8,417.6 |
|
|
1999 |
10,848.6 |
5,844.8 |
33,094.1 |
34,525.0 |
73,463.9 |
264.4 |
7,275.6 |
450.0 |
250.0 |
0.0 |
2,655.6 |
36.8 |
104.0 |
8,217.8 |
103,566.7 |
1,169.5 |
4,173.7 |
8,343.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dec-97 |
7,842.4 |
5,112.7 |
25,514.3 |
26,799.4 |
57,426.5 |
358.7 |
4,903.3 |
267.0 |
250.0 |
1.3 |
855.5 |
0.8 |
167.9 |
5,854.0 |
77,927.3 |
1,073.3 |
3,420.6 |
7,288.9 |
|
|
Mar-98 |
7,940.2 |
4,555.9 |
26,314.8 |
28,614.5 |
59,485.1 |
381.9 |
5,429.8 |
364.0 |
250.0 |
1.6 |
1,230.9 |
0.0 |
178.0 |
5,807.6 |
81,069.2 |
1,131.3 |
3,740.5 |
7,107.2 |
|
|
Jun-98 |
8,372.3 |
5,130.7 |
26,234.3 |
28,243.8 |
59,608.7 |
803.4 |
6,247.7 |
35.0 |
250.0 |
5.6 |
864.0 |
271.2 |
163.9 |
6,570.8 |
83,192.8 |
1,120.1 |
3,491.2 |
7,794.0 |
|
|
Sep-98 |
9,001.7 |
5,512.3 |
26,284.0 |
29,400.5 |
61,196.7 |
604.2 |
5,612.7 |
0.0 |
250.0 |
1.4 |
1,283.9 |
16.2 |
182.1 |
6,403.4 |
84,552.4 |
829.6 |
3,945.3 |
7,816.6 |
|
|
Dec-98 |
9,092.1 |
5,026.9 |
27,406.1 |
30,477.3 |
62,910.3 |
835.3 |
5,953.9 |
287.6 |
475.0 |
2.0 |
3,169.0 |
175.1 |
197.3 |
7,202.8 |
90,300.4 |
685.1 |
3,589.0 |
8,417.6 |
|
|
Jan-99 |
9,138.9 |
4,984.8 |
27,654.2 |
31,150.1 |
63,789.1 |
841.8 |
6,271.3 |
170.0 |
250.0 |
1.7 |
3,620.1 |
61.8 |
145.2 |
7,162.1 |
91,452.1 |
597.2 |
4,082.2 |
8,120.5 |
|
|
Feb-99 |
9,192.3 |
5,087.7 |
28,858.8 |
31,851.9 |
65,798.5 |
558.3 |
5,878.8 |
90.0 |
250.0 |
1.4 |
4,096.7 |
186.6 |
179.4 |
6,635.0 |
92,867.1 |
544.1 |
4,419.9 |
8,151.5 |
|
|
Mar-99 |
9,149.1 |
5,019.6 |
29,224.0 |
31,647.7 |
65,891.4 |
696.8 |
6,366.0 |
0.0 |
250.0 |
1.9 |
3,587.7 |
213.7 |
129.1 |
6,891.1 |
93,176.7 |
568.3 |
4,357.8 |
8,070.3 |
|
|
Apr-99 |
9,107.5 |
5,136.1 |
29,582.4 |
31,597.4 |
66,316.0 |
731.2 |
6,519.7 |
110.0 |
250.0 |
1.0 |
3,204.4 |
126.4 |
123.3 |
7,086.6 |
93,576.2 |
641.7 |
4,583.8 |
8,225.9 |
|
|
May-99 |
9,118.0 |
5,069.6 |
29,843.4 |
31,412.5 |
66,325.6 |
795.3 |
7,000.2 |
235.0 |
250.0 |
1.1 |
3,125.9 |
144.4 |
115.6 |
7,774.5 |
94,885.6 |
654.6 |
4,586.2 |
8,268.1 |
|
|
Jun-99 |
10,154.3 |
5,253.8 |
30,239.2 |
31,830.5 |
67,323.5 |
1,231.7 |
7,228.5 |
80.0 |
250.0 |
1.7 |
2,913.4 |
130.9 |
189.3 |
7,680.1 |
97,183.3 |
851.3 |
4,194.6 |
8,368.1 |
|
|
Jul-99 |
10,837.1 |
4,935.0 |
30,623.9 |
32,079.6 |
67,638.6 |
517.3 |
7,290.9 |
180.0 |
425.0 |
0.1 |
2,991.9 |
146.8 |
120.2 |
6,660.3 |
96,808.0 |
829.9 |
4,194.1 |
8,444.2 |
|
|
Aug-99 |
10,879.2 |
4,967.6 |
31,128.3 |
32,974.3 |
69,070.2 |
666.9 |
7,087.7 |
60.0 |
250.0 |
0.1 |
3,049.0 |
25.1 |
113.4 |
6,586.5 |
97,788.1 |
972.3 |
4,024.9 |
8,351.5 |
|
|
Sep-99 |
10,796.8 |
5,496.4 |
31,638.1 |
34,084.6 |
71,219.1 |
586.5 |
7,282.4 |
65.0 |
250.0 |
0.1 |
2,915.8 |
12.1 |
152.7 |
7,143.6 |
100,424.1 |
1,003.4 |
4,689.3 |
8,453.6 |
|
|
Oct-99 |
10,806.6 |
4,991.2 |
31,651.3 |
33,955.1 |
70,597.7 |
587.6 |
6,856.9 |
130.0 |
250.0 |
0.1 |
3,001.8 |
44.9 |
146.0 |
7,590.4 |
100,011.9 |
1,090.5 |
4,623.5 |
8,498.8 |
|
|
Nov-99 |
10,604.2 |
5,405.1 |
32,463.2 |
34,141.6 |
72,009.8 |
457.1 |
7,237.4 |
5.0 |
250.0 |
0.1 |
2,744.8 |
96.1 |
103.8 |
8,130.6 |
101,638.9 |
1,095.7 |
4,369.5 |
9,630.4 |
|
|
Dec-99 |
10,848.6 |
5,844.8 |
33,094.1 |
34,525.0 |
73,463.9 |
264.4 |
7,275.6 |
450.0 |
250.0 |
0.0 |
2,655.6 |
36.8 |
104.0 |
8,217.8 |
103,566.7 |
1,169.5 |
4,173.7 |
8,343.4 |
|
|
Jan-00 |
11,054.0 |
5,811.0 |
33,911.8 |
35,258.4 |
74,981.2 |
278.2 |
7,198.5 |
165.0 |
250.0 |
0.0 |
2,694.5 |
38.0 |
215.9 |
7,998.7 |
104,873.8 |
1,083.2 |
3,990.7 |
8,369.7 |
|
|
Feb-00 |
10,833.8 |
5,486.5 |
33,643.3 |
35,927.2 |
75,057.0 |
295.7 |
7,041.9 |
135.0 |
250.0 |
0.0 |
2,674.7 |
157.0 |
123.7 |
7,790.4 |
104,359.2 |
1,077.0 |
3,966.4 |
8,142.9 |
|
|
Mar-00 |
10,895.9 |
5,842.3 |
33,606.5 |
36,106.7 |
75,555.5 |
267.9 |
7,252.2 |
10.0 |
295.4 4 |
0.0 |
2,723.1 |
333.0 |
99.7 |
8,033.0 |
105,465.7 |
958.6 |
4,338.6 |
8,605.1 |
|
|
Apr-00 |
10,884.5 |
5,516.5 |
33,636.9 |
36,240.7 |
75,394.1 |
228.0 |
7,161.5 |
10.0 |
344.6 4 |
0.0 |
2,265.5 |
332.2 |
148.2 |
8,329.0 |
105,097.6 |
1,014.9 |
4,803.0 |
8,686.0 |
|
|
May-00 |
10,810.8 |
5,480.4 |
33,883.2 |
35,663.6 |
75,027.2 |
271.1 |
7,721.9 |
270.0 |
627.9 4 |
0.0 |
3,268.0 |
612.3 |
136.3 |
8,773.4 |
107,518.8 |
1,111.9 |
4,266.8 |
9,429.3 |
|
|
Jun-00 |
11,360.6 |
5,881.0 |
33,938.7 |
35,702.2 |
75,521.9 |
605.9 |
8,228.4 |
600.0 |
623.4 4 |
0.0 |
3,040.2 |
1,084.4 |
119.3 |
8,681.3 |
109,865.6 |
1,145.5 |
4,458.2 |
9,326.8 |
|
|
Jul-00 |
12,216.0 |
6,485.0 |
33,741.5 |
35,813.8 |
76,040.3 |
242.1 |
8,315.9 |
20.0 |
669.0 4 |
0.0 |
2,872.8 |
571.8 |
209.9 |
7,593.3 |
108,751.1 |
1,155.1 |
4,350.1 |
8,389.5 |
|
|
Aug-00 |
11,848.0 |
5,789.8 |
34,569.3 |
36,436.7 |
76,795.7 |
160.1 |
8,117.8 |
410.0 |
263.6 4 |
0.0 |
3,538.1 |
728.5 |
106.2 |
7,468.2 |
109,436.4 |
1,144.8 |
4,691.1 |
9,003.8 |
|
|
Sep-00 |
11,973.9 |
6,117.8 |
35,270.8 |
36,369.0 |
77,757.5 |
213.2 |
8,290.3 |
30.0 |
304.3 |
0.0 |
3,868.0 |
835.0 |
173.0 |
7,646.4 |
111,091.6 |
1,177.5 |
4,673.3 |
9,253.0 |
|
|
Oct-00 |
11,915.2 |
5,723.1 |
35,467.8 |
36,307.6 |
77,498.6 |
216.1 |
8,376.9 |
105.0 |
250.0 |
0.0 |
4,080.6 |
617.4 |
107.5 |
8,005.2 |
111,172.6 |
1,164.0 |
4,478.5 |
9,318.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 Includes demand deposits of Offshore Banking Units (OBUs). |
|
2 Includes margin deposits. |
|
3 Includes borrowings from other institutions (local and foreign). |
4 Includes Bills rediscounted. |
|
Figures may not add up to totals due to rounding. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
74,981.2 |
|
35258.37 |
|
|
|
|
104,873.96 |
104873.9 |
0.1 |
8032.9 |
|
|
|
|
|
Table 8: Consolidated Statement of Assets and Liabilities of Commercial banks as at end October 2000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
October 2000 |
|
September 2000 |
|
|
|
|
|
Rupees |
|
Rupees |
|
|
|
ASSETS EMPLOYED |
|
|
|
|
|
|
|
ASSETS |
|
|
|
|
|
|
|
Cash in Hand & Balances with BOM |
4,640,759,453 |
|
4,894,126,781 |
|
|
|
Balances & Placements |
|
|
|
|
|
|
|
Banks in Mtius & Abroad |
|
5,657,376,689 |
|
5,494,258,500 |
|
|
|
Offshore Banks in Mtius |
|
1,892,541,299 |
|
1,544,184,728 |
|
|
|
|
|
7,549,917,988 |
|
7,038,443,228 |
|
|
|
Investment in Govt & BOM Securities |
15,078,804,711 |
|
15,528,111,510 |
|
|
|
Foreign Currency Notes & Coin |
|
129,836,193 |
|
108,282,895 |
|
|
|
Loans & Overdrafts to Customers |
|
|
|
|
|
|
|
Private Sector |
|
55,187,547,731 |
|
55,115,160,970 |
|
|
|
Government |
|
53 |
|
42 |
|
|
|
|
|
55,187,547,784 |
|
55,115,161,012 |
|
|
|
Other Advances |
|
|
|
|
|
|
|
Local |
|
2,320,925,619 |
|
2,262,702,357 |
|
|
|
Foreign |
|
4,061,902,636 |
|
3,768,905,103 |
|
|
|
|
|
6,382,828,255 |
|
6,031,607,460 |
|
|
|
Other Investments |
|
13,123,162,128 |
|
13,153,094,957 |
|
|
|
Fixed Assets |
|
5,969,982,231 |
|
5,927,383,848 |
|
|
|
Other Assets |
|
3,004,727,545 |
|
3,265,434,922 |
|
|
|
|
|
111,067,566,288 |
|
111,061,646,613 |
|
|
|
less: |
|
|
|
|
|
|
|
LIABILITIES |
|
|
|
|
|
|
|
Deposits |
|
|
|
|
|
|
|
Demand |
|
14,316,079,274 |
|
14,621,358,312 |
|
|
|
Savings |
|
36,278,607,626 |
|
36,346,963,329 |
|
|
|
Time |
|
35,496,818,341 |
|
35,292,755,975 |
|
|
|
|
|
86,091,505,241 |
|
86,261,077,616 |
|
|
|
Borrowings |
|
|
|
|
|
|
|
Bank of Mauritius |
|
250,000,000 |
|
304,270,900 |
|
|
|
Banks in Mtius & Abroad |
|
4,080,632,028 |
|
3,867,988,645 |
|
|
|
Offshore Banks in Mtius |
|
617,445,652 |
|
834,963,189 |
|
|
|
Others |
|
117,113,138 |
|
121,362,771 |
|
|
|
|
|
5,065,190,818 |
|
5,128,585,505 |
|
|
|
Other Liabilities |
|
7,995,624,744 |
|
7,698,070,156 |
|
|
|
|
|
99,152,320,803 |
|
99,087,733,277 |
|
|
|
|
|
11,915,245,485 |
|
11,973,913,336 |
|
|
|
FINANCED BY |
|
|
|
|
|
|
|
CAPITAL & RESERVES |
|
|
|
|
|
|
|
Issued & Paid-Up Capital |
|
3,282,824,269 |
|
3,282,824,269 |
|
|
|
Reserves & Surplus |
|
8,617,635,302 |
|
8,676,303,153 |
|
|
|
|
|
11,900,459,571 |
|
11,959,127,422 |
|
|
|
LOANS |
|
14,785,914 |
|
14,785,914 |
|
|
|
|
|
11,915,245,485 |
|
11,973,913,336 |
|
|
|
MEMORANDUM ITEMS |
|
|
|
|
|
|
|
Documentary Letters of Credit, Acceptances, |
|
|
|
|
|
|
Endorsements & other Obligations on |
|
|
|
|
|
|
account of Customers |
|
14,960,713,874 |
|
15,103,815,696 |
|
|
|
Inward Bills Held for Collection |
|
1,229,960,592 |
|
1,078,921,371 |
|
|
|
Outward Bills Sent for Collection |
|
636,232,455 |
|
645,711,808 |
|
|
|
Table 9: Sector-wise Distribution of Commercial Banks' Credit to the Private Sector: June 1998 - October 2000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(End of Period) |
(Rs million) |
Sectors |
Jun-98 |
Dec-98 |
Jun-99 |
Oct-99 |
Nov-99 |
Dec-99 |
Jan-00 |
Feb-00 |
Mar-00 |
Apr-00 |
May-00 |
Jun-00 |
Jul-00 |
Aug-00 |
Sep-00 |
Oct-00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1. Mauritius Sugar Syndicate |
0.8 |
675.6 |
95.3 |
341.9 |
278.0 |
1.7 |
2.6 |
2.7 |
8.4 |
154.5 |
164.1 |
235.6 |
613.7 |
759.3 |
832.0 |
791.6 |
2. Sugar Industry - Estates |
2,613.2 |
2,191.9 |
2,965.3 |
2,777.6 |
2,688.1 |
2,611.8 |
2,847.1 |
2,920.2 |
3,003.8 |
3,119.7 |
3,236.0 |
3,422.6 |
3,504.9 |
3,424.6 |
3,233.3 |
3,120.8 |
3. Sugar Industry - Others |
462.9 |
343.5 |
376.5 |
403.0 |
396.1 |
371.5 |
287.3 |
282.6 |
286.2 |
292.4 |
332.8 |
376.7 |
366.9 |
354.4 |
341.5 |
313.9 |
4. Other Agricultural Interests |
504.2 |
465.3 |
401.1 |
407.4 |
413.1 |
400.4 |
403.1 |
414.0 |
419.5 |
428.2 |
435.2 |
429.6 |
445.0 |
439.0 |
445.9 |
454.7 |
5. Export Enterprise Certificate Holders |
5,859.1 |
6,315.2 |
5,958.1 |
5,706.5 |
5,792.2 |
5,588.1 |
5,672.3 |
6,024.0 |
5,905.0 |
5,971.1 |
6,119.2 |
6,037.4 |
5,993.3 |
6,071.7 |
6,115.0 |
6,376.5 |
