Table 22b: Principal Interest Rates at the end of July 2001*
	(Per Cent Per Annum)
	Jul-01
I. LENDING
Bank of Mauritius
Lombard Rate	12.00
Bank Rate	11.15
Commercial Banks
A. Prime Lending Rate	10.50 - 11.75
B. Sectoral Rates
1. Agriculture & Fishing	9.63 - 21.00
of which
- Mauritius Sugar Syndiacte	10.50 - 15.50
- Sugar Industry	9.63 - 21.00
2. Manufacturing	10.00 - 21.00
of which
- Export Enterprise Certificate Holders	10.50 - 21.00
3. Tourism	10.50 - 21.00
of which
- Hotels	10.50 - 19.50
4. Transport	10.00 - 21.00
5. Construction	10.50 - 21.50
of which
- Housing	10.50 - 20.25
6. Traders	10.50 - 21.50
7. New Economy	10.50 - 21.00
8. Financial and Business Services	10.50 - 21.00
9. Infrastructure	10.50 - 21.00
10. Statutory and Para-Statal Bodies	10.50 - 21.00
11. Regional Development Certificate Holders	12.50
12. Freeport Enterprise Certificate Holders	12.50 - 17.00
13. Regional Headquarters Certificate Holders	10.50 - 14.25
14. Health Development Certificate Holders	11.00 - 21.00
15. Personal	10.50 - 21.50
16. Professional	10.50 - 20.75
17. Education	16.50 - 19.75
18. Media, Entertainment and Recreational Activities	10.50 - 18.00
19. Other Customers	10.50 - 21.00
II. DEPOSITS
1. SAVINGS	7.00
2. TIME
Call	7.00 - 8.50
7 Days' Notice	7.00 - 10.00
Exceeding 7 Days & Up to 1 Month	7.00 - 10.00
Exceeding 1 Month & Up to 3 Months	7.00 - 12.00
Exceeding 3 Months & Up to 6 Months	7.13 - 10.00
Exceeding 6 Months & Up to 9 Months	7.13 - 9.75
Exceeding 9 Months & Up to 12 Months	7.25 - 12.00
Exceeding 12 Months & Up to 18 Months	7.25 - 11.50
Exceeding 18 Months & Up to 24 Months	7.38 - 12.00
Exceeding 24 Months & Up to 36 Months	7.63 - 13.00
Exceeding 36 Months & Up to 48 Months	7.00 - 13.50
Exceeding 48 Months & Up to 60 Months	7.75 - 13.50
Exceeding 60 Months	9.00 - 12.50
*As on the last day of the month.
Note: The Lombard Rate was reduced from 12.00% to 11.75% on 30-Aug-01.
Commercial banks adjusted their lending and deposit rates accordingly.