BRH Notice to Banks: Change in Annual-Basis Interest Rates on BRH Bonds, March 19, 2020
- BRH bond rates on an annual basis are 4% for 7 days, 6% for 28 days and 10% for 91 days.
- The repo rate on BRH bonds is 17%.
- The decision takes effect on Friday, March 20, 2020.
- The notice applies to commercial banks and savings and housing banks.
The notice is addressed to commercial banks and savings and housing banks and informs all banking and non-banking institutions that the interest rates on BRH bonds, expressed on an annual basis, are changed. It lists rates by maturity of 4% for 7 days, 6% for 28 days and 10% for 91 days, and a repo rate on BRH bonds of 17%. The decision takes effect on Friday, March 20, 2020. The notice is dated Port-au-Prince, March 19, 2020. The scanned text also has overlaid wording from a second notice on authorized signature specimens of the International Affairs Directorate.
How to cite
Bank of the Republic of Haiti (BRH), BRH Notice to Banks: Change in Annual-Basis Interest Rates on BRH Bonds, March 19, 2020, https://www.brh.ht/wp-content/uploads/avis-modifications-interets-bons-brh-base-annuelle.pdf
- Rights holder
- Banque de la République d'Haïti (BRH)