6. Development Certificate Holders |
1,121.7 |
1,207.2 |
1,058.4 |
1,165.0 |
1,266.9 |
1,226.4 |
1,282.4 |
1,341.4 |
1,485.0 |
1,473.7 |
1,525.8 |
1,573.0 |
1,543.8 |
1,652.7 |
1,670.5 |
1,750.1 |
7. Agricultural Development Cert. Holders |
40.4 |
56.8 |
56.8 |
62.0 |
60.8 |
61.9 |
55.1 |
56.6 |
55.6 |
50.2 |
34.0 |
34.3 |
19.9 |
16.4 |
15.0 |
15.9 |
8. Export Service Certificate Holders |
103.8 |
136.8 |
159.7 |
153.1 |
149.4 |
168.0 |
159.7 |
171.5 |
175.9 |
153.2 |
154.5 |
155.4 |
143.2 |
145.6 |
153.4 |
157.2 |
9. Pioneer Status Certificate Holders |
149.3 |
141.7 |
128.3 |
132.6 |
148.8 |
144.4 |
146.3 |
170.4 |
164.4 |
157.5 |
159.3 |
165.6 |
168.6 |
181.2 |
182.0 |
180.1 |
10. Housing Development Cert. Holders |
53.9 |
51.6 |
36.1 |
27.9 |
28.0 |
25.6 |
26.5 |
26.9 |
24.5 |
25.1 |
24.4 |
25.1 |
24.4 |
24.8 |
24.0 |
24.6 |
11. Hotel Management Certificate Holders |
367.6 |
708.3 |
668.6 |
942.1 |
1,033.5 |
1,143.5 |
1,125.4 |
970.6 |
1,020.1 |
1,926.0 |
2,134.9 |
2,208.3 |
2,135.2 |
1,610.6 |
1,652.8 |
1,816.3 |
12. Small Scale Industries |
246.3 |
245.2 |
249.6 |
237.4 |
242.4 |
236.9 |
232.3 |
252.4 |
242.0 |
249.3 |
248.8 |
260.7 |
255.9 |
247.9 |
255.5 |
243.5 |
13. Ex-Dc Industries |
351.4 |
484.2 |
483.9 |
517.6 |
550.8 |
490.1 |
571.9 |
448.4 |
343.0 |
316.4 |
365.6 |
467.4 |
413.1 |
393.6 |
368.0 |
330.6 |
14. Other Industries & Manufacturers |
4,731.2 |
4,617.6 |
4,860.2 |
4,770.5 |
4,857.8 |
4,731.6 |
4,837.4 |
5,040.9 |
4,948.3 |
4,752.2 |
4,803.7 |
4,855.1 |
4,915.2 |
4,995.2 |
5,004.6 |
4,974.7 |
15. Industrial Building Ent. Cert. Holders |
142.8 |
172.8 |
184.9 |
173.8 |
188.6 |
190.4 |
194.0 |
194.6 |
207.6 |
217.7 |
218.6 |
215.4 |
237.1 |
242.6 |
231.3 |
226.7 |
16. Strategic Local Enterprise Cert. Holders |
7.5 |
5.8 |
5.6 |
4.1 |
3.9 |
2.7 |
2.0 |
2.4 |
2.1 |
2.0 |
2.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
17. Housing (including Rodrigues) |
4,970.7 |
5,849.9 |
6,282.5 |
6,422.1 |
6,348.4 |
6,568.5 |
6,532.2 |
6,488.6 |
6,466.0 |
6,479.8 |
6,441.9 |
6,449.9 |
6,454.4 |
6,490.5 |
6,539.5 |
6,514.5 |
18. Hotels (other than item 11 above) |
1,267.8 |
1,414.9 |
1,663.8 |
1,988.1 |
2,237.9 |
2,593.4 |
2,736.3 |
2,726.0 |
2,809.0 |
2,679.7 |
2,423.2 |
2,529.6 |
2,888.1 |
3,052.0 |
3,137.2 |
3,101.8 |
19. Transport |
606.4 |
622.7 |
681.6 |
685.0 |
690.8 |
652.8 |
651.7 |
627.8 |
619.7 |
609.8 |
573.6 |
600.6 |
606.4 |
611.6 |
617.4 |
636.1 |
20. Statutory and Parastatal Bodies |
400.5 |
778.1 |
944.9 |
1,199.7 |
1,214.4 |
1,389.6 |
1,619.7 |
1,408.3 |
1,431.2 |
1,634.6 |
1,639.7 |
2,390.6 |
2,356.8 |
2,318.3 |
2,403.3 |
2,157.5 |
21. Building Contractors, etc. |
2,337.1 |
2,473.1 |
2,576.7 |
2,844.0 |
2,853.5 |
2,819.7 |
2,833.4 |
2,842.3 |
2,779.4 |
2,680.2 |
2,854.7 |
2,771.3 |
2,837.3 |
2,875.9 |
2,824.7 |
2,854.3 |
22. Traders |
8,489.9 |
9,517.3 |
9,814.6 |
9,998.4 |
9,821.4 |
9,542.1 |
9,658.2 |
9,238.9 |
9,239.4 |
9,085.0 |
8,957.0 |
8,989.6 |
8,999.8 |
9,195.2 |
9,274.0 |
9,291.8 |
23. Stockbrokers |
143.4 |
141.5 |
153.1 |
125.3 |
120.1 |
111.1 |
112.9 |
119.0 |
121.7 |
27.1 |
25.9 |
23.7 |
30.3 |
317.5 |
317.0 |
316.9 |
24. Personal & Professional |
5,755.0 |
6,268.3 |
6,672.3 |
6,916.8 |
6,881.2 |
6,791.0 |
6,654.5 |
6,717.1 |
6,732.2 |
6,828.3 |
6,887.8 |
6,963.4 |
7,024.5 |
7,144.5 |
7,211.6 |
7,303.2 |
25. Financial Institutions |
710.6 |
1,172.8 |
1,162.7 |
1,069.6 |
964.3 |
858.8 |
960.7 |
1,062.3 |
1,356.5 |
1,376.1 |
1,470.5 |
1,509.2 |
1,556.7 |
1,733.4 |
1,695.8 |
1,717.9 |
26. Other Customers |
1,469.7 |
1,886.2 |
2,441.6 |
2,421.4 |
2,566.9 |
2,624.7 |
2,623.8 |
2,560.3 |
2,596.3 |
2,522.3 |
2,547.1 |
2,677.9 |
2,934.7 |
2,829.2 |
2,832.5 |
2,837.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
42,907.2 |
47,944.0 |
50,082.2 |
51,493.1 |
51,797.4 |
51,346.8 |
52,228.8 |
52,110.1 |
52,443.0 |
53,212.0 |
53,780.5 |
55,368.0 |
56,469.4 |
57,128.0 |
57,377.8 |
57,508.5 |
Investment in Shares and Debentures |
7,033.9 |
8,708.9 |
10,024.1 |
10,830.7 |
11,004.3 |
11,173.8 |
11,432.6 |
11,537.7 |
11,693.6 |
11,895.0 |
11,887.5 |
11,903.4 |
11,965.4 |
11,948.7 |
11,944.9 |
11,914.9 |
TOTAL CREDIT TO PRIVATE SECTOR |
49,941.1 |
56,652.9 |
60,106.3 |
62,323.7 |
62,801.7 |
62,520.6 |
63,661.4 |
63,647.8 |
64,136.6 |
65,107.0 |
65,668.0 |
67,271.4 |
68,434.8 |
69,076.7 |
69,322.7 |
69,423.4 |
Figures may not add up to totals due to rounding. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Table 10: Sector-wise Distribution of Commercial Banks' Credit to the Private Sector as at end October 2000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Figures rounded to nearest rupee |
|
|
|
Sectors |
Overdrafts |
Loans1 |
Bills |
Bills |
Bills |
Total |
|
|
|
|
|
Purchased & |
Receivable |
Discounted |
|
|
|
|
|
|
Discounted |
|
Contra |
|
|
|
|
|
|
|
|
|
|
|
|
1. Mauritius Sugar Syndicate |
791,617,731 |
0 |
0 |
0 |
0 |
791,617,731 |
|
|
2. Sugar Industry - Estates |
1,119,617,907 |
1,987,797,750 |
13,384,365 |
0 |
0 |
3,120,800,022 |
|
|
3. Sugar Industry - Others |
226,068,434 |
87,693,977 |
167,979 |
0 |
0 |
313,930,390 |
|
|
4. Other Agricultural Interests |
237,357,735 |
216,079,752 |
1,296,764 |
0 |
0 |
454,734,252 |
|
|
5. Export Enterprise Certificate Holders |
4,157,912,274 |
1,749,658,772 |
180,724,414 |
288,200,169 |
0 |
6,376,495,629 |
|
|
6. Development Certificate Holders |
376,070,514 |
1,267,342,326 |
2,821,964 |
103,817,290 |
0 |
1,750,052,094 |
|
|
7. Agricultural Development Certificate Holders |
2,482,429 |
10,763,569 |
0 |
2,628,073 |
0 |
15,874,070 |
|
|
8. Export Service Certificate Holders |
107,069,817 |
48,833,606 |
136,457 |
1,202,835 |
0 |
157,242,715 |
|
|
9. Pioneer Status Certificate Holders |
78,737,728 |
84,980,903 |
5,455,465 |
10,927,426 |
0 |
180,101,522 |
|
|
10. Housing Development Certificate Holders |
7,086,855 |
17,528,930 |
0 |
0 |
0 |
24,615,784 |
|
|
11. Hotel Management Certificate Holders |
877,249,397 |
939,034,683 |
0 |
0 |
0 |
1,816,284,080 |
|
|
12. Small Scale Industries |
149,235,359 |
87,664,390 |
150,917 |
6,499,105 |
0 |
243,549,771 |
|
|
13. Ex-Dc Industries |
215,099,627 |
107,255,620 |
410,000 |
7,794,338 |
0 |
330,559,586 |
|
|
14. Other Industries & Manufacturers |
2,360,244,094 |
2,427,103,724 |
8,587,304 |
178,753,841 |
0 |
4,974,688,962 |
|
|
15. Industrial Building Enterprise Cert. Holders |
49,401,363 |
177,282,661 |
0 |
0 |
0 |
226,684,024 |
|
|
16. Strategic Local Enterprise Cert. Holders |
0 |
0 |
0 |
0 |
0 |
0 |
|
|
17. Housing (including Rodrigues) |
290,228,362 |
6,174,698,430 |
49,553,158 |
0 |
0 |
6,514,479,950 |
|
|
18. Hotels (other than item 11 above) |
926,569,811 |
2,174,645,204 |
600,000 |
0 |
0 |
3,101,815,015 |
|
|
19. Transport |
132,432,099 |
503,617,152 |
7,274 |
0 |
0 |
636,056,525 |
|
|
20. Statutory and Para-Statal Bodies |
1,247,729,787 |
909,727,977 |
0 |
0 |
0 |
2,157,457,764 |
|
|
21. Building Contractors, etc. |
1,220,513,513 |
1,632,604,928 |
1,224,426 |
0 |
0 |
2,854,342,866 |
|
|
22. Traders |
4,854,223,372 |
3,423,818,865 |
118,542,776 |
895,264,652 |
0 |
9,291,849,665 |
|
|
23. Stock Brokers |
8,723,842 |
308,171,766 |
0 |
0 |
0 |
316,895,608 |
|
|
24. Personal & Professional |
2,487,716,480 |
4,459,471,070 |
340,162,614 |
15,849,216 |
0 |
7,303,199,380 |
|
|
25. Financial Institutions |
1,190,751,330 |
521,606,489 |
5,076,006 |
479,974 |
0 |
1,717,913,799 |
|
|
26. Other Customers |
1,581,173,427 |
1,174,851,900 |
31,959,824 |
49,246,994 |
0 |
2,837,232,145 |
|
|
|
|
|
|
|
|
|
|
|
Total |
24,695,313,286 |
30,492,234,445 |
760,261,706 |
1,560,663,913 |
0 |
57,508,473,350 |
|
|
Investment in Shares and Debentures |
|
|
|
|
|
11,914,938,329 |
|
|
TOTAL CREDIT TO PRIVATE SECTOR |
|
|
|
|
|
69,423,411,679 |
|
|
1 Includes Loans and Other Financing in Foreign Currencies. |
|
|
|
|
|
|
|
Table 11: Components and Sources of Reserve Money |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(End of Period) |
|
(Rs million) |
|
|
Jun-99 |
Sep-99 |
Dec-99 |
Mar-00 |
Apr-00 |
May-00 |
Jun-00 |
Jul-00 |
Aug-00 |
Sep-00 |
Oct-00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Components of Reserve Money |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1. Currency with Public |
4,876 |
4,322 |
6,127 |
5,132 |
5,139 |
5,050 |
5,172 |
5,267 |
5,255 |
5,407 |
5,407 |
|
2. Currency with Banks |
2,000 |
2,349 |
3,010 |
1,631 |
1,559 |
1,728 |
1,557 |
1,619 |
1,851 |
1,729 |
1,811 |
|
3. Demand Deposits with Bank of Mauritius |
3,469 |
3,156 |
1,388 |
3,437 |
3,236 |
3,000 |
3,037 |
3,334 |
2,901 |
3,188 |
2,851 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Reserve Money (1+2+3) |
10,345 |
9,827 |
10,525 |
10,200 |
9,934 |
9,778 |
9,766 |
10,220 |
10,007 |
10,324 |
10,069 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sources of Reserve Money |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1. Net Foreign Assets of BoM |
15,315 |
15,696 |
18,425 |
18,214 |
17,728 |
17,222 |
17,455 |
17,067 |
16,925 |
16,895 |
16,986 |
|
2. Net BoM Credit to Government |
4,576 |
4,384 |
2,281 |
2,298 |
2,495 |
2,699 |
3,002 |
3,615 |
4,023 |
4,373 |
4,103 |
|
3. BoM Credit to Commercial Banks |
250 |
250 |
250 |
296 |
345 |
628 |
623 |
669 |
264 |
304 |
250 |
|
4. BoM Credit to Non-Bank Financial Institutions |
575 |
541 |
506 |
475 |
463 |
448 |
435 |
422 |
408 |
396 |
382 |
|
5. Net Non-Monetary Liabilities |
10,371 |
11,045 |
10,938 |
11,083 |
11,097 |
11,219 |
11,749 |
11,553 |
11,613 |
11,644 |
11,652 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Reserve Money (1+2+3+4-5) |
10,345 |
9,827 |
10,525 |
10,200 |
9,934 |
9,778 |
9,766 |
10,220 |
10,007 |
10,324 |
