End of Period Period Rate (%)
01 Apr 1994 April 1994 48.94
01 May 1994 May 1994 46.38
01 Jun 1994 June 1994 44.40
01 Jul 1994 July 1994 41.19
01 Aug 1994 August 1994 38.30
01 Sep 1994 September 1994 37.12
01 Oct 1994 October 1994 34.16
01 Nov 1994 November 1994 32.49
01 Dec 1994 December 1994 28.75
01 Jan 1995 January 1995 27.01
End of Period

Note: Effective 1 July 2017, the Bank of Jamaica policy rate is the interest rate paid on overnight deposits held by deposit‐taking institutions (“DTIs”) at Bank of Jamaica. 

Effective 1 March, 2019, the overnight deposit for deposit‐taking institutions is no longer available. Interest is paid on overnight balances in the current accounts of deposit‐taking institutions at Bank of Jamaica. The applicable interest rate is the Bank of Jamaica policy rate.