Benchmark rate at which South African banks lend to their customers (« prime rate »), at the end of the month. Home loans and most household loans are priced off it, within a few points: South African press reads every Reserve Bank rate decision through it. It moves with the policy rate plus a fixed margin.
10.8%
Q3 2026
+0.3 ptsvs Q3 2025
min 7.0 Q3 2020max 17.0 Q3 2002
%
Frequency
Range
Chart view
Source: South African Reserve Bank, South African Reserve Bank · Money market rates· Data Q3 2026
Banks’ prime lending rate, end of monthY-axis truncated
