Key data points
Last release
—
Observation period
Apr 2024
Next release
—
Forecast
—
Highest
25.50% on Sep 30, 1998
Lowest
5.00% on Mar 31, 1952
About South Africa Central Bank Lending Rate
In South Africa, lending rate refers to commercial banks prime overdraft rate. It is a benchmark rate priced at 3.5 basis points above the repurchase rate and it is used by banks to price the lending rates offered to clients at either above or below the benchmark rate.