The bank added it will lessen the
rediscount rate to 4.75 per cent, the (repo) rate to 4.5 per cent and the overnight window deposit rate to 2.5 per cent.
However, commercial banks have agreed to
rediscount the notes at a negotiable fee, or the notes can be used in exchange for fertiliser or seed and as collateral for loans.
Similar with the recently reactivated Currency Rate Protection Program (CRPP) which is a hedging facility, another idle Bangko Sentral ng Pilipinas (BSP) tool that has been untapped for the past four years is the Exporters' Dollar and Yen
Rediscount Facility (EDYRF).
The Central Bank of the Republic of Turkey (CBRT) on Monday has announced its plan to increase its
rediscount credit facility to $20 billion, reflecting an expansion of $3 billion, in order to facilitate the financial markets operate efficiently after the country witnessed a failed coup on 15th of this month.
Global Banking News-July 25, 2016--Turkish central bank raises
rediscount credit limits
Similarly, the bank also left its
rediscount rate at 3.75 per cent and its discount rate at four per cent.
The CBJ added it would trim the
rediscount rate to 4.75 per cent, the (repo) rate to 4.5 per cent and the overnight window deposit rate to 2.5 per cent.
Peso
rediscount loans hit P14.5 billion in January !-- -- Lawrence Agcaoili (The Philippine Star) - February 17, 2019 - 12:00am MANILA, Philippines Banks continued to take out more loans from the
rediscount window of the Bangko Sentral ng Pilipinas (BSP) at the start of the year to further beef up their lending portfolio.
Banks have availed of P30.62 billion loans and advances from the central bank's peso
rediscount facility as of end-September to meet their liquidity requirements.
The Peso
Rediscount Facility rates for Rediscounting Windows (RWs) I and II for April are as follows:
The central bank of Angola has announced that it has cut its benchmark
rediscount rate.
Peso
rediscount loans surge to P71.5 billion in 2018 !-- -- Mary Grace Padin (The Philippine Star) - January 11, 2019 - 12:00am MANILA, Philippines Loans availed by banks through the peso
rediscount facility surged to P71.52 billion in 2018 following the series of interest rate hikes implemented by the Bangko Sentral ng Pilipinas (BSP) to help ease inflation.
