South Africa Central Bank Lending RateSouth Africa Central Bank Lending RateSouth Africa Central Bank Lending Rate

South Africa Central Bank Lending Rate

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Key data points


Last release
Observation period
Nov 2024
Next release
Forecast
Highest
25.50% on Sep 30, 1998
Lowest
5.00% on Mar 31, 1952

About South Africa Central Bank Lending Rate


Category
Money
Frequency
Monthly
Units
%
In South Africa, lending rate refers to commercial banks prime overdraft rate. It is a benchmark rate priced at 3.5 basis points above the repurchase rate and it is used by banks to price the lending rates offered to clients at either above or below the benchmark rate.