10,069 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Broad Money Multiplier @ |
7.8 |
8.5 |
8.3 |
8.6 |
8.8 |
9.0 |
9.1 |
8.8 |
9.0 |
8.9 |
9.1 |
|
Note: Figures may not add up to totals due to rounding |
|
|
|
|
@ Defined as the ratio of Broad Money to Reserve Money |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Table 12: Components and Sources of Broad Money (M2) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(End of Period) |
|
(Rs millio |
|
|
|
Jun-99 |
Sep-99 |
Dec-99 |
Mar-00 |
Apr-00 |
May-00 |
Jun-00 |
Jul-00 |
Aug-00 |
Sep-00 |
Oct-00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Components of Broad Money |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1. Currency with Public |
4,876 |
4,322 |
6,127 |
5,132 |
5,139 |
5,050 |
5,172 |
5,267 |
5,255 |
5,407 |
5,407 |
|
2. Demand Deposits with the Banking System |
6,030 |
5,833 |
5,877 |
5,867 |
5,535 |
5,503 |
5,894 |
6,504 |
5,803 |
6,140 |
5,744 |
|
I. Narrow Money, M1 (1+2) |
10,906 |
10,155 |
12,004 |
10,999 |
10,674 |
10,553 |
11,065 |
11,771 |
11,058 |
11,548 |
11,151 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1. Savings Deposits |
31,830 |
34,085 |
34,525 |
36,107 |
36,241 |
35,664 |
35,702 |
35,814 |
36,437 |
36,369 |
36,308 |
|
2. Time Deposits |
30,239 |
31,638 |
33,094 |
33,607 |
33,637 |
33,883 |
33,939 |
33,742 |
34,569 |
35,271 |
35,468 |
|
3. Foreign Currency Deposits |
7,229 |
7,282 |
7,276 |
7,252 |
7,162 |
7,722 |
8,228 |
8,316 |
8,118 |
8,290 |
8,377 |
|
II. Quasi-Money (1+2+3) |
69,298 |
73,005 |
74,895 |
76,966 |
77,039 |
77,269 |
77,869 |
77,872 |
79,124 |
79,930 |
80,152 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Broad Money, M2 (I+II) |
80,204 |
83,160 |
86,899 |
87,965 |
87,713 |
87,822 |
88,935 |
89,643 |
90,182 |
91,478 |
91,303 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Sources of Broad Money |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1. Bank of Mauritius |
15,315 |
15,696 |
18,425 |
18,214 |
17,728 |
17,222 |
17,455 |
17,067 |
16,925 |
16,895 |
16,986 |
|
2. Commercial Banks |
6,772 |
6,526 |
7,120 |
6,537 |
6,226 |
6,499 |
7,254 |
6,554 |
5,964 |
6,428 |
6,693 |
|
I. Net Foreign Assets (1+2) |
22,087 |
22,222 |
25,545 |
24,751 |
23,954 |
23,721 |
24,709 |
23,621 |
22,889 |
23,323 |
23,679 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1. Bank of Mauritius |
4,576 |
4,384 |
2,281 |
2,298 |
2,495 |
2,699 |
3,002 |
3,615 |
4,023 |
4,373 |
4,103 |
|
2. Commercial Banks |
11,437 |
13,009 |
15,416 |
15,929 |
15,775 |
15,961 |
15,464 |
15,054 |
15,072 |
15,255 |
14,823 |
|
A. Net Credit to the Central Government (1+2) |
16,013 |
17,393 |
17,697 |
18,226 |
18,270 |
18,660 |
18,466 |
18,669 |
19,095 |
19,628 |
18,926 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1. Bank of Mauritius Claims on Non-bank Financial Institutio |
575 |
541 |
506 |
475 |
463 |
448 |
435 |
422 |
408 |
396 |
382 |
|
2. Commercial Banks' Claims on Private Sector |
60,106 |
61,896 |
62,521 |
64,137 |
65,107 |
65,668 |
67,271 |
68,435 |
69,077 |
69,323 |
69,423 |
|
3. Commercial Banks' Claims on Other Bank-like Institutions |
33 |
284 |
284 |
284 |
284 |
284 |
284 |
284 |
284 |
284 |
284 |
|
B. Credit to the Private Sector (1+2+3) |
60,714 |
62,721 |
63,311 |
64,895 |
65,854 |
66,400 |
67,990 |
69,140 |
69,769 |
70,003 |
70,089 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
II. Domestic Credit (A+B) |
76,727 |
80,113 |
81,008 |
83,121 |
84,124 |
85,060 |
86,456 |
87,809 |
88,864 |
89,631 |
89,015 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
III. Net Non-Monetary Liabilities |
18,610 |
19,175 |
19,654 |
19,907 |
20,365 |
20,959 |
22,230 |
21,787 |
21,571 |
21,476 |
21,391 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Broad Money, M2 (I+II-III) |
80,204 |
83,160 |
86,899 |
87,965 |
87,713 |
87,822 |
88,935 |
89,643 |
90,182 |
91,478 |
91,303 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Note: Figures may not add up to totals due to rounding. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Table 13: Currency in Circulation |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Rs million) |
|
|
End |
BANKNOTES |
COINS |
TOTAL |
|
of |
Demonetized |
|
|
|
|
|
|
|
|
|
|
|
Comme- |
Gold |
|
|
|
|
|
|
|
|
|
|
|
NOTES |
|
Month |
Currency |
Rs5 |
Rs10 |
Rs20 |
Rs25 |
Rs50 |
Rs100 |
Rs200 |
Rs500 |
Rs1000 |
Rs2000 |
Total |
morative |
Bullion |
Rs10 |
Rs5 |
Re1 |
50c |
25c |
20c |
10c |
5c |
2c |
1c |
Total |
AND COINS |
|
|
Notes |
|
|
|
|
|
|
|
|
|
|
|
Coins |
Coins |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dec-96 |
22.0 |
5.4 |
188.9 |
2.2 |
0.0 |
188.8 |
1,057.9 |
1,025.5 |
1,890.0 |
2,064.4 |
0.0 |
6,444.9 |
6.6 |
10.8 |
0.2 |
53.1 |
61.2 |
13.9 |
6.5 |
13.5 |
2.5 |
3.3 |
0.3 |
0.2 |
172.2 |
6,617.2 |
|
Mar-97 |
22.0 |
5.4 |
171.2 |
2.0 |
0.0 |
169.9 |
910.8 |
815.6 |
1,519.6 |
1,860.8 |
0.0 |
5,477.2 |
6.6 |
11.0 |
0.2 |
50.9 |
61.6 |
14.1 |
6.5 |
13.8 |
2.5 |
3.3 |
0.3 |
0.2 |
171.1 |
5,648.3 |
|
Jun-97 |
21.9 |
5.3 |
169.6 |
1.9 |
0.0 |
169.6 |
872.4 |
816.7 |
1,227.6 |
2,017.7 |
0.0 |
5,302.7 |
6.6 |
11.1 |
0.2 |
50.7 |
61.9 |
14.2 |
6.5 |
14.2 |
2.5 |
3.4 |
0.3 |
0.2 |
171.7 |
5,474.5 |
|
Sep-97 |
21.9 |
5.3 |
172.0 |
1.9 |
0.0 |
167.2 |
870.1 |
863.8 |
1,186.7 |
2,188.8 |
0.0 |
5,477.7 |
6.6 |
11.3 |
2.9 |
52.7 |
63.3 |
14.4 |
6.5 |
14.6 |
2.5 |
3.5 |
0.3 |
0.2 |
178.6 |
5,656.4 |
|
Dec-97 |
21.9 |
5.2 |
179.6 |
1.9 |
0.0 |
232.1 |
1,006.0 |
1,206.0 |
1,992.7 |
2,451.8 |
0.0 |
7,097.1 |
6.6 |
11.6 |
14.3 |
57.0 |
66.3 |
14.8 |
6.5 |
15.1 |
2.5 |
3.6 |
0.3 |
0.2 |
198.7 |
7,295.8 |
|
Mar-98 |
21.9 |
5.2 |
166.7 |
1.9 |
0.0 |
190.3 |
882.5 |
888.3 |
1,464.6 |
2,337.7 |
0.0 |
5,959.1 |
6.6 |
11.6 |
14.5 |
54.8 |
66.8 |
15.0 |
6.5 |
15.4 |
2.5 |
3.6 |
0.3 |
0.2 |
197.8 |
6,156.9 |
|
Jun-98 |
21.8 |
5.1 |
163.6 |
1.9 |
0.0 |
179.5 |
846.0 |
860.5 |
1,426.8 |
2,330.3 |
0.0 |
5,835.5 |
6.6 |
11.7 |
17.8 |
53.5 |
66.3 |
15.1 |
6.5 |
15.7 |
2.5 |
3.7 |
0.3 |
0.2 |
199.9 |
6,035.4 |
|
Sep-98 |
21.7 |
5.1 |
156.9 |
1.8 |
0.0 |
184.7 |
877.3 |
933.0 |
1,518.8 |
2,356.9 |
0.0 |
6,056.2 |
6.6 |
11.7 |
26.9 |
55.2 |
66.8 |
15.5 |
6.4 |
16.1 |
2.5 |
3.8 |
0.3 |
0.2 |
212.1 |
6,268.3 |
|
Dec-98 |
21.6 |
5.1 |
136.3 |
1.8 |
21.6 |
208.5 |
1,063.1 |
1,173.4 |
1,841.1 |
3,145.8 |
196.1 |
7,814.4 |
6.6 |
11.8 |
51.8 |
58.9 |
69.3 |
15.9 |
6.4 |
16.6 |
2.5 |
3.9 |
0.3 |
0.2 |
244.3 |
8,058.7 |
|
Jan-99 |
21.6 |
5.1 |
125.8 |
1.8 |
22.1 |
193.9 |
907.9 |
990.8 |
1,513.5 |
2,708.8 |
192.3 |
6,683.6 |
6.7 |
11.8 |
55.8 |
58.5 |
69.7 |
16.0 |
6.4 |
16.7 |
2.5 |
3.9 |
0.3 |
0.2 |
248.6 |
6,932.2 |
|
Feb-99 |
21.6 |
5.1 |
118.8 |
1.8 |
24.3 |
189.0 |
881.3 |
1,000.6 |
1,485.0 |
2,567.4 |
186.4 |
6,481.3 |
6.7 |
12.0 |
58.1 |
56.1 |
68.9 |
16.0 |
6.4 |
16.8 |
2.5 |
3.9 |
0.3 |
0.2 |
247.9 |
6,729.2 |
|
Mar-99 |
21.6 |
5.1 |
111.0 |
1.8 |
23.5 |
185.0 |
906.5 |
1,022.4 |
1,441.8 |
2,565.5 |
213.9 |
6,498.1 |
6.7 |
12.0 |
64.6 |
55.3 |
68.8 |
16.1 |
6.4 |
16.9 |
2.4 |
3.9 |
0.3 |
0.2 |
253.6 |
6,751.7 |
|
Apr-99 |
21.6 |
5.1 |
105.2 |
1.8 |
24.8 |
174.8 |
862.7 |
982.3 |
1,441.0 |
2,564.7 |
223.2 |
6,407.2 |
6.6 |
12.0 |
67.8 |
54.5 |
68.3 |
16.2 |
6.4 |
17.0 |
2.4 |
3.9 |
0.3 |
0.2 |
255.6 |
6,662.8 |
|
May-99 |
21.6 |
5.0 |
100.2 |
1.8 |
24.0 |
172.9 |
863.4 |
960.9 |
1,411.7 |
2,569.7 |
271.2 |
6,402.4 |
6.7 |
11.9 |
72.2 |
54.1 |
67.8 |
16.3 |
6.4 |
17.2 |
2.5 |
4.0 |
0.3 |
0.2 |
259.6 |
6,662.0 |
|
Jun-99 |
21.6 |
5.0 |
93.6 |
1.8 |
34.9 |
197.7 |
923.9 |
1,034.4 |
1,438.5 |
2,555.2 |
308.8 |
6,615.3 |
6.7 |
11.9 |
75.1 |
52.8 |
67.3 |
16.3 |
6.4 |
17.3 |
2.5 |
4.0 |
0.3 |
0.2 |
260.7 |
6,876.0 |
|
Jul-99 |
21.6 |
5.0 |
86.6 |
1.8 |
30.7 |
178.7 |
869.8 |
1,040.1 |
1,351.8 |
2,251.9 |
408.2 |
6,246.1 |
6.7 |
11.9 |
80.5 |
52.0 |
67.1 |
16.3 |
6.4 |
17.4 |
2.5 |
4.0 |
0.3 |
0.2 |
265.3 |
6,511.4 |
|
Aug-99 |
21.6 |
5.0 |
78.7 |
1.8 |
34.6 |
174.4 |
885.5 |
1,034.7 |
1,452.4 |
2,218.1 |
472.1 |
6,378.9 |
6.7 |
11.9 |
87.6 |
52.1 |
67.1 |
16.3 |
6.4 |
17.6 |
2.5 |
4.0 |
0.3 |
0.2 |
272.6 |
6,651.5 |
|
Sep-99 |
21.6 |
5.0 |
66.4 |
1.8 |
41.4 |
168.0 |
895.2 |
1,039.5 |
1,507.0 |
2,115.3 |
532.0 |
6,393.2 |
6.7 |
11.9 |
91.7 |
52.4 |
67.3 |
16.2 |
6.4 |
17.7 |
2.5 |
4.0 |
0.3 |
0.2 |
277.2 |
6,670.4 |
|
Oct-99 |
21.5 |
4.9 |
44.4 |
1.8 |
47.8 |
158.9 |
880.0 |
1,020.8 |
1,533.9 |
2,169.6 |
538.0 |
6,421.5 |
6.7 |
12.0 |
102.5 |
52.8 |
67.1 |
16.2 |
6.4 |
17.8 |
2.5 |
4.0 |
0.3 |
0.2 |
288.4 |
6,709.9 |
|
Nov-99 |
21.5 |
4.9 |
40.4 |
1.7 |
54.3 |
172.0 |
965.4 |
1,092.4 |
1,666.9 |
2,406.6 |
583.1 |
7,009.1 |
6.7 |
12.0 |
112.1 |
53.6 |
67.5 |
16.2 |
6.4 |
17.9 |
2.5 |
4.0 |
0.3 |
0.2 |
299.5 |
7,308.6 |
|
Dec-99 |
21.5 |
4.9 |
39.1 |
1.7 |
64.9 |
196.6 |
1,098.6 |
1,343.5 |
2,010.5 |
3,358.1 |
683.0 |
8,822.4 |
6.7 |
12.1 |
122.1 |
55.8 |
69.4 |
16.3 |
6.4 |
18.1 |
2.5 |
4.0 |
0.3 |
0.2 |
313.9 |
9,136.3 |
|
Jan-00 |
21.5 |
4.8 |
37.9 |
1.7 |
59.0 |
178.8 |
869.5 |
976.7 |
1,477.0 |
2,537.3 |
595.8 |
6,760.0 |
6.8 |
12.1 |
120.7 |
55.3 |
69.5 |
16.3 |
6.4 |
18.1 |
2.5 |
4.1 |
0.3 |
0.2 |
312.3 |
7,072.3 |
|
Feb-00 |
21.5 |
4.8 |
37.3 |
1.7 |
56.6 |
171.7 |
829.0 |
965.7 |
1,418.5 |
2,479.3 |
581.9 |
6,568.0 |
6.8 |
12.0 |
116.5 |
54.0 |
68.8 |
16.3 |
6.4 |
18.2 |
2.5 |
4.1 |
0.3 |
0.2 |
306.2 |
6,874.2 |
|
Mar-00 |
21.5 |
4.8 |
37.0 |
1.7 |
55.1 |
164.0 |
801.6 |
955.1 |
1,391.1 |
2,460.8 |
568.8 |
6,461.5 |
6.9 |
12.2 |
114.1 |
52.8 |
68.1 |
16.3 |
6.4 |
18.3 |
2.4 |
4.1 |
0.3 |
0.2 |
302.1 |
6,763.6 |
|
Apr-00 |
21.4 |
4.8 |
36.7 |
1.7 |
56.7 |
161.4 |
793.9 |
937.0 |
1,365.0 |
2,461.5 |
557.6 |
6,397.7 |
6.9 |
12.2 |
113.3 |
51.9 |
67.8 |
16.3 |
6.4 |
18.4 |
2.5 |
4.1 |
0.3 |
0.2 |
300.3 |
6,698.0 |
|
May-00 |
21.4 |
4.8 |
