Transmission of rate cut only half complete in public sector banks

Public sector banks lag in passing on repo rate cuts, unlike foreign banks swiftly reducing rates for borrowers.
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Repo rate announcement expected this week: Will it remain unchanged? – Here’s what the numbers say

Stay updated with Swisher Post! Read the latest news at Swisher Post South Africa’s Reserve Bank is preparing to announce its latest interest rate decision on Thursday, 29 May at 15:00. This rate, ...
Bloomberg L.P.

Key Fed Fund Rates Trade Gains Popularity Amid Repo Volatility

Traders are increasingly turning to US interest-rate futures where they are wagering on changes between repo rates and the federal funds rate as money-market stress persists ...
The Citizen

Good time to review SA’s prime reference rate – economist

South African banking customers have been paying a prime rate of the repo rate plus 3.5% since 2001. Is it time for a change?
Reuters

US banks tap Fed repo facility as overnight rates climb, signaling funding strain

NEW YORK, Oct 15 (Reuters) - U.S. banks borrowed $6.5 billion from the Federal Reserve's Standing Repo Facility (SRF) on Wednesday, central bank data showed, and repurchase rates rose, suggesting ...