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

BV Exchange Rate

– MIDRATE –

Last Update: 28 Sep 2017
usd 0.4668
aud 0.2527
gbp 0.3311
eur 0.5002
nzd 45.160
jpy 0.5125
sgd 0.2701
Kina Facility Rate:
Jan 2017 6.25%
Dec 2016 6.25%
Nov 2016 6.25%