36.3 |
1.7 |
56.7 |
160.5 |
793.3 |
948.1 |
1,375.6 |
2,511.1 |
568.8 |
6,478.3 |
6.9 |
12.2 |
113.5 |
51.3 |
67.4 |
16.3 |
6.4 |
18.5 |
2.5 |
4.1 |
0.3 |
0.2 |
299.6 |
6,777.9 |
|
Jun-00 |
21.4 |
4.8 |
36.1 |
1.7 |
58.8 |
157.7 |
778.9 |
959.5 |
1,372.6 |
2,478.9 |
561.6 |
6,432.0 |
6.9 |
12.2 |
111.6 |
50.9 |
67.0 |
16.3 |
6.4 |
18.6 |
2.5 |
4.1 |
0.3 |
0.2 |
297.0 |
6,729.0 |
|
Jul-00 |
21.4 |
4.8 |
36.0 |
1.7 |
59.6 |
157.2 |
784.6 |
970.8 |
1,401.9 |
2,569.9 |
579.1 |
6,587.0 |
6.9 |
12.2 |
113.6 |
50.9 |
66.8 |
16.3 |
6.4 |
18.7 |
2.5 |
4.1 |
0.3 |
0.2 |
298.9 |
6,885.9 |
|
Aug-00 |
21.4 |
4.7 |
35.8 |
1.7 |
61.3 |
159.1 |
817.5 |
991.0 |
1,429.2 |
2,687.3 |
593.0 |
6,802.0 |
6.9 |
12.2 |
116.9 |
51.8 |
67.6 |
16.3 |
6.4 |
18.8 |
2.5 |
4.2 |
0.3 |
0.2 |
304.1 |
7,106.1 |
|
Sep-00 |
21.4 |
4.7 |
35.6 |
1.7 |
65.0 |
161.9 |
801.2 |
990.8 |
1,431.2 |
2,716.5 |
600.7 |
6,830.7 |
6.9 |
12.1 |
117.8 |
52.3 |
67.9 |
16.4 |
6.4 |
19.0 |
2.5 |
4.2 |
0.3 |
0.2 |
306.0 |
7,136.7 |
|
Oct-00 |
21.4 |
4.7 |
35.5 |
1.7 |
68.3 |
166.2 |
819.6 |
1,001.4 |
1,434.1 |
2,750.2 |
608.1 |
6,911.2 |
6.9 |
12.2 |
117.8 |
52.4 |
68.0 |
16.3 |
6.4 |
19.0 |
2.5 |
4.2 |
0.3 |
0.2 |
306.2 |
7,217.4 |
|
Nov-00 |
21.4 |
4.7 |
35.3 |
1.7 |
76.6 |
167.1 |
843.1 |
1,005.4 |
1,489.8 |
2,858.9 |
623.6 |
7,127.6 |
6.9 |
12.2 |
120.3 |
53.4 |
68.0 |
16.6 |
6.4 |
19.3 |
2.5 |
4.2 |
0.3 |
0.2 |
310.3 |
7,437.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Figures may not add up to totals due to rounding. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Table 14: Auctions of Treasury Bills |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Rs million) |
|
|
Auctions held on |
Total |
|
|
|
|
3-Nov-00 |
10-Nov-00 |
17-Nov-00 |
24-Nov-00 |
Oct-00 |
Nov-00 |
|
|
|
|
|
|
|
|
|
|
1. |
Amount of Bills put on Tender |
600 |
400 |
700 |
3,000 |
3,300 |
4,700 |
|
2. |
Value of Bids Received |
543 |
308 |
668 |
904 |
2,669 |
2,423 |
|
3. |
Value of Bids Accepted |
537 |
308 |
434 |
873 |
2,414 |
2,152 |
|
4. |
Value of Bills Maturing 1 |
545 |
400 |
634 |
801 |
2,999 |
2,380 |
|
5. |
Net Issue of Bills (3 - 4) |
-8 |
-93 |
-200 |
72 |
-585 |
-229 |
|
|
|
|
|
|
|
|
|
|
1 Figures exclude maturing Bills of the Secondary Market Cell. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Table 15: Bank Rate and Weighted Average Yields on Treasury Bills |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Per cent per annum) |
|
|
|
Auctions held on |
|
|
|
|
3-Nov-00 |
10-Nov-00 |
17-Nov-00 |
24-Nov-00 |
|
|
|
|
|
|
|
|
|
|
1. |
Weighted Yield on: |
|
|
|
|
|
|
|
91-day |
9.55 |
9.95 |
10.23 |
10.13 |
|
|
|
182-day |
10.00 |
10.36 |
10.43 |
10.42 |
|
|
|
364-day |
11.77 |
11.97 |
12.12 |
12.18 |
|
|
|
728-day |
12.14 |
12.17 |
12.46 |
12.48 |
|
|
2. |
Overall Weighted Average Yield |
10.88 |
10.91 |
10.63 |
11.27 |
|
|
3. |
Bank Rate 1 |
10.81 |
10.70 |
10.59 |
11.05 |
|
|
|
|
|
|
|
|
|
|
|
1Bank Rate is determined on the basis of overall weighted average yield on Bills with maturities of 91,182 and 364 days only. |
As from 28 January 2000, Bank Rate is effective on the same day. |
|
|
|
|
As from April 2000, the issue of 28-day Treasury Bills was discontinued . |
|
|
|
|
|
|
|
|
|
|
|
Table 16: Auctions of Treasury Bills: Maturity-wise |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Jul-99 |
Aug-99 |
Sep-99 |
Oct-99 |
Nov-99 |
Dec-99 |
Jan-00 |
Feb-00 |
Mar-00 |
Apr-00 |
May-00 |
Jun-00 |
Jul-00 |
Aug-00 |
Sep-00 |
Oct-00 |
Nov-00 |
|
|
|
|
|
Rs million |
|
|
|
|
Rs million |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1. |
Amount of Bills put on Tender |
4,950 |
3,700 |
3,800 |
4,900 |
5,000 |
6,450 |
6,600 |
6,300 |
6,300 |
4,900 |
4,150 |
4,700 |
2,850 |
3,450 |
4,250 |
3,300 |
4,700 |
|
|
2. |
Total Bids Received |
3,462 |
2,440 |
3,489 |
3,681 |
4,596 |
5,528 |
5,758 |
5,318 |
5,559 |
4,954 |
4,658 |
2,886 |
2,285 |
2,974 |
3,530 |
2,669 |
2,423 |
|
|
|
28-day 1 |
1,131 |
812 |
1,462 |
1,579 |
1,507 |
2,070 |
1,489 |
1,474 |
1,201 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
|
|
91-day |
1,213 |
850 |
1,370 |
1,184 |
1,645 |
1,407 |
1,801 |
2,290 |
1,745 |
1,952 |
2,161 |
1,019 |
648 |
878 |
1,218 |
1,414 |
1,048 |
|
|
|
182-day |
224 |
438 |
256 |
348 |
564 |
897 |
1,035 |
727 |
1,032 |
1,340 |
991 |
653 |
325 |
256 |
384 |
119 |
311 |
|
|
|
364-day |
486 |
284 |
306 |
415 |
554 |
864 |
899 |
659 |
672 |
1,140 |
951 |
1,068 |
920 |
1,147 |
870 |
643 |
843 |
|
|
|
728-day |
408 |
56 |
95 |
155 |
326 |
290 |
534 |
168 |
910 |
522 |
554 |
147 |
392 |
693 |
1,057 |
493 |
221 |
|
|
3. |
Total Bills Sold |
3,448 |
2,392 |
3,088 |
3,214 |
3,241 |
4,196 |
5,494 |
5,317 |
4,072 |
3,050 |
4,049 |
2,672 |
2,208 |
2,816 |
3,480 |
2,414 |
2,152 |
|
|
|
28-day 1 |
1,131 |
787 |
1,112 |
1,163 |
728 |
1,514 |
1,374 |
1,474 |
905 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
|
|
91-day |
1,207 |
837 |
1,319 |
1,133 |
1,565 |
1,292 |
1,737 |
2,289 |
1,218 |
651 |
2,059 |
909 |
626 |
840 |
1,168 |
1,370 |
874 |
|
|
|
182-day |
217 |
438 |
256 |
348 |
518 |
770 |
953 |
727 |
585 |
861 |
910 |
581 |
301 |
256 |
384 |
88 |
311 |
|
|
|
364-day |
486 |
274 |
306 |
415 |
296 |
372 |
899 |
659 |
578 |
1,016 |
661 |
1,036 |
894 |
1,137 |
870 |
557 |
746 |
|
|
|
728-day |
407 |
56 |
95 |
155 |
134 |
248 |
531 |
168 |
786 |
522 |
418 |
147 |
386 |
583 |
1,057 |
399 |
221 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Per cent per annum |
|
|
|
|
Per cent per annum |
|
|
4. |
Weighted Average Yield |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
28-day 1 |
12.56 |
12.61 |
12.60 |
12.54 |
11.99 |
11.68 |
11.23 |
11.13 |
10.87 |
__ |
__ |
__ |
__ |
__ |
__ |
__ |
__ |
|
|
|
91-day |
12.72 |
12.71 |
12.72 |
12.70 |
12.67 |
12.47 |
12.26 |
12.14 |
12.08 |
10.76 |
9.96 |
8.93 |
8.58 |
9.05 |
9.16 |
9.54 |
10.04 |
|
|
|
182-day |
12.78 |
12.76 |
12.79 |
12.78 |
12.73 |
12.63 |
12.47 |
12.49 |
12.34 |
11.19 |
10.96 |
10.25 |
9.36 |
9.46 |
9.42 |
9.98 |
10.29 |
|
|
|
364-day |
12.99 |
13.00 |
13.00 |
12.99 |
12.99 |
12.71 |
12.60 |
12.62 |
12.24 |
11.62 |
11.50 |
10.55 |
11.19 |
11.37 |
11.39 |
11.71 |
12.00 |
|
|
|
728-day |
13.10 |
13.10 |
13.10 |
13.10 |
13.10 |
12.93 |
12.94 |
12.95 |
12.79 |
11.97 |
11.93 |
11.25 |
11.94 |
11.89 |
11.93 |
12.08 |
12.37 |
|
|
5. |
Overall Weighted Yield |
12.75 |
12.73 |
12.72 |
12.71 |
12.57 |
12.26 |
12.16 |
11.99 |
12.01 |
11.38 |
10.64 |
9.97 |
10.33 |
10.61 |
10.59 |
10.48 |
10.99 |
|
|
6. |
Bank Rate (Simple Average) |
12.69 |
12.74 |
12.72 |
12.69 |
12.60 |
12.36 |
12.06 |
11.95 |
11.71 |
11.23 |
10.54 |
10.04 |
10.08 |
10.32 |
9.96 |
10.16 |
10.77 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Figures may not add up to totals due to rounding. |
|
1 As from November 1999, 30-day Treasury Bill was replaced by 28-day Treasury Bill. As from April 2000, the issue of 28-day Treasury Bills was discontinued. |
|
|
|
|
|
|
Table 17: Repurchase Transactions |
|
|
|
|
|
|
|
15-Dec-99 |
20-Dec-99 |
3-Jul-00 |
|
3-Nov-00 |
9-Nov-00 |
10-Nov-00 |
14-Nov-00 |
29-Nov-00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1. |
Type of Transaction |
|
Reverse Repo |
Reverse Repo |
Repo |
Repo |
Repo |
Repo |
Repo |
Repo |
Reverse Repo |
|
|
2. |
Amount put on Auction (Rs mn) |
|
300 |
400 |
450 |
* |
600 |
* |
* |
* |
500 |
|
|
3. |
Repurchase Period (day/s) |
|
2 |
4 |
2 |
|
3 |
1 |
3 |
3 |
2 |
|
|
4. |
Weighted Average Yield on Bids Accepted (% p.a.) |
|
8.96 |
9.26 |
8.17 |
|
7.78 |
7.44 |
8.00 |
8.15 |
8.00 |
|
|
5. |
Lowest Yield Accepted (% p.a.) |
|
9.75 |
9.50 |
7.25 |
|
7.40 |
7.25 |
7.75 |
8.15 |
__ |
|
|
6. |
Highest Yield Accepted (% p.a.) |
|
|
|
|
__ |
__ |
__ |
__ |
__ |
8.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
*: Amount put on auction not specified. |
|
Table 18: Secondary Market Activity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Holdings |
Amount |
Amount |
Amount |
Amount of |
Amount of |
Total |
Weighted |
|
|
of SMC |
of Bills |
of Bills |
of Bills |
Government |
Government |
volume of |
average |
|
|
as at end |
transacted |
purchased |
sold by |
Securities |
Securities |
secondary |
yield on |
|
|
of period |
outside |
by |
SMC 1 |
transacted |
sold by |
market |
Bills sold |
|
|
|
SMC |
SMC |
|
outside SMC |
SMC |
transactions |
by SMC |
|
|
|
(Rs million) |
(% p.a.) |
|
November 2000 |
|
|
|
|
|
|
|
|
|
1-3 November |
1,627 |
0 |
3 |
23 |
0 |
0 |
26 |
11.02 |
|
6-10 November |
1,674 |
0 |
0 |
38 |
0 |
0 |
38 |
10.86 |
|
13-17 November |
1,877 |
13 |
0 |
36 |
0 |
0 |
49 |
11.62 |
|
20-24 November |
3,802 |
0 |
0 |
73 |
0 |
0 |
73 |
11.47 |
|
27-30 November |
674 |
0 |
1 |
3,323 |
0 |
0 |
3,324 |
10.08 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Jun-99 |
1,320 |
90 |
135 |
1,824 |
0 |
0 |
2,049 |
12.61 |
|
Sep-99 |
863 |
109 |
570 |
1,820 |
0 |
0 |
2,499 |
11.58 |
|
Dec-99 |
2,052 |
14 |
522 |
597 |
0 |
0 |
1,133 |
12.46 |
|
Jan-00 |
1,485 |
0 |
8 |
674 |
0 |
0 |
682 |
12.55 |
|
Feb-00 |
1,912 |
20 |
135 |
681 |
0 |
0 |
836 |
11.39 |
|
Mar-00 |
1,819 |
50 |
159 |
1,328 |
0 |
0 |
1,537 |
11.04 |
|
Apr-00 |
1,753 |
6 |
65 |
1,153 |
0 |
0 |
1,224 |
10.91 |
|
May-00 |
1,031 |
0 |
117 |
184 |
0 |
0 |
301 |
11.19 |
|
Jun-00 |
1,852 |
61 |
357 |
615 |
0 |
0 |
1,015 |
9.91 |
|
Jul-00 |
2,140 |
192 |
1 |
452 |
0 |
0 |
645 |
11.00 |
|
Aug-00 |
1,770 |
71 |
1 |
441 |
0 |
0 |
514 |
9.77 |
|
Sep-00 |
1,626 |
19 |
3 |
245 |
0 |
0 |
267 |
10.27 |
|
Oct-00 |
1,645 |
37 |
111 |
220 |
0 |
0 |
368 |
10.71 |
|
Nov-00 |
674 |
13 |
4 |
3,493 |
0 |
0 |
3,510 |
10.14 |
|
|
|
|
|
|
|
|
|
|
|
SMC: Secondary Market Cell of the Bank of Mauritius. |
|
1 Includes Bills sold Over The Counter (OTC). |
