Table 22: Principal Interest Rates
										(As on the last day of the month)				(Per cent per annum)
	Jun-99	Sep-99	Dec-99	Mar-00	Jun-00	Jul-00	Aug-00	Sep-00	Oct-00	Nov-00	Dec-00	Jan-01	Feb-01	Mar-01	Apr-01
I. LENDING
Bank of Mauritius
Lombard Rate			14.00	13.00	11.50	11.50	11.50	12.00	12.00	12.50	12.50	12.50	12.50	12.50	12.50
Bank Rate	12.66	12.68	11.92	11.08	10.65	10.52	10.14	10.01	10.55	11.05	11.07	10.98	11.29	11.24	11.65
Commercial Banks
A:   Prime Rate	10.00-13.00	10.00-13.00	10.00-13.00	11.00-13.00	10.00-12.00	10.00-11.50	10.00-11.50	10.00-11.50	10.50-11.75	11.00-12.25	11.00-12.25	11.00-12.25	11.00-12.25	11.00-12.25	11.00-12.25
B:   Sectoral Rates
(i)     Mauritius Sugar Syndicate	12.00-13.50	12.00-13.50	12.00-13.50	11.00-13.50	9.50-12.50	9.50-13.00	9.50-12.00	9.50-12.00	10.00-11.50	10.50-12.00	10.50-12.00	10.50-12.00	10.50-12.00	10.50-12.00	10.50-12.00
(ii)    Sugar Industry	10.00-18.00	10.00-18.00	10.00-18.00	10.00-18.00	9.63-17.50	9.63-17.00	9.63-17.50	9.63-17.50	10.13-17.75	10.50-18.25	10.50-18.25	10.50-18.25	10.63-18.25	10.63-17.50	10.63-17.50
(iii)   Other Agriculture	11.25-19.50	11.25-19.50	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	11.00-19.50	11.00-19.50	11.00-19.50	11.00-19.50	11.00-19.50	11.00-19.50
(iv)   EPZ	10.00-20.00	10.00-20.00	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	10.00-19.25	10.00-17.75	10.00-17.75	10.00-17.75	10.00-18.50	10.00-18.50
(v)    DC	11.75-17.00	11.75-17.00	11.75-17.00	11.50-17.00	10.00-17.00	10.00-17.00	10.00-17.00	10.00-17.00	10.50-17.25	11.00-17.25	11.00-17.75	11.00-17.75	11.00-17.75	11.00-17.00	11.00-17.00
(vi)   Small-scale Industries	12.50-20.00	10.75-20.50	10.75-20.00	11.50-20.00	10.00-20.00	10.00-19.50	10.00-19.50	10.00-19.50	10.50-19.75	11.00-20.25	11.00-20.25	11.00-20.25	11.00-20.25	11.00-20.00	11.00-20.00
(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	11.50-19.75	11.50-20.25	11.50-20.25	11.50-20.25	11.50-20.25	11.50-19.50	11.50-19.50
(viii)  Hotels	12.50-18.50	12.50-18.50	12.50-18.50	11.50-18.00	11.00-18.00	10.00-19.50	10.00-18.00	10.75-18.00	11.25-18.00	11.25-18.00	11.00-18.00	11.00-18.00	11.00-18.00	11.00-18.00	11.00-18.00
(ix)   Other Industries and Manufacturers	10.75-20.50	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	11.00-19.75	11.00-20.25	11.00-20.25	11.00-20.25	11.00-19.50	11.00-19.50
(x)    Statutory and Parastatal Bodies	12.50-16.50	12.50-16.50	12.50-16.50	12.50-16.50	11.25-15.50	11.00-14.50	11.25-14.50	11.25-14.50	11.50-15.00	12.00-15.50	12.00-15.50	12.00-15.50	12.00-15.50	12.00-15.50	12.00-15.50
(xi)   Housing	12.00-20.50	12.00-20.50	12.00-20.50	11.50-19.50	10.00-20.50	10.00-20.00	10.00-20.00	10.00-20.00	10.50-20.75	11.00-21.25	11.00-21.25	11.00-21.25	11.00-21.25	11.00-20.50	11.00-20.50
(xii)  Traders	10.00-20.50	10.00-21.50	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	10.50-20.75	10.50-20.75	10.50-20.75	10.50-20.75	10.50-20.50	10.50-20.50
