The Central Bank at its Monetary Policy Committee meeting on Monday, February 1, 2021 maintained the policy rate at 14.5 per cent. The Governor Ernest Addison said: “The 91-day declined to 14.1 per cent in December 2020 from 14.7 per cent last year, and the 182-day Treasury bill rate fell to 14.1 per cent from 15.2 per cent over the same comparative period”. On the secondary bond market, Dr Addison said “yields on 6-year, 7-year, 10-year, and 15-year bonds all declined”. “The rates on the 20-year bond, however, inched up marginally to 22.3 per cent in December 2020 relative to 22.1 per cent in December 2019,” he noted. The weighted average interbank rate, he added, “declined to 13.6 per cent from 15.2 per cent, reflecting the reduction in the monetary policy rate in March 2020, and improved liquidity conditions on the market”.