|
|
|
|
|
|
|
|
|
|
|
|
Table 19: Transactions on the Interbank Money Market |
|
|
|
|
|
|
|
|
|
|
|
|
Period |
Amount Transacted |
|
|
Daily |
Range of |
Interbank |
Bank |
|
|
|
|
|
Average1 |
Interbank |
W.A.I |
Rate3 |
|
|
Lowest |
Highest |
Total |
|
Rates |
Rate2 |
|
|
|
(Rs million) |
|
|
|
(Per cent) |
|
|
|
November 2000 |
|
|
|
|
|
|
|
|
1-2 November |
40 |
95 |
135 |
68 |
7.25-7.50 |
7.44 |
10.55 |
|
3-9 November |
40 |
125 |
493 |
70 |
7.00-7.50 |
7.40 |
10.81 |
|
10-16 November |
50 |
160 |
645 |
92 |
7.50-8.00 |
7.84 |
10.70 |
|
17-23 November |
115 |
201 |
931 |
133 |
8.00-8.50 |
8.35 |
10.59 |
|
24-30 November |
50 |
150 |
655 |
94 |
7.50-8.25 |
8.15 |
11.05 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Jun-99 |
10 |
230 |
2,385 |
80 |
9.00 - 10.75 |
9.96 |
12.61 |
|
Jul-99 |
15 |
272 |
2,881 |
120 |
9.00 - 10.50 |
9.90 |
12.69 |
|
Aug-99 |
35 |
520 |
4,810 |
172 |
8.00 - 15.00 |
11.31 |
12.74 |
|
Sep-99 |
10 |
120 |
1,223 |
53 |
9.00 - 10.00 |
9.56 |
12.72 |
|
Oct-99 |
15 |
185 |
2,067 |
86 |
9.00 - 9.50 |
9.46 |
12.69 |
|
Nov-99 |
5 |
130 |
680 |
36 |
9.00 - 9.50 |
9.47 |
12.60 |
|
Dec-99 |
85 |
500 |
6,285 |
273 |
9.00- 12.00 |
9.67 |
12.36 |
|
Jan-00 |
10 |
450 |
4,070 |
170 |
8.00 - 9.50 |
8.81 |
12.06 |
|
Feb-00 |
20 |
271 |
2,556 |
91 |
8.00-10.25 |
8.63 |
11.95 |
|
Mar-00 |
10 |
255 |
3,163 |
102 |
7.00-11.00 |
9.12 |
11.71 |
|
Apr-00 |
10 |
225 |
1,887 |
79 |
6.50 - 8.50 |
7.20 |
11.23 |
|
May-00 |
10 |
440 |
6,767 |
218 |
7.00-10.25 |
7.87 |
10.54 |
|
Jun-00 |
20 |
600 |
3,421 |
118 |
5.00-9.25 |
7.27 |
10.04 |
|
Jul-00 |
10 |
830 |
6,813 |
243 |
6.00-10.00 |
7.46 |
10.08 |
|
Aug-00 |
25 |
460 |
6,528 |
211 |
6.75-7.75 |
7.03 |
10.32 |
|
Sep-00 |
30 |
168 |
2,859 |
95 |
6.75-7.50 |
7.13 |
9.96 |
|
Oct-00 |
30 |
270 |
3,581 |
138 |
6.50-8.00 |
7.48 |
10.16 |
|
Nov-00 |
40 |
201 |
2,859 |
95 |
7.00-8.50 |
7.98 |
10.77 |
|
|
|
|
|
|
|
|
|
|
1 For transactions days only. |
|
|
|
2 Interbank Weighted Average Interest Rate. |
|
3 Simple Average for the month, actual for the week. |
|
|
|
|
|
Table 20: Maintenance of Cash Ratio by Commercial Banks |
|
|
|
|
|
|
Week |
Deposit |
Average |
Required |
Excess |
Average |
Ended |
Base1 |
Cash |
Minimum |
Cash |
Cash |
|
|
Balances |
Cash |
Holdings |
Ratios |
|
|
Held for |
Balances |
|
|
|
|
the Week |
5.5% of (1) |
(2) - (3) |
(2) / (1) |
|
(1) |
(2) |
(3) |
|
|
|
(Rs million) |
|
|
|
(Per cent) |
|
|
|
|
|
|
1-Jun-00 |
82,266 |
4,574 |
4,525 |
49 |
5.56 |
8-Jun-00 |
83,011 |
4,767 |
4,566 |
201 |
5.74 |
15-Jun-00 |
83,177 |
4,798 |
4,575 |
223 |
5.77 |
22-Jun-00 |
83,092 |
4,885 |
4,570 |
315 |
5.88 |
29-Jun-00 |
83,376 |
5,392 |
4,586 |
806 |
6.47 |
6-Jul-00 |
84,375 |
4,722 |
4,641 |
81 |
5.60 |
13-Jul-00 |
84,659 |
4,760 |
4,656 |
104 |
5.62 |
20-Jul-00 |
84,213 |
4,793 |
4,632 |
161 |
5.69 |
27-Jul-00 |
83,793 |
4,708 |
4,609 |
99 |
5.62 |
3-Aug-00 |
84,045 |
4,916 |
4,623 |
293 |
5.85 |
10-Aug-00 |
84,625 |
4,842 |
4,654 |
188 |
5.72 |
17-Aug-00 |
84,474 |
4,701 |
4,646 |
55 |
5.56 |
24-Aug-00 |
83,945 |
4,775 |
4,617 |
158 |
5.69 |
31-Aug-00 |
83,958 |
4,744 |
4,618 |
126 |
5.65 |
7-Sep-00 |
84,189 |
4,842 |
4,630 |
212 |
5.75 |
14-Sep-00 |
85,037 |
4,794 |
4,677 |
117 |
5.64 |
21-Sep-00 |
84,885 |
4,930 |
4,669 |
261 |
5.81 |
28-Sep-00 |
84,986 |
5,028 |
4,674 |
354 |
5.92 |
5-Oct-00 |
85,490 |
4,805 |
4,702 |
103 |
5.62 |
12-Oct-00 |
86,100 |
4,833 |
4,736 |
97 |
5.61 |
19-Oct-00 |
85,591 |
4,934 |
4,708 |
226 |
5.76 |
26-Oct-00 |
85,165 |
4,865 |
4,684 |
181 |
5.71 |
2-Nov-00 |
85,239 |
4,806 |
4,688 |
118 |
5.64 |
9-Nov-00 |
86,090 |
4,787 |
4,735 |
52 |
5.56 |
16-Nov-00 |
86,023 |
4,852 |
4,731 |
121 |
5.64 |
23-Nov-00 |
85,761 |
4,813 |
4,717 |
96 |
5.61 |
30-Nov-00 |
87,791 |
5,125 |
4,829 |
296 |
5.84 |
|
|
|
|
|
|
1 The deposit base is lagged by one week. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Table 21: Cheque Clearances |
|
|
|
|
|
|
|
|
|
|
Number |
Amount |
Number |
Daily Average |
|
|
of |
(Rs'000) |
of |
Number of |
Amount |
|
Cheques |
|
Days |
Cheques |
(Rs'000) |
|
|
|
|
|
|
Jun-99 |
509,750 |
16,232,569 |
22 |
23,170 |
737,844 |
Jul-99 |
495,177 |
15,739,859 |
22 |
22,508 |
715,448 |
Aug-99 |
480,139 |
15,581,240 |
22 |
21,825 |
708,238 |
Sep-99 |
472,563 |
15,461,758 |
21 |
22,503 |
736,274 |
Oct-99 |
468,248 |
16,345,344 |
21 |
22,298 |
778,350 |
Nov-99 |
500,028 |
18,358,375 |
21 |
23,811 |
874,208 |
Dec-99 |
518,646 |
23,056,303 |
22 |
23,575 |
1,048,014 |
Jan-00 |
430,643 |
16,531,009 |
19 |
22,665 |
870,053 |
Feb-00 |
445,012 |
17,369,396 |
21 |
21,191 |
827,114 |
Mar-00 |
500,745 |
19,005,807 |
23 |
21,772 |
826,339 |
Apr-00 |
448,771 |
16,051,942 |
19 |
23,620 |
844,839 |
May-00 |
492,338 |
18,238,238 |
22 |
22,379 |
829,011 |
Jun-00 |
497,217 |
21,225,888 |
22 |
22,601 |
964,813 |
Jul-00 |
469,428 |
17,643,100 |
21 |
22,354 |
840,148 |
Aug-00 |
490,246 |
17,173,780 |
22 |
22,284 |
780,626 |
Sep-00 |
428,957 |
15,781,900 |
19 |
22,577 |
830,626 |
Oct-00 |
485,482 |
19,433,796 |
21 |
23,118 |
925,419 |
Nov-00 |
499,490 |
21,719,136 |
22 |
22,704 |
987,233 |
Table 22: Principal Interest Rates |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(As on the last day of the month) |
|
(Per cent per annum) |
|
Jun-99 |
Sep-99 |
Oct-99 |
Nov-99 |
Dec-99 |
Mar-00 |
Apr-00 |
May-00 |
Jun-00 |
Jul-00 |
Aug-00 |
Sep-00 |
Oct-00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
I. LENDING |
|
|
|
|
|
|
|
|
|
|
|
|
|
Bank of Mauritius |
|
|
|
|
|
|
|
|
|
|
|
|
|
Lombard Rate |
|
|
|
|
14.00 |
13.00 |
13.00 |
13.00 |
11.50 |
11.50 |
11.50 |
12.00 |
12.00 |
Bank Rate |
12.66 |
12.68 |
12.67 |
12.51 |
11.92 |
11.08 |
10.98 |
10.60 |
10.65 |
10.52 |
10.14 |
10.01 |
10.55 |
Commercial Banks |
|
|
|
|
|
|
|
|
|
|
|
|
|
A: Prime Rate |
10.00-13.00 |
10.00-13.00 |
10.00-13.00 |
10.00-13.00 |
10.00-13.00 |
11.00-13.00 |
11.00-12.00 |
11.00-12.00 |
10.00-12.00 |
10.00-11.50 |
10.00-11.50 |
10.00-11.50 |
10.50-11.75 |
B: Sectoral Rates |
|
|
|
|
|
|
|
|
|
|
|
|
|
(i) Mauritius Sugar Syndicate |
12.00-13.50 |
12.00-13.50 |
12.00-13.50 |
12.00-13.50 |
12.00-13.50 |
11.00-13.50 |
11.00-12.50 |
11.00-12.50 |
9.50-12.50 |
9.50-13.00 |
9.50-12.00 |
9.50-12.00 |
10.00-11.50 |
(ii) Sugar Industry |
10.00-18.00 |
10.00-18.00 |
10.00-18.00 |
10.00-18.00 |
10.00-18.00 |
10.00-18.00 |
10.00-17.50 |
10.00-17.50 |
9.63-17.50 |
9.63-17.00 |
9.63-17.50 |
9.63-17.50 |
10.13-17.75 |
(iii) Other Agriculture |
11.25-19.50 |
11.25-19.50 |
11.25-18.50 |
11.25-18.50 |
11.25-18.50 |
11.25-18.50 |
11.25-18.50 |
11.25-18.50 |
10.00-18.50 |
10.00-18.25 |
10.00-18.50 |
10.00-18.50 |
10.50-18.75 |
(iv) EPZ |
10.00-20.00 |
10.00-20.00 |
10.00-20.00 |
10.00-20.00 |
10.00-18.50 |
10.00-18.50 |
10.00-18.50 |
10.00-18.50 |
10.00-18.50 |
10.00-19.50 |
10.00-17.00 |
10.00-18.00 |
10.00-18.75 |
(v) DC |
11.75-17.00 |
11.75-17.00 |
11.75-17.00 |
11.75-17.00 |
11.75-17.00 |
11.50-17.00 |
11.50-17.00 |
11.50-17.00 |
10.00-17.00 |
10.00-17.00 |
10.00-17.00 |
10.00-17.00 |
10.50-17.25 |
(vi) Small-scale Industries |
12.50-20.00 |
10.75-20.50 |
10.75-20.00 |
10.75-20.00 |
10.75-20.00 |
11.50-20.00 |
11.50-20.00 |
11.50-20.00 |
10.00-20.00 |
10.00-19.50 |
10.00-19.50 |
10.00-19.50 |
10.50-19.75 |
(vii) Transport |
11.00-19.50 |
11.00-19.50 |
11.00-19.50 |
11.00-19.50 |
11.00-19.50 |
11.00-19.50 |
11.00-19.50 |
11.00-19.50 |
11.00-19.50 |
11.00-19.50 |
11.00-19.50 |
11.00-19.50 |
11.50-19.75 |
(viii) Hotels |
12.50-18.50 |
12.50-18.50 |
12.50-18.50 |
12.50-18.50 |
12.50-18.50 |
11.50-18.00 |
11.50-18.00 |
11.50-18.00 |
11.00-18.00 |
10.00-19.50 |
10.00-18.00 |
10.75-18.00 |
11.25-18.00 |
(ix) Other Industries and Manufacturers |
10.75-20.50 |
10.75-19.50 |
10.75-19.50 |
10.75-19.50 |
10.75-19.50 |
10.75-19.50 |
10.75-19.50 |
10.75-19.50 |
10.00-19.50 |
10.00-19.50 |
10.00-19.00 |
10.00-19.00 |
10.50-19.25 |
(x) Statutory and Parastatal Bodies |
12.50-16.50 |
12.50-16.50 |
12.50-16.50 |
12.50-16.50 |
12.50-16.50 |
12.50-16.50 |
12.50-15.50 |
12.50-15.50 |
11.25-15.50 |
11.00-14.50 |
11.25-14.50 |
11.25-14.50 |
11.50-15.00 |
(xi) Housing |
12.00-20.50 |
12.00-20.50 |
12.00-20.50 |
12.00-20.50 |
12.00-20.50 |
11.50-19.50 |
11.50-20.50 |
11.50-20.50 |
10.00-20.50 |
10.00-20.00 |
10.00-20.00 |
10.00-20.00 |
10.50-20.75 |
(xii) Traders |
10.00-20.50 |
10.00-21.50 |
11.00-21.50 |
11.00-21.50 |
11.00-21.50 |
11.00-21.50 |
11.00-21.50 |
11.00-21.50 |
10.00-20.50 |
10.00-20.00 |
10.00-20.00 |
10.00-20.00 |
10.50-20.25 |
(xiii) Stock Brokers |
11.00-18.50 |
11.00-18.50 |
11.00-18.50 |
11.00-18.50 |
11.00-18.50 |
11.00-17.50 |
11.00-17.50 |
11.00-17.50 |
13.75-16.50 |
11.50-16.00 |
13.75-16.00 |
13.75-16.00 |
14.25-16.50 |
(xiv) Financial Institutions |
12.00-18.50 |
12.00-18.50 |
12.00-18.50 |
12.00-18.50 |
12.00-18.50 |
12.00-18.00 |
12.00-17.50 |
12.00-17.50 |
12.00-17.00 |
10.00-17.00 |
10.50-16.00 |
10.50-16.00 |
11.00-16.50 |
(xv) Personal and Professional |
10.00-24.00 |
10.00-24.00 |
10.00-24.00 |
10.00-24.00 |
10.00-24.00 |
10.00-24.00 |
10.00-24.00 |
10.00-24.00 |
10.00-20.50 |
10.00-20.00 |
10.00-20.00 |
10.00-22.00 |
10.50-22.50 |
(xvi) Other Customers |
10.00-20.50 |
10.00-20.50 |
10.00-20.50 |
10.00-20.50 |
10.00-20.50 |
10.00-20.50 |
10.00-20.50 |
10.00-20.50 |
10.00-20.50 |
10.00-20.00 |
10.00-20.00 |
10.00-20.00 |
10.50-20.25 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
II. DEPOSITS |
|
|
|
|
|
|
|
|
|
|
|
|
|
1. Savings |
9.00 |
9.00 |
9.00 |
9.00 |
9.00 |
8.00-9.00 |
8.00-8.50 |
8.00-8.50 |
6.50-8.50 |
6.50-7.00 |
6.50-7.00 |
6.50-7.00 |
7.00 |
2. Seven Days' Notice |
8.25-10.00 |
8.25-10.00 |
8.25-10.00 |
8.25-10.00 |
8.25-10.00 |
7.25-10.00 |
7.25-9.00 |
7.25-9.00 |
