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Our Mission : To contribute towards the sustainable economic growth and development of Seychelles through prudent monetary policy and maintenance of a sound financial system

Welcome to the official website of the Central Bank of Seychelles

The primary objective of the Bank is to promote domestic price stability. The other objectives of the Bank are -

a) to advise the Government on banking, monetary and financial matters, including the monetary

implications of proposed fiscal, credit policies or operations of the Government; and

b) to promote a sound financial system. Read more

As at the second quarter of 2014 the Reserve Money target is calculated on a quarterly average basis. For the third quarter, the quarterly average target is R2,642 million. This is surrounded by a symmetrical three per cent band whereby the upper bound of the band serves as the performance criterion (PC) or indicative target (ceiling).


Progress

Other Key Indicators

Recent Updates

Rates of Standing Facilities
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30 July 2014

Rates of Deposit Auction Arrangement
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30 July 2014

Commercial Bank's Applicable Rates on Deposits and Lending
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25 July 2014

New Gold and Silver Commemorative Coins - Royal Baby ( Now on Sale )
View Coins

24 July 2014



Consolidated Average Rates of Authorized Dealers

( August 01, 2014 )
Buying Selling Mid-Rate Daily Change
USD 12.1877 12.4524 12.3201 0.0144
EUR 16.4308 16.6805 16.5557 0.0037
GBP 20.2890 21.1227 20.7059 -0.3464

Interbank Lending Rate for Week Ending 25-Jul-2014  Rate is  2.70 %

Inflation Rate for June 2014

Year on Year

12 Month Average

Month on Month

1.1 %

2.8 %

0.2 %

Read more

Interest Rates on T-Bills as at 29 July, 2014

91-day

182-day

365-day

-

-

2.53 %

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  • Rates of Standing Facilities

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    Rates of Deposit Auction Arrangement

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  • As of June 6, 2014, the Financial Markets Division of the Central Bank of Seychelles (CBS) will be administering the issue of a 5-year Treasury Bond. The Bond to be issued on behalf of the Government of Seychelles will be earning a fixed interest rate of 5.5% per annum.

    Investors of the Bond will benefit from half yearly interest payments, commencing November 20, 2014 until maturity.

    The prospectus will be published in the Seychelles Nation of Wednesday, June 4, 2014; Friday, June 6, 2014, Saturday, June 7, 2014 and Monday, June 9, 2014. Copies of the prospectus and application form will be available from the Financial Markets Division of the CBS as of Friday, June 6, 2014 and can also be downloaded from the CBS website (www.cbs.sc).     June 4, 2014
  • Central Bank of Seychelles to administer the issue of Government of Seychelles Treasury Bonds

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  • Information - Pilot Program for Mobile payments
     
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