South Africa repo rate

Source: BIS central bank policy rates (WS_CBPOL), South Africa daily. Licence: BIS statistics: unrestricted reuse with attribution; inclusion must not add a charge to users. This page is not an official BIS publication (terms). Files: data/raw/bis-za-policy.json.

Reading this series

South Africa's repo rate is the official repurchase rate at which the South African Reserve Bank lends to banks against eligible collateral, and it is the country's main policy rate. This page uses the BIS central bank policy rate series for South Africa (WS_CBPOL), compiled by the BIS with the SARB, stored as dated level changes and drawn as a daily step series from 1980. The rate changes only at Monetary Policy Committee decisions, so the line is flat between them.

Read the headline with its as-of date, then the "versus the previous reading" line. Where the rate has been unchanged, the page shows the date of the last actual move instead of a run of zero changes. Mean, median, low and high are arithmetic summaries of the observations in this build and are not official figures. Chart and Table present the same series two ways, the range buttons filter what is drawn, and Explore adds zoom and pan on request. The repo rate is a policy rate, not a mortgage or deposit rate, and this page is not an official BIS publication.

About this desk

The Australia desk leads with the RBA's cash rate target, then New Zealand's OCR and the US federal funds rate, with the rest of the build's series after them. The cash rate is the RBA board's policy target for the overnight money market, published in the F1 daily and F1.1 monthly tables; the page uses the daily target for the headline and the monthly history for the long chart. Because it changes only at board meetings, the series is drawn as steps.

All desks show the same official series, reordered toward one economy; the figures do not change with the desk. Values are republished from official files without alteration. The build publishes no Australian mortgage or deposit rate, because no official series for those is ingested — the desk omits them rather than estimating. This is not financial advice, and readings may lag their source.