Market Operations

The Central Bank of Libya issues certificates of deposit and provides the relevant mechanisms in order to implement the country’s monetary policy to achieve the legal targets. This section contains the terms and conditions of the market operations of the Central Bank of Libya. Banks that want to participate must commit to the procedures in this section · The interest rate on certificates of deposit to maturity period of 91 days is 1.0%. · The interest rate on repurchase transaction certificate of deposit for a period of 91 days is 1.75%. · The interest rate on repurchase transaction (within one day or during a certain period) certificate of deposit maturity period of 91 days which can not be paid at the specified time of re-purchase is 2.50%. · The interest rate on certificates of deposit for a period of 28 days to maturity is0.85%. · The interest rate on repurchase transaction certificates of deposit to 28 days to maturity is1.60%. · The interest rate on repurchase transaction (within one day or during a certain period) certificate of deposit maturity period of 28 days which can not be paid at the Specified time of re-purchase is 2.35%.

The governor’s decision on the issuance of certificates of deposit and its accessories

Supplement(4) – operating rules for the book entry system, Central Bank of Libya.

Supplement(5) – buy-back mechanism during a certain period.

Supplement(6) – application form to buy back certificates of deposit (during a certain period).

Supplement(7) – buy-back mechanism during the day. Invitation to subscribe Results Hhadat sale deposit