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Kina Facility Rates Print E-mail

The Bank of Papua New Guinea introduced the Kina Facility Rate (KFR) in February 2001, as an official rate to indicate its stance of monetary policy. The KFR is a monthly rate and any changes to it should translate to market interest rates. Changes to the KFR are based on assessment of economic fundamentals in the economy.

The initial KFR was set at 15.50 percent in February 2001, which was based around the 28 days treasury bill weighted average rate.

2012 Rate (%)

May Maintained at 7.75% Press Release for May 2012 16.57 Kb
April Maintained at 7.75% Press Release for April 2012 KFR  53.14 Kb
March Maintained at 7.75% Press Release for March 2012 KFR 91.14 Kb
February Maintained at 7.75% Press Release for February 2012 KFR 24.66 Kb
January Maintained at 7.75% Press Release for January 2012 KFR 55.76 Kb
2011 Rate (%)
December Maintained at 7.75% Press Release for December 2011 KFR 55.93 Kb
November Maintained at 7.75% Press Release for November 2011 KFR 87.46 Kb
October Maintained at 7.75% Press Release for October 2011 KFR 53.24 Kb
September Increased to 7.75% Press Release for September 2011 KFR 32.02 Kb
August Maintained at 7.50% Press Release for August 2011 KFR  bytes
July Increased to 7.50% Press Release for July 2011 KFR 25.48 Kb
June Increased to  7.25% Press Release for June 2011 KFR 31.27 Kb
May Maintained at 7.00% Press Release for May 2011 KFR 17.02 Kb
April Maintained at 7.00% Press Release for April 2011 KFR 53.56 Kb
March Maintained at 7.00% Press Release for March 2011 KFR 53.22 Kb
February Maintained at 7.00% Press Release for February 2011 KFR 53.29 Kb
January Maintained at 7.00% Press Release for January 2011 KFR 17.06 Kb
2010 Rate (%)
December Maintained at 7.00% Press Release for December 2010 KFR 20.17 Kb
November Maintained at 7.00% Press Release for November 2010 KFR 59.62 Kb
October Maintained at 7.00% Press Release for October 2010 KFR 55.64 Kb
September Maintained at 7.00% Press Release for September 2010 KFR 66.00 Kb
August Maintained at 7.00% Press Release for August 2010 KFR 20.62 Kb
July Maintained at 7.00% Press Release for July 2010 KFR 16.41 Kb
June Maintained at 7.00% Press Release for June 2010 KFR 26.58 Kb
May Maintained at 7.00% Press Release for May 2010 KFR 16.41 Kb
April Maintained at 7.00% Press Release for April 2010 KFR 20.11 Kb
March Mainatined at 7.00% Press Release for March 2010 KFR 51.71 Kb
February Maintained at 7.00% Press Release for February 2010 KFR 20.38 Kb
January Maintained at 7.00% Press Release for January 2010 KFR 16.32 Kb
2009 Rate (%)
December Reduced to 7.00% Press Release for December 2009 KFR 18.67 Kbpdf
November Maintained at 8.00%
October Mainatined at 8.00% Press Release for October 2009 KFR 15.32 Kbpdf
September Maintained at 8.00% Press Release for September 2009 KFR 18.32 Kbpdf
August Maintained at 8.00% Press Release for August 2009 KFR 11.50 Kbpdf
July Maintained at 8.00% Press Release for July 2009 KFR 14.50 Kbpdf
June Maintained at 8.00% Press Release for June 2009 KFR 14.50 Kbpdf
May Maintained at 8.00% Press Release for May 2009 KFR 11.47 Kbpdf
April Maintained at 8.00% Press Release for April 2009 KFR 202.41 Kbpdf
March Maintained at 8.00% Press Release for March 2009 KFR 11.50 Kbpdf
February Maintained at 8.00% Press Release for February 2009 KFR 11.55 Kbpdf
January Maintained at 8.00%
2008 Rate (%)
December Increased to 8.00%
November Maintained at 7.00% Press Release for November 2008 KFR 17.02 Kbpdf
October Maintained at 7.00% Press Release for October 2008 KFR 88.80 Kbpdf
September Increased to 7.00% Press Release for September 2008 KFR 17.62 Kbpdf
August Increased to 6.50% Press Release for August 2008 KFR 22.37 Kbpdf
July Maintained at 6.25% Press Release for July 2008 KFR 20.63 Kbpdf
June Increase to 6.25% Press Release for June 2008 KFR 17.84 Kbpdf
May Maintained at 6%
April Maintained at 6%
March Maintained at 6%
February Maintained at 6%
January Maintained at 6%
2007 Rate (%)
December Maintained at 6% Commentary on December 2007 KFR 28.42 Kb pdf
November Maintained at 6%
October Maintained at 6% Commentary on October 2007 KFR 16.47 Kbpdf
September Maintained at 6%
August Maintained at 6% Commentary on August 2007 17.11 Kb pdf
July Maintained at 6% Commentary on July 2007 29.83 Kb pdf
June Maintained at 6% Commentary on June 2007 18.58 Kb pdf
May Maintained at 6% Commentary on May 2007 18.65 Kb pdf
April Maintained at 6% Commentary on KFR Rate 10.99 Kb pdf
March Maintained at 6%
February Maintained at 6%
January Maintained at 6%

2006 Rate (%)
December Maintained at 6%
November Maintained at 6%
October

Maintained at 6%

September

Maintained at 6%

August

Maintained at 6%

July

Maintained at 6%

June

Maintained at 6%

May

Maintained at 6%

April

Maintained at 6%

March Maintained at 6%

February

Maintained at 6%

January

Maintained at 6%

2005
December KFR maintained at 6.00%
November KFR maintained at 6.00%
October KFR maintained at 6.00%
September KFR Reduced to 6.00%
August Maintained at 7.00%
July Maintained at 7.00%
June Maintained at 7.00%
May Maintained at 7.00%
April Maintained at 7.00%
March Maintained at 7.00%
February Maintained at 7.00%
January Maintained at 7.00%

Full KFR Commentaries January - December 2005 42.16 Kbpdf

2004
December KFR maintained at 6.00%
November KFR maintained at 6.00%
October KFR maintained at 6.00%
September KFR Reduced to 6.00%
August Maintained at 7.00%
July Maintained at 7.00%
June Maintained at 7.00%
May Maintained at 7.00%
April Maintained at 7.00%
March Maintained at 7.00%
February Maintained at 7.00%
January Maintained at 7.00%

Full KFR commentaries for January - December 2004 25.35 Kbpdf