Statistics – Ministry of Finance

Commercial Banks’ Interest Rates

		Prime Loan Rates						Time Deposits
Period Ending	Basic Prime Rate	Term	Demand	Overdraft	Real Estate Mortgage	Ordinary Savings	Special Savings	3 Month	3 to 6 Month	6 to 12 Month
2008	13.00	12.88	13.00	13.00	13.00	2.13	2.39	3.00	3.86	4.13
2009	10.25	10.25	10.25	10.25	9.90	0.57	0.88	1.08	1.48	2.23
2010	8.38	8.25	8.25	8.25	8.25	0.30	0.33	0.52	0.79	1.33
2011	7.75	7.75	7.75	7.75	7.75	0.20	0.21	0.22	0.79	1.51
2012	7.50	7.63	7.50	7.50	7.50	0.20	0.23	0.23	0.61	0.71
2013	7.50	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
2014	7.75	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
2015	8.93	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
2016	9.00	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
2017	9.00	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
2018	9.25	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
2017
October	9.00	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
November	9.00	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
December	9.00	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78

2018
January	9.00	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
February	9.00	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
March	9.00	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
April	9.00	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
May	9.00	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
June	9.00	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
July	9.00	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
August	9.13	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
September	9.25	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
October	9.25	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
November	9.25	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
December	9.25	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78

2019
January	9.25	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
February	9.25	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
March	9.25	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
April	9.25	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
May	9.25	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78
June	9.25	7.50	7.50	7.50	7.50	0.20	0.20	0.38	0.45	0.78

Source: Central Bank of Trinidad and Tobago