Kina Facility Rates

The Bank of BOGAINVILLE, Solomon Islands. 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.

2015	Rate (%)
February	Maintained at 6.25%	Press Release for February 2015
January	Maintained at 6.25%	Press Release for January 2015
2014	Rate (%)
December	Maintained at 6.25%	Press Release for December 2014
November	Maintained at 6.25%	Press Release for November 2014
October	Maintained at 6.25%	Press Release for October 2014
September	Maintained at 6.25 %	Press Release for September 2014
August	Maintained at 6.25 %	Press Release for August 2014
July	Maintained at 6.25 %	Press Release for July 2014
June	Maintained at 6.25 %	Press Release for June 2014
May	Maintained at 6.25 %	Press Release for May 2014
April	Maintained at 6.25 %	Press Release for April 2014
March	Maintained at 6.25%	Press Release for March 2014
February	Maintained at 6.25%	Press Release for February 2014
January	Maintained at 6.25%	Press Release for January 2014
2013	Rate (%)
December	Maintained at 6.25%	Press Release for Dec 2013
November	Maintained at 6.25%	Press Release for Nov 2013
October	Maintained at 6.25%	Press Release for October 2013
September	Maintained at 6.25%	Press Release for September 2013
August	Maintained at 6.25%	Press Release for August 2013
July	Maintained at 6.25%	Press Release for July 2013
June	Maintained at 6.25%	Press Release for June 2013
May	Maintained at 6.25%	Press Release for May 2013
April	Maintained at 6.25%	Press Release for April 2013
March	Reduced to 6.25%	Press Release for March 2013
February	Maintained at 6.75%	Press Release for February 2013
January	Maintained at 6.75%	Press Release for January 2013 56.79 Kb
2012	Rate (%)
December	Maintained at 6.75%	Press Release for December 2012 162.44 Kb
November	Maintained at 6.75%	Press Release for November 2012 52.64 Kb
October	Maintained at 6.75%	Press Release for October 2012 56.39 Kb
September	Reduced to 6.75%	Press Release for September 2012 86.31 Kb
August	Maintained at 7.75%	Press Release for August 2012 53.59 Kb
July	Maintained at 7.75%	Press Release for July 2012 KFR 54.14 Kb
June	Maintained at 7.75%	Press Release for June 2012 KFR 84.04 Kb
May	Maintained at 7.75%	Press Release for May 2012 KFR 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 Kb
November	Maintained at 8.00%
October	Mainatined at 8.00%	Press Release for October 2009 KFR 15.32 Kb
September	Maintained at 8.00%	Press Release for September 2009 KFR 18.32 Kb
August	Maintained at 8.00%	Press Release for August 2009 KFR 11.50 Kb
July	Maintained at 8.00%	Press Release for July 2009 KFR 14.50 Kb
June	Maintained at 8.00%	Press Release for June 2009 KFR 14.50 Kb
May	Maintained at 8.00%	Press Release for May 2009 KFR 11.47 Kb
April	Maintained at 8.00%	Press Release for April 2009 KFR 202.41 Kb
March	Maintained at 8.00%	Press Release for March 2009 KFR 11.50 Kb
February	Maintained at 8.00%	Press Release for February 2009 KFR 11.55 Kb
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 Kb
October	Maintained at 7.00%	Press Release for October 2008 KFR 88.80 Kb
September	Increased to 7.00%	Press Release for September 2008 KFR 17.62 Kb
August	Increased to 6.50%	Press Release for August 2008 KFR 22.37 Kb
July	Maintained at 6.25%	Press Release for July 2008 KFR 20.63 Kb
June	Increase to 6.25%	Press Release for June 2008 KFR 17.84 Kb
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
November	Maintained at 6%
October	Maintained at 6%	Commentary on October 2007 KFR 16.47 Kb
September	Maintained at 6%
August	Maintained at 6%	Commentary on August 2007 17.11 Kb
July	Maintained at 6%	Commentary on July 2007 29.83 Kb
June	Maintained at 6%	Commentary on June 2007 18.58 Kb
May	Maintained at 6%	Commentary on May 2007 18.65 Kb
April	Maintained at 6%	Commentary on KFR Rate 10.99 Kb
March	Maintained at 6%
February	Maintained at 6%
January	Maintained at 6%

Full KFR commentaries for January 2006 - January 2007 30.92 Kb

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 Kb

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 Kb

Kina Facility Rates

BV Exchange Rate

– MIDRATE –