Central Bank of Nigeria
Operationalization of the Standing Deposit Facility (SDF) Asymmetric Corridor
Loading document viewer...
- Author
- Central Bank of Nigeria
- Reference No.
- FMD/PUB/CIR/001/017
- Year
- 2024
- Pages
- 1 page
This circular operationalizes the revised Standing Deposit Facility asymmetric corridor approved by the Monetary Policy Committee. It sets the Standing Lending Facility at 31.75% and the Standing Deposit Facility at 25.75%, with differentiated deposit thresholds and a 19.00% rate for excess deposits for commercial and…