5.75-9.25 |
6.50-8.25 |
6.50-8.25 |
6.50-8.25 |
7.00-8.00 |
3. Fixed Deposits |
|
|
|
|
|
|
|
|
|
|
|
|
|
(i) Up to 3 months |
9.00-11.50 |
9.00-11.50 |
9.00-11.50 |
9.00-11.50 |
9.00-11.50 |
8.00-11.25 |
8.00-10.00 |
8.00-9.87 |
6.50-9.87 |
6.50-8.75 |
6.50-8.25 |
6.50-8.25 |
7.00-8.75 |
(ii) Exceeding 3 and up to 6 months |
9.00-11.25 |
9.00-12.00 |
9.00-12.00 |
9.00-11.50 |
9.00-11.80 |
8.13-11.25 |
8.13-10.00 |
8.13-11.00 |
6.50-9.75 |
6.50-9.50 |
6.50-8.50 |
6.50-8.50 |
7.00-9.00 |
(iii) Exceeding 6 and up to 12 months |
9.00-12.00 |
9.00-12.00 |
9.00-12.00 |
9.00-12.00 |
9.00-12.00 |
8.25-12.00 |
8.25-10.75 |
8.25-10.75 |
6.88-10.75 |
6.75-10.13 |
6.75-9.50 |
6.75-9.75 |
7.25-10.00 |
(iv) Exceeding 12 and up to 18 months |
9.50-12.00 |
9.50-12.00 |
9.50-12.00 |
9.50-12.00 |
9.50-12.00 |
8.38-12.00 |
8.38-10.50 |
8.38-10.50 |
7.50-10.00 |
7.00-9.25 |
7.00-9.75 |
7.00-10.00 |
7.50-10.13 |
(v) Exceeding 18 and up to 24 months |
9.38-11.50 |
9.38-11.50 |
9.38-12.00 |
9.38-12.00 |
9.38-12.00 |
8.38-12.00 |
8.38-10.50 |
8.38-10.50 |
7.50-10.50 |
7.00-10.00 |
7.00-10.00 |
7.00-10.00 |
7.50-10.25 |
(vi) Exceeding 24 and up to 36 months |
9.63-12.00 |
9.63-12.00 |
9.63-12.50 |
9.63-12.50 |
9.63-12.50 |
8.38-12.50 |
8.38-11.00 |
8.38-11.00 |
8.00-11.00 |
7.12-9.50 |
7.12-11.00 |
7.12-11.00 |
7.63-11.00 |
(vii) Exceeding 36 and up to 48 months |
9.63-12.00 |
9.75-12.00 |
9.63-12.50 |
9.63-12.50 |
9.63-12.50 |
8.38-12.50 |
8.38-11.25 |
8.38-11.25 |
8.00-11.25 |
7.25-10.50 |
7.25-10.50 |
7.25-11.00 |
7.75-11.00 |
(viii) Over 48 months |
9.75-11.25 |
9.75-11.25 |
9.75-11.25 |
9.75-11.25 |
9.75-11.25 |
9.75-11.75 |
8.75-10.00 |
8.75-10.00 |
8.75-10.00 |
9.00-9.50 |
9.00-11.00 |
9.00-11.00 |
9.25-10.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Note: The Lombard Rate was raised from 12.0% to 12.5% on 09-Nov-00. Commercial Banks adjusted their lending and deposit rates accordingly. |
|
|
Table 23: Other Interest Rates |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Per cent per annum) |
|
|
Weighted |
Weighted |
Simple |
Weighted |
Weighted |
Interest |
Interest |
Interest |
Weighted |
Weighted |
|
|
Average |
Yield |
Average |
Average |
Average |
Rate on |
Rate on |
Rate on |
Average |
Average |
|
|
Yield |
to Buyers |
Bank |
Interbank |
Rates on |
Savings |
Term |
Loans and |
Term |
Lending |
|
|
on Bills |
on Bills |
Rate |
Interest |
Bank of |
Deposits |
Deposits |
Advances |
Deposits |
Rate |
|
|
Accepted |
Sold |
|
Rates |
Mauritius |
with Banks |
with Banks |
by Banks |
Rate |
|
|
|
at Primary |
by SMC |
|
|
Advances |
|
|
|
|
|
|
|
Auctions |
|
|
|
to Banks |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dec-97 |
8.91 |
8.83 |
8.92 |
8.53 |
n.a. |
8.00 |
8.00 - 14.50 |
10.50 - 21.00 |
9.34 |
13.89 |
|
Mar-98 |
9.03 |
8.92 |
9.02 |
8.38 |
n.a. |
8.00 |
8.00 - 14.00 |
11.00 - 21.00 |
9.17 |
13.75 |
|
Jun-98 |
9.08 |
9.07 |
9.13 |
8.35 |
n.a. |
8.00 |
8.00 - 14.00 |
11.00 - 21.00 |
9.11 |
13.71 |
|
Sep-98 |
10.34 |
9.97 |
10.12 |
8.91 |
n.a. |
8.00 |
8.00 - 14.00 |
10.50 - 21.00 |
9.05 |
13.62 |
|
Dec-98 |
12.58 |
12.40 |
12.49 |
9.82 |
17.19 |
9.00 |
8.12 - 12.00 |
10.00 - 20.50 |
9.77 |
14.02 |
|
Jan-99 |
12.84 |
12.54 |
12.76 |
11.09 |
17.95 |
9.00 |
9.00 - 12.00 |
10.00 - 22.50 |
9.74 |
13.92 |
|
Feb-99 |
12.73 |
12.43 |
12.71 |
10.28 |
n.a. |
9.00 |
9.00 - 12.00 |
10.00 - 22.50 |
9.95 |
14.25 |
|
Mar-99 |
12.74 |
12.63 |
12.66 |
9.51 |
n.a. |
9.00 |
9.00 - 12.00 |
10.00 - 22.50 |
10.05 |
14.28 |
|
Apr-99 |
12.71 |
12.73 |
12.62 |
10.07 |
n.a. |
9.00 |
9.00 - 12.00 |
10.00 - 22.50 |
10.08 |
14.21 |
|
May-99 |
12.67 |
12.58 |
12.62 |
9.85 |
n.a. |
9.00 |
9.00 - 12.00 |
10.00 - 24.00 |
10.18 |
14.20 |
|
Jun-99 |
12.71 |
12.61 |
12.61 |
9.96 |
n.a. |
9.00 |
9.00 - 12.00 |
10.00 - 24.00 |
10.26 |
14.21 |
|
Jul-99 |
12.75 |
12.54 |
12.69 |
9.90 |
14.50 |
9.00 |
9.00 - 12.00 |
10.00 - 24.00 |
10.23 |
14.19 |
|
Aug-99 |
12.73 |
12.31 |
12.74 |
11.31 |
14.89 |
9.00 |
9.00 - 12.00 |
10.00 - 24.00 |
10.36 |
14.18 |
|
Sep-99 |
12.72 |
11.58 |
12.72 |
9.56 |
n.a. |
9.00 |
9.00 - 12.00 |
10.00 - 24.00 |
10.36 |
14.34 |
|
Oct-99 |
12.71 |
12.52 |
12.69 |
9.46 |
n.a. |
9.00 |
9.00 - 12.50 |
10.00 - 24.00 |
10.37 |
14.39 |
|
Nov-99 |
12.57 |
12.20 |
12.60 |
9.47 |
n.a. |
9.00 |
9.00 - 12.50 |
10.00 - 24.00 |
10.41 |
14.26 |
|
Dec-99 |
12.26 |
12.46 |
12.36 |
9.67 |
n.a. |
9.00 |
9.00 - 12.50 |
10.00 - 24.00 |
10.39 |
14.38 |
|
Jan-00 |
12.16 |
12.55 |
12.06 |
8.81 |
n.a. |
9.00 |
9.00 - 12.50 |
10.00 - 24.00 |
10.19 |
14.21 |
|
Feb-00 |
11.99 |
11.39 |
11.95 |
8.63 |
n.a. |
9.00 |
9.00 - 12.50 |
10.00 - 24.00 |
10.22 |
14.24 |
|
Mar-00 |
12.01 |
11.04 |
11.71 |
9.12 |
n.a. |
8.00 - 9.00 |
8.00 - 12.50 |
10.00 - 24.00 |
10.21 |
14.12 |
|
Apr-00 |
11.38 |
10.91 |
11.23 |
7.20 |
n.a. |
8.00 - 8.50 |
8.00 - 11.25 |
10.00 - 24.00 |
9.61 |
13.51 |
|
May-00 |
10.64 |
11.19 |
10.54 |
7.87 |
13.00 |
8.00 - 8.50 |
8.00 - 11.25 |
10.00 - 24.00 |
9.38 |
13.59 |
|
Jun-00 |
9.97 |
9.91 |
10.04 |
7.27 |
12.32 |
6.50 - 8.50 |
6.50 - 11.25 |
9.50 - 20.50 |
9.51 |
13.26 |
|
Jul-00 |
10.33 |
11.00 |
10.08 |
7.46 |
11.50 |
6.50 - 7.00 |
6.50 - 10.50 |
9.50 - 20.50 |
9.16 |
13.12 |
|
Aug-00 |
10.61 |
9.77 |
10.32 |
7.03 |
n.a. |
6.50 - 7.00 |
6.50 - 11.00 |
9.50 - 20.50 |
9.06 |
13.06 |
|
Sep-00 |
10.59 |
10.27 |
9.96 |
7.13 |
11.50 |
6.50 - 7.00 |
6.50 - 11.00 |
9.50 - 22.00 |
9.02 |
13.01 |
|
Oct-00 |
10.48 |
10.71 |
10.16 |
7.48 |
12.00 |
7.00 |
7.00 - 11.00 |
10.00 - 22.50 |
9.10 |
13.71 |
|
|
|
|
|
|
|
|
|
|
|
|
|
n.a.: Not applicable. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Table 24: Transactions on the Stock Exchange of Mauritius |
|
|
|
|
|
|
|
|
|
Official Market |
|
Period |
Number |
Average |
|
|
of |
SEM-71 |
SEMDEX |
Value of |
Volume of |
|
|
Sessions |
|
|
Transactions |
Transactions |
|
|
|
|
|
(Rs'000) |
('000) |
|
|
|
|
|
|
|
|
Jun-98 |
22 |
107.49 |
456.42 |
5,547 |
244 |
|
Sep-98 |
22 |
116.09 |
485.22 |
10,735 |
429 |
|
Dec-98 |
22 |
110.24 |
460.85 |
5,190 |
137 |
|
Jan-99 |
19 |
109.54 |
458.93 |
9,108 |
270 |
|
Feb-99 |
17 |
105.74 |
444.64 |
4,374 |
147 |
|
Mar-99 |
20 |
101.60 |
426.40 |
6,467 |
271 |
|
Apr-99 |
22 |
98.51 |
414.11 |
4,670 |
118 |
|
May-99 |
21 |
95.62 |
400.87 |
16,060 |
479 |
|
Jun-99 |
22 |
99.56 |
409.82 |
5,381 |
251 |
|
Jul-99 |
22 |
97.47 |
405.74 |
7,330 |
384 |
|
Aug-99 |
22 |
95.34 |
395.87 |
6,440 |
317 |
|
Sep-99 |
21 |
98.79 |
406.37 |
5,833 |
307 |
|
Oct-99 |
21 |
98.33 |
407.94 |
3,792 |
165 |
|
Nov-99 |
21 |
99.64 |
409.98 |
19,395 |
1,054 |
|
Dec-99 |
22 |
104.12 |
428.87 |
5,940 |
300 |
|
Jan-00 |
19 |
105.16 |
437.13 |
8,562 |
312 |
|
Feb-00 |
20 |
103.82 |
433.13 |
8,825 |
369 |
|
Mar-00 |
23 |
100.61 |
421.53 |
8,207 |
357 |
|
Apr-00 |
19 |
96.58 |
405.80 |
6,053 |
224 |
|
May-00 |
22 |
99.81 |
413.42 |
5,801 |
291 |
|
Jun-00 |
22 |
98.35 |
407.77 |
22,774 |
4,612 |
|
Jul-00 |
21 |
98.87 |
408.69 |
6,229 |
474 |
|
Aug-00 |
22 |
97.17 |
402.10 |
5,930 |
558 |
|
Sep-00 |
19 |
97.83 |
403.07 |
8,433 |
472 |
|
Oct-00 |
21 |
99.42 |
406.62 |
6,009 |
411 |
|
|
|
|
|
|
|
|
1 The SEM-7 started with an index value of 100 on 30 March 1998. |
|
|
Source: Stock Exchange of Mauritius. |
|
|
|
|
|
|
|
|
|
|
|
Table 25: Consumer Price Index1 and Inflation Rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Month |
1993 |
1994 |
1995 |
1996 |
1997 |
1998 |
1999 |
2000 |
|
|
|
|
|
|
|
|
|
|
|
January |
109.0 |
119.4 |
126.9 |
133.7 |
145.9 |
105.5 |
114.6 |
120.0 |
|
February |
110.2 |
119.9 |
127.4 |
134.3 |
145.9 |
106.0 |
114.9 |
120.6 |
|
March |
110.7 |
120.8 |
128.2 |
134.3 |
146.2 |
106.7 |
115.1 |
121.0 |
|
April |
111.1 |
121.0 |
128.8 |
134.9 |
146.1 |
107.4 |
115.6 |
120.9 |
|
May |
114.0 |
122.6 |
129.0 |
135.6 |
146.7 |
108.0 |
115.8 |
121.0 |
|
June |
114.7 |
123.2 |
129.8 |
139.6 |
147.9 |
109.6 |
117.4 |
121.0 |
|
July |
115.4 |
123.2 |
130.0 |
140.4 |
103.0 |
109.7 |
117.8 |
121.3 |
|
August |
116.3 |
123.8 |
131.4 |
141.7 |
103.3 |
110.0 |
118.3 |
121.7 |
|
September |
117.2 |
124.2 |
131.7 |
141.7 |
103.6 |
112.1 |
118.5 |
121.9 |
|
October |
117.3 |
124.2 |
132.4 |
142.3 |
103.5 |
112.7 |
118.5 |
124.6 |
|
November |
117.9 |
124.9 |
132.9 |
142.5 |
103.6 |
113.1 |
118.9 |
|
|
December |
118.5 |
125.6 |
133.1 |
142.9 |
103.9 |
113.4 |
119.6 |
|
|
|
|
|
|
|
|
|
|
|
|
Average |
114.4 |
122.7 |
130.1 |
138.7 |
147.8 |
109.5 |
117.1 |
|
|
|
|
|
|
|
|
|
|
|
|
Inflation Rate |
+10.5 |
+7.3 |
+6.0 |
+6.6 |
+6.6 |
+6.8 |
+6.9 |
+4.32 |
|
(Per Cent) |
|
|
|
|
|
|
|
|
|
1From July 1992 to June 1997, the base period was July 1991 - June 1992 = 100. A new base period (July 1996 to June 1997 = 100) |
|
has been introduced as from July 1997. |
|
|
|
|
|
|
|
2 Twelve-month running inflation rate for the period ended October 2000. |
|
|
|
|
|
Source: Central Statistical Office, Government of Mauritius. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Table 26: Net International Reserves |
|
|
|
|
|
|
|
|
|
|
|
|
Bank of |
Commercial |
Others1 |
Net |
Import |
|
|
Mauritius |
Banks Net |
|
International |
Coverage |
|
|
Foreign |
Foreign |
|
Reserves |
(No. of |
|
|
Assets |
Assets |
|
|
weeks)2 |
|
|
(Rs million) |
|
|
|
|
|
|
|
|
|
Oct-99 |
16,274 |
6,188 |
508 |
22,970 |
21.7 |
|
Nov-99 |
17,751 |
6,181 |
504 |
24,436 |
23.1 |
|
Dec-99 |
18,425 |
7,120 |
506 |
26,051 |
24.6 |
|
Jan-00 |
18,913 |
6,596 |
502 |
26,011 |
24.6 |
|
Feb-00 |
18,555 |
6,628 |
497 |
25,680 |
24.3 |
|
Mar-00 |
18,214 |
6,537 |
500 |
25,251 |
23.9 |
|
Apr-00 |
17,728 |
6,226 |
491 |
24,445 |
23.1 |
|
May-00 |
17,222 |
6,499 |
495 |
24,216 |
22.9 |
|
Jun-00 |
17,455 |
7,254 |
505 |
25,214 |
23.9 |
|
Jul-00 |
