Reference Interest Rates for the Bank system emitted on 20/12/2011

Banco Central de Cuba by virtue of Article 17 under Decree Law No. 172 “From Banco Central de Cuba” of May 28, 1997 and the Monetary Policy Committee Agreement No. 107/11 has decided to establish the following borrowing rates to be applied to deposits of natural persons.:

Companies in Improvement

Currency Fixed term deposits CUP 1.0 (Percent per year)

Natural People

Currency Visible 3 months 6 months 12 months 24 months 36 months CUC 0.50 1.50  2.00 2.50 3.00 4.00 USD 0.25 2.10 2.15 2.50 2.75 3.25 CUP 0.50 2.10 2.15 2.50 2.75 3.25

Note: The rates shall be effective as of December 20, 2011 to be applied in the new contracts, and in those renewed for due term. Therefore, these rates shall not be backdated.

Comments: webmaster@bc.gov.cu

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