Central Bank Bills Tap Information
The Central Bank Bill Tap facility forms part of the Central Bank’s liquidity management tools used to influence the price of money so as to achieve its objective of price stability.
The objective of offering the Tap facility is to encourage a wider participation by the general public (small investors) in the securities market, hence contributing to the development of the retail market for Government securities.
The Tap facility is not intended to undermine the role of the commercial Banks and other registered bidders who participate in the wholesale (primary) market for Government securities.
Last Update:
01 November 2024
usd
0.4769
eur
0.5332
PGK
0.1387
gbp
0.3623
nzd
45.391
sgd
0.3931
jpy
0.5722
KINA FACILITY RATE:
Jan 2024
6.255%
Feb 2024
6.258%
Mar 2024
6.247%
Apr 2024
6.236%
May 2024
6.203%
Jun 2024
6.208%
Jul 2024
6.231%
Aug 2024
6.278%
Sep 2024
6.301%
Oct 2024
6.291%