17,067 |
6,554 |
498 |
24,119 |
22.8 |
|
Aug-00 |
16,926 |
5,964 |
499 |
23,388 |
22.1 |
|
Sep-00 |
16,895 |
6,428 |
499 |
23,822 |
22.5 |
|
Oct-00 |
16,987 |
6,693 |
504 |
24,183 |
22.9 |
|
|
|
|
|
|
|
|
1 Includes Foreign Assets of the Government and the country's Reserve Position in the IMF. |
|
|
2 Based on the value of the import bill for fiscal year 1999-00, excluding the purchase of aircraft. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Table 27: Transactions on the Interbank Foreign Exchange Market |
|
|
|
|
|
|
|
|
|
|
|
Weekly |
Purchase of |
Purchase of |
Total Purchases |
|
Opening |
|
|
Position |
US$ against |
US$ against |
US$ |
Rupee |
Interbank |
|
|
(Transaction |
Rupee |
Other Foreign |
Equivalent |
Equivalent |
Min-Max |
|
|
days only) |
|
Currencies |
|
|
Ask Rate1 |
|
|
|
(US$ million) |
(US$ million) |
(US$ million) |
(Rs million) |
(Rs/US$) |
|
|
|
|
|
|
|
|
|
|
November 2000 |
|
|
|
|
|
|
|
Week I |
0.00 |
0.00 |
0.00 |
0.00 |
27.3200 - 27.3525 |
|
|
Week II |
0.00 |
0.00 |
0.00 |
0.00 |
27.3525 - 27.4525 |
|
|
Week III |
0.00 |
0.01 |
0.01 |
0.25 |
27.4650 - 27.5700 |
|
|
Week IV |
0.00 |
1.28 |
1.28 |
35.51 |
27.6000 - 27.8125 |
|
|
Week V |
0.00 |
0.35 |
0.35 |
9.67 |
27.8125 - 27.8875 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nov-99 |
4.80 |
0.53 |
5.33 |
134.49 |
25.3025 - 25.3800 |
|
|
Dec-99 |
5.40 |
2.37 |
7.79 |
198.08 |
25.3800 - 25.4300 |
|
|
Jan-00 |
3.60 |
5.89 |
9.49 |
241.46 |
25.4000 - 25.5375 |
|
|
Feb-00 |
0.00 |
1.14 |
1.19 |
30.41 |
25.4875 - 25.6075 |
|
|
Mar-00 |
1.40 |
0.19 |
1.59 |
40.71 |
25.5325 - 25.6150 |
|
|
Apr-00 |
0.60 |
0.63 |
1.23 |
31.46 |
25.5300 - 25.6500 |
|
|
May-00 |
0.00 |
1.95 |
1.95 |
50.15 |
25.6425 - 25.9000 |
|
|
Jun-00 |
0.00 |
0.004 |
0.004 |
0.11 |
25.8500 - 26.0625 |
|
|
Jul-00 |
2.60 |
0.27 |
2.87 |
75.01 |
26.0650 - 26.1525 |
|
|
Aug-00 |
0.00 |
1.35 |
1.35 |
35.45 |
26.1050 - 26.2675 |
|
|
Sep-00 |
0.00 |
1.15 |
1.15 |
30.19 |
26.2725 - 26.3375 |
|
|
Oct-00 |
0.00 |
0.002 |
0.002 |
0.06 |
26.3400 - 27.3200 |
|
|
Nov-00 |
0.00 |
1.640 |
1.640 |
45.43 |
27.3200 - 27.8875 |
|
|
|
|
|
|
|
|
|
|
1 With effect from 23-Oct-00, the Rs/US$ ask rate is based on the average of daily wholesale Rs/US$ ask rates of four major commercial banks. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Table 28: Bank of Mauritius - Intervention and Related Transactions on the |
|
|
Interbank Foreign Exchange Market |
|
|
|
|
|
|
|
|
|
|
|
|
|
Period |
Sale of |
Range of |
Purchase |
Range of |
Purchase |
Range of |
|
|
US dollar |
Intervention |
of US$ dollar |
Intervention |
of euro |
Intervention |
|
|
(US$ Mn) |
(Rs/US$ Ask Rate) |
(US$ Mn) |
(Rs/US$ Bid Rate) |
(EUR Mn) |
(Rs/EUR Bid Rate) |
|
|
|
|
|
|
|
|
|
Dec-99 |
- |
- |
4.3 |
25.41 - 25.44 |
- |
- |
|
Jan-00 |
- |
- |
0.2 |
25.41 |
- |
- |
|
Feb-00 |
11.7 |
25.51 |
- |
- |
- |
- |
|
Mar-00 |
7.2 |
25.51-25.52 |
- |
- |
- |
- |
|
Apr-00 |
12.0 |
25.53-25.60 |
- |
- |
- |
- |
|
May-00 |
23.0 |
25.60-25.83 |
- |
- |
- |
- |
|
Jun-00 |
15.5 |
25.90-25.98 |
- |
- |
- |
- |
|
Jul-00 |
7.1 |
26.00-26.03 |
- |
- |
- |
- |
|
Aug-00 |
16.9 |
26.00-26.15 |
- |
- |
- |
- |
|
Sep-00 |
14.1 |
26.18-26.32 |
- |
- |
- |
- |
|
Oct-00 |
10.9 |
26.35-26.83 |
- |
- |
- |
- |
|
Nov-00 |
28.0 |
26.90-27.70 |
- |
- |
- |
- |
|
Table 29 : Exchange Rate of the Rupee (End of Period) |
|
|
|
|
|
|
|
|
Indicative |
Mar-00 |
Apr-00 |
May-00 |
Jun-00 |
Jul-00 |
Aug-00 |
Sep-00 |
Oct-00 |
Nov-00 |
Selling Rates |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Australian dollar |
15.700 |
15.300 |
15.070 |
15.750 |
15.430 |
15.250 |
14.510 |
14.180 |
14.640 |
Belgian franc(100) |
61.401 |
58.378 |
60.270 |
62.032 |
60.658 |
58.807 |
58.217 |
57.185 |
59.643 |
French franc |
3.776 |
3.590 |
3.706 |
3.815 |
3.712 |
3.613 |
3.572 |
3.517 |
3.666 |
Deutsche mark |
12.663 |
12.040 |
12.430 |
12.794 |
12.449 |
12.115 |
11.980 |
11.796 |
12.293 |
Hongkong dollar |
3.360 |
3.360 |
3.390 |
3.410 |
3.420 |
3.440 |
3.572 |
3.550 |
3.620 |
Indian rupee(100) |
60.000 |
60.000 |
60.000 |
60.000 |
60.000 |
59.000 |
59.000 |
60.000 |
61.000 |
Italian lira(1000) |
12.792 |
12.207 |
12.556 |
12.923 |
12.574 |
12.237 |
12.101 |
11.915 |
12.396 |
Japanese yen(100) |
24.510 |
24.330 |
24.610 |
24.970 |
24.160 |
24.960 |
24.730 |
25.260 |
25.280 |
Kenya shilling(100) |
34.910 |
35.020 |
34.520 |
34.310 |
35.950 |
34.650 |
34.100 |
35.050 |
35.840 |
New Zealand dollar |
12.820 |
12.680 |
12.030 |
12.340 |
12.040 |
11.450 |
10.840 |
10.950 |
11.350 |
Singapore dollar |
15.200 |
15.350 |
15.270 |
15.380 |
15.410 |
15.590 |
15.470 |
15.790 |
16.100 |
South African rand |
3.980 |
3.840 |
3.780 |
3.900 |
3.840 |
3.860 |
3.690 |
3.670 |
3.640 |
Swiss franc |
15.550 |
14.970 |
15.490 |
16.070 |
15.730 |
15.340 |
15.380 |
15.190 |
15.940 |
US dollar |
25.802 |
25.842 |
26.098 |
26.263 |
26.361 |
26.490 |
26.582 |
27.435 |
27.981 |
Pound sterling |
41.105 |
40.605 |
39.079 |
39.834 |
39.625 |
38.537 |
38.878 |
39.794 |
39.787 |
Euro1 |
24.769 |
23.549 |
24.311 |
25.024 |
24.348 |
23.696 |
23.431 |
23.069 |
24.043 |
|
|
|
|
|
|
|
|
|
|
1 Effective 1 January 1999, the euro (EUR) was introduced replacing its precursor, the ECU, on a one-to-one basis. |
|
|
|
Note: With effect from October 1998, the end-of-period exchange rate of the rupee is based on the average end-of-period selling |
rates for T.T.& D.D. of all commercial banks. |
|
Table 30 : Exchange Rate of the Rupee (Period Average) |
|
|
|
|
|
|
|
Indicative |
Mar-00 |
Apr-00 |
May-00 |
Jun-00 |
Jul-00 |
Aug-00 |
Sep-00 |
Oct-00 |
Nov-00 |
Selling Rates |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Australian dollar |
15.773 |
15.445 |
15.079 |
15.597 |
15.547 |
15.416 |
14.757 |
14.279 |
14.510 |
Belgian franc(100) |
61.747 |
60.581 |
58.428 |
61.644 |
61.398 |
59.341 |
57.607 |
57.234 |
58.727 |
French franc |
3.796 |
3.726 |
3.593 |
3.789 |
3.775 |
3.649 |
3.530 |
3.517 |
3.611 |
Deutsche mark |
12.733 |
12.495 |
12.050 |
12.713 |
12.660 |
12.236 |
11.840 |
11.317 |
12.112 |
Hongkong dollar |
3.354 |
3.353 |
3.376 |
3.404 |
3.417 |
3.426 |
3.446 |
3.491 |
3.589 |
Indian rupee(100) |
60.000 |
60.000 |
60.000 |
60.000 |
60.000 |
59.091 |
59.000 |
59.333 |
60.273 |
Italian lira(1000) |
12.862 |
12.623 |
12.163 |
12.789 |
12.763 |
12.360 |
11.960 |
11.912 |
12.228 |
Japanese yen(100) |
24.251 |
24.529 |
24.089 |
24.732 |
24.466 |
24.512 |
24.929 |
24.914 |
25.505 |
Kenya shilling(100) |
37.287 |
35.209 |
34.702 |
34.271 |
34.857 |
35.054 |
34.441 |
34.440 |
35.581 |
New Zealand dollar |
12.695 |
12.837 |
12.258 |
12.337 |
12.175 |
11.825 |
11.122 |
10.830 |
11.092 |
Singapore dollar |
15.229 |
15.294 |
15.225 |
15.359 |
15.318 |
15.543 |
15.471 |
15.559 |
16.028 |
South African rand |
4.048 |
3.940 |
3.748 |
3.836 |
3.874 |
3.845 |
3.757 |
3.659 |
3.650 |
Swiss franc |
15.517 |
15.489 |
15.140 |
15.934 |
15.969 |
15.435 |
15.140 |
15.250 |
15.580 |
US dollar |
25.792 |
25.803 |
25.980 |
26.194 |
26.320 |
26.402 |
26.541 |
26.937 |
27.688 |
Pound sterling |
40.730 |
40.807 |
39.181 |
39.507 |
39.689 |
39.301 |
38.096 |
39.126 |
39.499 |
Euro1 |
24.903 |
24.437 |
23.569 |
24.866 |
24.761 |
23.933 |
23.158 |
23.066 |
23.689 |
|
|
|
|
|
|
|
|
|
|
1 Effective 1 January 1999, the euro (EUR) was introduced replacing its precursor, the ECU, on a one-to-one basis. |
|
|
|
Note: With effect from October 1998, the daily average exchange rate of the rupee is based on the average selling rates |
for T.T.& D.D. of all commercial banks. |
|
Table 31: Exchange Rate of the Rupee vis-à-vis Major Trading Partner Currencies |
|
|
|
|
|
|
|
Indicative |
Average for |
Average for |
Appreciation/ |
|
Selling Rates |
12 Months |
12 Months |
(Depreciation) |
|
|
ended Nov-99 |
ended Nov-00 |
of Rupee |
|
|
[1] |
[2] |
Between [1] & [2] |
|
|
|
|
Per Cent |
|
|
|
|
|
|
Australian dollar |
16.1976 |
15.4935 |
4.5 |
|
|
|
Belgian franc (100) |
67.1244 |
60.6950 |
10.6 |
|
|
|
French franc |
4.1600 |
3.7310 |
11.5 |
|
|
|
Deutsche mark |
13.9516 |
12.5136 |
11.5 |
|
|
|
Hong Kong dollar |
3.3010 |
3.4071 |
(3.1) |
|
|
|
Indian rupee (100) |
59.6600 |
59.8142 |
(0.3) |
|
|
|
Italian lira (1000) |
14.0898 |
12.6322 |
11.5 |
|
|
|
Japanese yen (100) |
22.1038 |
24.5840 |
(10.1) |
|
|
|
Kenya shilling (100) |
37.1284 |
35.2803 |
5.2 |
|
|
|
New Zealand dollar |
13.4526 |
12.1771 |
10.5 |
|
|
|
Singapore dollar |
15.1321 |
15.4464 |
(2.0) |
|
|
|
South African rand |
4.2098 |
3.9113 |
7.6 |
|
|
|
Swiss franc |
17.0548 |
15.6305 |
9.1 |
|
|
|
US dollar |
25.2872 |
26.2251 |
(3.6) |
|
|
|
Pound sterling |
40.9869 |
40.0310 |
2.4 |
|
|
|
Euro1 |
27.2999 |
24.4748 |
11.5 |
|
|
|
|
|
|
1 Effective 1 January 1999, the euro (EUR) was introduced replacing its precursor, the ECU, on a one-to-one basis. |
|
Notes: |
|
(i) [1] is calculated on the basis of the monthly average exchange rates for the period December 1998 to November 1999. |
|
[2] is calculated on the basis of the monthly average exchange rates for the period December 1999 to November 2000. |
|
(ii) With effect from October 1998, the daily average exchange rate of the Rupee is based on the average selling rates |
|
for T.T.& D.D. of all commercial banks. |
|
(iii) The appreciation/depreciation of the Rupee is calculated as follows: |
|
(Previous period exchange rate - Current period exchange rate) ÷ Current period exchange rate. |
Table 32: Exchange Rates of Selected Currencies vis-à-vis the Euro (Period Average) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Appreciation/(Depreciation) |
|
|
|
|
|
|
|
January 1999 |
November 2000 |
of Selected Currencies |
|
|
|
|
|
|
|
