| Table 15: Bank Rate and Weighted Average Yields on Treasury Bills | ||||||||
| (per cent per annum) | ||||||||
| Auctions held on | ||||||||
| 2-Jun-00 | 9-Jun-00 | 16-Jun-00 | 23-Jun-00 | 30-Jun-00 | ||||
| 1. | Weighted Yield on: | |||||||
| 91-day | 9.81 | 9.79 | 8.63 | 8.38 | 9.28 | |||
| 182-day | 11.00 | 10.99 | 9.94 | 9.46 | 9.47 | |||
| 364-day | 11.56 | 11.52 | 10.39 | 10.11 | 10.93 | |||
| 728-day | 11.88 | - | 11.87 | 10.93 | 11.53 | |||
| 2. | Overall Weighted Average Yield | 10.57 | 10.56 | 9.48 | 9.60 | 10.73 | ||
| 3. | Bank Rate 1 | 10.55 | 10.56 | 9.41 | 9.46 | 10.65 | ||
| 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 . | ||||||||