Form BA930 – Interest rates on deposits, loans and advances

The purpose of the return primarily is-

(a)       to establish the ranges within which banks set selected key interest rates;

(b)       to assess the impact that changes in the Reserve Bank’s repurchase rate has on the main sectors of the economy;

(c)       to monitor the transmission of changes in the Reserve Bank’s repurchase rate through the banking sector to the broader economy, that is, to assess the extent of the pass-through of changes in the repurchase rate to other interest rates, the timing of such changes and the effect or magnitude of the said changes;

(d)       to obtain selected information related to a bank’s cost of funds, yield on assets and related margins, allowing for product mix, term and other considerations.