[1] |
[2] |
between [1] & [2] |
|
|
|
|
|
|
|
|
|
(Per cent) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Hong Kong dollar |
8.9689 |
6.6666 |
34.5 |
|
|
|
|
|
|
Indonesian rupiah |
9961.02 |
7969.82 |
25.0 |
|
|
|
|
|
|
Korean won |
1358.76 |
987.24 |
37.6 |
|
|
|
|
|
|
Mauritian rupee |
28.987 |
23.689 |
22.4 |
|
|
|
|
|
|
Philippines peso |
44.395 |
42.535 |
4.4 |
|
|
|
|
|
|
Singapore dollar |
1.9453 |
1.4929 |
30.3 |
|
|
|
|
|
|
South African rand |
6.9690 |
6.5612 |
6.2 |
|
|
|
|
|
|
Taiwan dollar |
37.333 |
27.715 |
34.7 |
|
|
|
|
|
|
Thailand baht |
42.3655 |
37.3595 |
13.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Note: The daily average exchange rate of the rupee against the euro is based on the average selling rates of all commercial banks |
|
|
|
|
while the daily exchange rates of the other selected currencies against the euro are derived from Reuters. |
|
|
|
|
|
|
Table 34: Inward and Outward Remittances of Foreign Currencies |
|
|
|
(Rs million) |
|
|
Inward |
Outward |
Net Inward / |
|
|
Remittances |
Remittances |
Outward (-) |
|
|
|
|
Remittances |
|
|
(1) |
(2) |
(1) - (2) |
|
|
|
|
|
|
Oct-99 |
5,411 |
6,855 |
-1,444 |
|
Nov-99 |
5,693 |
6,229 |
-536 |
|
Dec-99 |
6,205 |
6,151 |
54 |
|
Jan-00 |
5,185 |
5,719 |
-534 |
|
Feb-00 |
5,248 |
5,500 |
-252 |
|
Mar-00 |
5,792 |
6,841 |
-1,049 |
|
Apr-00 |
4,957 |
5,780 |
-823 |
|
May-00 |
5,500 |
7,151 |
-1,651 |
|
Jun-00 |
5,668 |
6,854 |
-1,186 |
|
Jul-00 |
5,920 |
6,319 |
-399 |
|
Aug-00 |
5,580 |
7,051 |
-1,471 |
|
Sep-00 |
5,593 |
6,723 |
-1,130 |
|
Oct-00 |
5,982 |
6,883 |
-901 |
|
Table 35: Foreign Direct Investment in Mauritius by Sector, 1990 - 1999 |
|
|
|
|
|
|
|
|
|
|
|
|
|
(Rs million) |
|
|
|
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
1996 |
1997 |
1998 |
1999 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Export Processing Zone |
270 |
130 |
203 |
92 |
41 |
245 |
51 |
0 |
27 |
300 |
|
Tourism |
152 |
68 |
8 |
152 |
129 |
70 |
35 |
20 |
75 |
27 |
|
Banking |
0 |
51 |
3 |
0 |
0 |
0 |
55 |
1122 |
117 |
215 |
|
Other |
187 |
48 |
16 |
27 |
190 |
10 |
517 |
22 |
73 |
701 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
609 |
297 |
230 |
271 |
360 |
325 |
658 |
1164 |
292 |
1243 |
Table 36: Direct Investment Abroad by Sector, 1990 - 1999 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Rs million) |
|
|
|
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
1996 |
1997 |
1998 |
1999 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Tourism |
- |
165 |
- |
- |
- |
- |
3 |
- |
30 |
8 |
|
Banking |
- |
- |
613 |
443 |
- |
- |
- |
- |
114 |
68 |
|
Manufacturing |
5 |
5 |
- |
15 |
9 |
14 |
24 |
13 |
25 |
10 |
|
Other |
3 |
- |
61 |
129 |
10 |
49 |
21 |
54 |
160 |
76 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
8 |
170 |
674 |
587 |
19 |
63 |
48 |
67 |
329 |
162 |
Table 37: Consolidated Assets and Liabilities of Offshore Banks |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(End of Period) |
(US dollars million) |
|
|
|
Dec-97 |
Jun-98 |
Dec-98 |
Jun-99 |
Sep-99 |
Dec-99 |
Mar-00 |
Apr-00 |
May-00 |
Jun-00 |
Jul-00 |
Aug-00 |
Sep-00 |
Oct-00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ASSETS EMPLOYED |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash in Hand and Balances with Banks |
|
654.3 |
727.9 |
1,249.9 |
1,623.2 |
1,655.1 |
2,127.3 |
2,195.8 |
1,816.5 |
1,902.1 |
2,327.1 |
2,574.2 |
2,462.0 |
2,383.9 |
2,311.1 |
Investments in Bonds and Other Securities |
|
34.8 |
58.5 |
56.2 |
103.8 |
109.6 |
92.4 |
109.3 |
158.9 |
162.6 |
162.7 |
175.3 |
172.0 |
172.5 |
156.0 |
Loans and Advances to Non-bank Customers |
|
214.7 |
226.2 |
460.4 |
830.0 |
803.0 |
879.1 |
983.8 |
1,017.1 |
1,031.5 |
1,007.0 |
991.3 |
995.5 |
1,008.5 |
1,284.2 |
Bills Purchased and Discounted |
|
3.5 |
3.3 |
2.2 |
3.7 |
4.4 |
4.4 |
6.7 |
5.5 |
5.9 |
6.0 |
5.6 |
7.4 |
7.8 |
8.0 |
Other Assets |
|
6.5 |
6.3 |
12.0 |
12.3 |
17.4 |
17.9 |
26.3 |
24.9 |
31.0 |
31.0 |
30.5 |
28.9 |
33.8 |
25.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
[A] |
913.8 |
1,022.2 |
1,780.7 |
2,573.0 |
2,589.5 |
3,121.1 |
3,321.9 |
3,022.9 |
3,133.1 |
3,533.8 |
3,776.9 |
3,665.8 |
3,606.5 |
3,784.8 |
Less : |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deposits of Non-bank Customers |
|
669.4 |
651.0 |
882.9 |
1,090.9 |
1,131.9 |
1,334.3 |
1,452.0 |
1,284.1 |
1,358.4 |
1,504.6 |
1,729.0 |
1,604.6 |
1,546.3 |
1,598.7 |
Amounts due to Banks |
|
190.3 |
158.9 |
568.8 |
1,067.6 |
1,007.3 |
1,287.7 |
1,235.0 |
1,105.1 |
1,138.7 |
1,378.5 |
1,397.7 |
1,400.1 |
1,398.7 |
1,522.3 |
Other Liabilities |
|
15.6 |
20.9 |
42.2 |
47.1 |
54.6 |
72.9 |
53.2 |
60.8 |
73.5 |
76.0 |
88.8 |
100.5 |
119.2 |
141.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
[B] |
875.3 |
830.8 |
1,493.9 |
2,205.6 |
2,193.8 |
2,694.9 |
2,740.2 |
2,450.0 |
2,570.6 |
2,959.1 |
3,215.5 |
3,105.2 |
3,064.2 |
3,262.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Excess of Assets over Liabilities |
[A]-[B] |
38.5 |
191.4 |
286.8 |
367.4 |
395.7 |
426.2 |
581.7 |
572.9 |
562.5 |
574.7 |
561.4 |
560.6 |
542.3 |
522.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FINANCED BY : |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Capital and Reserves |
|
38.5 |
191.4 |
286.8 |
367.4 |
395.7 |
426.2 |
581.7 |
572.9 |
562.5 |
574.7 |
561.4 |
560.6 |
542.3 |
522.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Off-Balance Sheet Items |
|
110.4 |
166.9 |
155.9 |
307.0 |
311.0 |
282.9 |
362.3 |
433.9 |
450.5 |
401.3 |
359.4 |
349.5 |
410.1 |
280.6 |
Table 38: Electronic Banking Transactions |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Oct-98 |
Nov-98 |
Jan-99 |
Feb-99 |
Jun-99 |
Jul-99 |
Aug-99 |
Sep-99 |
Oct-99 |
Nov-99 |
Dec-99 |
Jan-00 |
Feb-00 |
Mar-00 |
Apr-00 |
May-00 |
Jun-00 |
Apr-00 |
May-00 |
Sep-00 |
Oct-00 |
|
|
As at end of Month No of ATMs in operation |
190 |
190 |
197 |
197 |
196 |
196 |
199 |
196 |
201 |
202 |
206 |
208 |
208 |
208 |
217 |
217 |
221 |
217 |
217 |
228 |
230 |
|
|
During the Month |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
No of transactions : |
1,199,803 |
1,276,787 |
1,156,177 |
1,060,038 |
1,240,692 |
1,305,626 |
1,411,797 |
1,393,973 |
1,359,388 |
1,522,994 |
1,709,744 |
1,316,624 |
1,353,038 |
1,441,590 |
1,339,535 |
1,562,009 |
1,415,979 |
1,339,535 |
1,562,009 |
1,390,368 |
1,655,273 |
|
|
Value of transactions : (Rs mn) (Involving the use of credit cards, debit cards, ATMs, Merchant Points of Sale) |
1,770 |
1,976 |
1,759 |
1,597 |
1,805 |
1,872 |
2,088 |
2,025 |
2,034 |
2,393 |
3,082 |
2,134 |
2,110 |
2,187 |
2,045 |
2,340 |
1,998 |
2,045 |
2,340 |
2,042 |
2,582 |
|
|
As at end of Month No of Cardholders |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Credit Cards |
98,461 |
100,179 |
101,678 |
102,089 |
105,284 |
106,388 |
107,796 |
108,822 |
109,737 |
111,367 |
112,120 |
112,468 |
113,907 |
114,154 |
116,237 |
117,070 |
118,198 |
116,237 |
117,070 |
120,657 |
123,141 |
|
|
Debit Cards and Others |
412,499 |
413,977 |
419,776 |
420,067 |
438,866 |
444,677 |
449,292 |
482,422 |
459,930 |
464,109 |
468,272 |
472,179 |
476,674 |
481,461 |
486,311 |
489,838 |
492,651 |
486,311 |
489,838 |
505,991 |
509,500 |
|
|
Total |
510,960 |
514,156 |
521,454 |
522,156 |
544,150 |
551,065 |
557,088 |
591,244 |
569,667 |
575,476 |
580,392 |
584,647 |
590,581 |
595,615 |
602,548 |
606,908 |
610,849 |
602,548 |
606,908 |
626,648 |
632,641 |
|
|
As at end of Month |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding advances on Credit Cards (Rs mn) |
Rs 436.9 m |
Rs 437.0 m |
Rs 430.9 m |
Rs 440.4 m |
451.9 |
Rs 461.3 m |
Rs 479.8 m |
488.6 |
Rs 488.0 m |
Rs 519.4 m |
538.9 |
Rs 505.8 m |
Rs 551.8 m |
527.9 |
Rs 546.8 m |
Rs 542.8 m |
536.3 |
Rs 546.8 m |
Rs 542.8 m |
547.1 |
568.4 |
|
|
LIST OF AUTHORISED BANKS, NON-BANK DEPOSIT-TAKING INSTITUTIONS, MONEY-CHANGERS AND FOREIGN EXCHANGE DEALERS
The following is an official list of domestic and offshore banks licensed to transact banking business or offshore banking, institutions other than banks which are authorised to transact deposit-taking business and authorised money-changers and foreign exchange dealers in Mauritius and Rodrigues as at 30 November 2000.
Domestic Banks
1. Bank of Baroda
2. Banque Nationale de Paris Intercontinentale
3. Barclays Bank PLC
4. Habib Bank Limited
5. Indian Ocean International Bank Limited
6. South East Asian Bank Ltd
7. State Bank of Mauritius Ltd
8. The Delphis Bank Limited
9. The Hongkong and Shanghai Banking Corporation Limited
10. The Mauritius Commercial Bank Ltd
Offshore Banks
1. African Asian Bank Limited
2. Bank of Baroda
3. Banque Internationale des Mascareignes Ltée
4. Banque Nationale de Paris Intercontinentale
5. Barclays Bank PLC
6. Deutsche Bank (Mauritius) Limited
7. Investec Bank (Mauritius) Limited
8. P.T Bank Internasional Indonesia
9. SBI International (Mauritius) Ltd.
10. SBM Nedbank International Limited
11. The Hongkong and Shanghai Banking Corporation Limited
Non-Bank Financial Institutions Authorised to Transact Deposit-taking Business
1. B.N.P.I Leasing Company Ltd
2. Finlease Company Limited
3. General Leasing Co. Ltd
4. Island Leasing Co Ltd
5. Mauritius Leasing Company Ltd
6. MUA Leasing Company Ltd
7. Sicom Financial Services Ltd.
8. SBM Lease Limited
9. The Mauritius Civil Service Mutual Aid Association Ltd.
Money-Changers (Bureaux de Change)
1. Direct-Plus Ltd
2. MPC Holidays Ltd
3. Novleen Enterprise Co. Ltd
4. Shibani Finance Co. Ltd.
5. San Vinson Co. Ltd
Foreign Exchange Dealers
1. British American Mortgage Finance House Co. Ltd
2. Rogers Investment Finance Ltd
3. TC (Mauritius) Operations Co. Ltd