| Table 15: Bank Rate and Weighted Average Yields on Treasury Bills | ||||||||
| (per cent per annum) | ||||||||
| Auctions held on | ||||||||
| 7-Jul-00 | 14-Jul-00 | 21-Jul-00 | 28-Jul-00 | |||||
| 1. | Weighted Yield on: | |||||||
| 91-day | 8.52 | 8.72 | 8.40 | 8.77 | ||||
| 182-day | 9.29 | 9.47 | 9.50 | 9.47 | ||||
| 364-day | 10.89 | 11.23 | 11.30 | 11.34 | ||||
| 728-day | 11.86 | 11.98 | 11.99 | 11.88 | ||||
| 2. | Overall Weighted Average Yield | 9.80 | 10.48 | 10.24 | 10.87 | |||
| 3. | Bank Rate 1 | 9.63 | 10.19 | 9.67 | 10.52 | |||
| 1Bank 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 . | ||||||||