(xiii)  Stock Brokers	11.00-18.50	11.00-18.50	11.00-18.50	11.00-17.50	13.75-16.50	11.50-16.00	13.75-16.00	13.75-16.00	14.25-16.50	14.75-17.00	14.75-17.00	14.75-17.00	14.75-17.00	14.75-17.00	14.75-17.00
(xiv)  Financial Institutions	12.00-18.50	12.00-18.50	12.00-18.50	12.00-18.00	12.00-17.00	10.00-17.00	10.50-16.00	10.50-16.00	11.00-16.50	11.50-17.00	11.50-17.00	11.50-17.00	11.50-17.00	11.50-17.00	11.50-17.00
(xv)   Personal and Professional	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	10.00-22.50	11.00-22.50	11.00-22.50	11.50-22.50	11.00-20.50	10.75-20.50
(xvi)  Other Customers	10.00-20.50	10.00-20.50	10.00-20.50	10.00-20.50	10.00-20.50	10.00-20.00	10.00-20.00	10.00-20.00	10.50-20.25	11.00-20.75	11.00-20.75	11.00-20.75	11.50-20.75	11.50-20.50	11.50-20.50
II. DEPOSITS
1.  Savings	9.00	9.00	9.00	8.00-9.00	6.50-8.50	6.50-7.00	6.50-7.00	6.50-7.00	7.00	7.50	7.50	7.50	7.50	7.50	7.50
2.  Seven Days' Notice	8.25-10.00	8.25-10.00	8.25-10.00	7.25-10.00	5.75-9.25	6.50-8.25	6.50-8.25	6.50-8.25	7.00-8.00	7.50-8.50	7.50-8.50	7.50-9.00	6.50-9.00	6.50-9.00	6.50-9.00
3.  Fixed Deposits
(i)     Up to 3 months	9.00-11.50	9.00-11.50	9.00-11.50	8.00-11.25	6.50-9.87	6.50-8.75	6.50-8.25	6.50-8.25	7.00-8.75	7.50-9.25	7.50-9.25	7.50-9.25	7.50-9.25	7.50-9.00	7.50-9.00
(ii)    Exceeding 3 and up to 6 months	9.00-11.25	9.00-12.00	9.00-11.80	8.13-11.25	6.50-9.75	6.50-9.50	6.50-8.50	6.50-8.50	7.00-9.00	7.63-10.00	7.63-10.00	7.63-10.00	7.63-10.00	7.63-10.00	7.63-10.00
(iii)   Exceeding 6 and up to 12 months	9.00-12.00	9.00-12.00	9.00-12.00	8.25-12.00	6.88-10.75	6.75-10.13	6.75-9.50	6.75-9.75	7.25-10.00	7.75-11.60	7.75-11.60	7.75-11.60	7.75-11.60	7.75-11.60	7.88-11.60
(iv)   Exceeding 12 and up to 18 months	9.50-12.00	9.50-12.00	9.50-12.00	8.38-12.00	7.50-10.00	7.00-9.25	7.00-9.75	7.00-10.00	7.50-10.13	7.88-11.13	7.88-11.50	7.88-11.50	8.00-11.50	8.00-11.50	8.00-11.25
(v)    Exceeding 18 and up to 24 months	9.38-11.50	9.38-11.50	9.38-12.00	8.38-12.00	7.50-10.50	7.00-10.00	7.00-10.00	7.00-10.00	7.50-10.25	8.00-11.13	8.00-11.50	8.00-12.00	8.00-12.00	8.00-11.50	8.00-12.00
(vi)   Exceeding 24 and up to 36 months	9.63-12.00	9.63-12.00	9.63-12.50	8.38-12.50	8.00-11.00	7.12-9.50	7.12-11.00	7.12-11.00	7.63-11.00	8.13-10.50	8.13-10.50	8.13-11.00	8.13-11.75	8.13-11.50	8.13-11.50
(vii)  Exceeding 36 and up to 48 months	9.63-12.00	9.75-12.00	9.63-12.50	8.38-12.50	8.00-11.25	7.25-10.50	7.25-10.50	7.25-11.00	7.75-11.00	8.25-11.38	8.25-11.38	8.13-11.50	8.13-11.50	8.13-11.50	8.13-11.50
(viii) Over 48 months	9.75-11.25	9.75-11.25	9.75-11.25	9.75-11.75	8.75-10.00	9.00-9.50	9.00-11.00	9.00-11.00	9.25-10.00	8.50-11.50	8.50-11.50	8.50-11.50	8.50-11.50	8.50-11.50	8.50-11.50
Note: The Lombard Rate was reduced from 12.50% to 12.00% on 30 May 2001.  Commercial banks adjusted their lending and deposit rates accordingly.