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Guyana Bank of Guyana Bank Rate (rediscount rate)

Guyana Bank of Guyana Bank Rate (rediscount rate) is 5 percent, in force since 31 Mar 2013, cited to Bank of Guyana. It was 5.25 percent before that. Last checked against the official source on 19 Oct 2026.

Official source: Bank of Guyana · Last checked 2026-10-19 · source fingerprint

The Bank Rate — the rate at which the Bank of Guyana rediscounts eligible paper for licensed depository financial institutions, published as the single 'BANK OF GUYANA — Bank Rate' line in Table 4.1 (Guyana: Selected Interest Rates) of the Bank's monthly Statistical Abstract and on the Bank's homepage rates panel. It is NOT a discretionary policy rate announced by a scheduled monetary policy committee: the Bank of Guyana has no MPC, publishes no monetary policy announcement calendar, and states in its own Annual Report that treasury bill issuance and foreign exchange market intervention are its primary operational tools of monetary policy.

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Guyana, as JSON

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# 402 Payment Required + x402 quote; pay it with x402-fetch, x402-axios or any x402 client
# History:    https://latamref.dev/v1/gy/policy-rate/history?from=2020-01-01
# Provenance: https://latamref.dev/provenance/gy/policy-rate
Current value5 percent
In force from2013-03-31
Official sourceBank of Guyana — Guyana: Selected Financial Sector Data, August 2026, Interest Rates, row 'Central Bank Lending Rate (Bank Rate)': 5.00 percent; corroborated by the Bank of Guyana Half-Year Report 2026 ('The Bank rate was stable at 5.0 percent')
Last verified2026-10-19
Verificationprimary — No verification limitation recorded — read from the official source cited.
Provenancesource fingerprint

What this value means

NO ACTIVE POLICY RATE — SAY IT PLAINLY. The Bank Rate has stood at 5.00 per cent continuously for more than thirteen years. The Bank of Guyana's own monthly series (Statistical Abstract Table 4.1) shows 5.00 at every observation from at least December 2016 to June 2026; the last movement was in MARCH 2013, when it fell from 5.25 per cent (the February 2013 month-end reading) to 5.00 per cent — Annual Report 2013: 'The Bank rate fell to 5.0 percent from 5.25 percent'. DATE NOTE: the Bank publishes end-of-month observations only, so 31 March 2013 is the first month-end at which 5.00 is recorded; no separate decision or effective date is published. NOT A DISCRETIONARY RATE: the Bank of Guyana Act 1998 charges the Bank with price stability but the Bank operates no MPC and issues no rate decisions or minutes. Annual Report 2025, 'Monetary Developments': 'The issuance of treasury bills and foreign exchange market intervention continued to serve as the Bank's primary operational tools of monetary policy. The discount rate remained unchanged at 5.0 percent, while the reserve requirement ratio was also maintained at 12.0 percent.' In 2025 the Bank issued and redeemed G$4.0bn of treasury bills for monetary purposes (zero net liquidity impact) and made net foreign currency sales of US$317.8m. TRAP — THE 'DETERMINED BY THE 91-DAY TREASURY BILL RATE' FORMULA IS DORMANT. Every Bank of Guyana annual report from at least 2010 repeats that the Bank Rate 'is determined by the 91-day treasury bill rate', and until 2013 the two did move together. They have since decoupled completely: the 91-day treasury bill discount rate has been 1.10 per cent since December 2023 (1.54 per cent 2020-2023) while the Bank Rate stayed at 5.00. Do NOT substitute the 91-day treasury bill rate, the small savings rate (0.81 per cent), the commercial banks' weighted-average prime lending rate (8.20 per cent) or the 'Guyana WA Prime Lending Rate (%) 7.88' shown on the Bank's homepage — those are separate rows of the same table and none of them is the Bank Rate. ACCESS NOTES: the homepage rates panel at bankofguyana.org.gy/bog3/ carried 'Bank Rate (%) 5.00' at confirmation and is machine-readable, but it is undated; the authoritative dated series is the monthly Statistical Abstract PDF at /bog/images/research/Reports/statistical_abstract/ab<mon><year>.pdf. At confirmation the Statistical Abstract index page listed a May 2026 issue but abmay2026.pdf returned HTTP 404, so April 2026 is the newest fetchable file. The legacy tables at bankofguyana.org.gy/Documents/STAT-ABS/Intrest_rates.pdf and /Documents/Financial Tables/... are both dead (HTTP 404) although search engines still surface them. Backlog re-stamp 2026-08-23 (network-blocked verification): Bank Rate 5% — source page changed, value held REVERIFY 2026-10-19: Bank of Guyana 'Guyana: Selected Financial Sector Data', August 2026, row 'Central Bank Lending Rate (Bank Rate)': 5.00 percent, unchanged on the year; Half-Year Report 2026: 'The Bank rate was stable at 5.0 percent'. Still no active policy rate.

Earlier values

FromValueSource
2012-07-315.25Bank of Guyana Annual Report 2013, Table 'Guyana: Selected…

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Other Guyana series: Value-Added Tax standard rate · VAT registration threshold · National Minimum Wage (private sector) · Public holidays · CPI inflation (year-on-year) · Corporation tax standard rate (non-commercial company) · Withholding tax rates · Statutory interest on debts and damages · Personal income tax rates · Statutory social-insurance contributions

The same figure elsewhere: Honduras · Jamaica · Mexico · Nicaragua · Panama · all 22