| Table 15: Bank Rate and Weighted Average Yields on Treasury Bills | ||||||||
| (per cent per annum) | ||||||||
| Auctions held on | ||||||||
| 7-Apr-00 | 14-Apr-00 | 21-Apr-00 | 28-Apr-00 | |||||
| 1. | Weighted Yield on: | |||||||
| 91-day | 11.09 | 10.90 | 10.60 | 10.27 | ||||
| 182-day | 11.33 | 11.04 | 11.00 | 10.96 | ||||
| 364-day | 11.62 | 11.64 | 11.60 | 11.62 | ||||
| 728-day | 11.94 | 11.98 | 11.97 | 11.98 | ||||
| 2. | Overall Weighted Average Yield | 11.37 | 11.60 | 11.42 | 11.10 | |||
| 3. | Bank Rate 1 | 11.35 | 11.35 | 11.24 | 10.98 | |||
| Bank 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 . | ||||||||