Harare — INTEREST rates are trading in the mixed as liquidity positions continue to oscillate on the back of aggressive open market operations by the central bank.
In the past five days, 90-day Negotiable Certificates of Deposit and bankers' acceptances of the same tenor were indicated in the 300 percent to 480 percent range, while call rates were between 2 percent and 20 percent and the interbank overnight rate varied between 0 percent and 750 percent depending on the liquidity conditions.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article