Sign In
Sign In
Scotiabank Mortgage Reference Rate (SMRR)
The Scotiabank Mortgage Reference Rate has been suspended by the Central Bank of Trinidad and Tobago until 1st October, 2023.
As at 1st September 2020
| Scotiabank Mortgage Market Reference Rate as computed |
3.50% |
| Discount on Computed Rate |
0.25% |
| Customer SMRR |
3.25% |
The Scotiabank Mortgage Reference Rate (SMRR) is an interest rate benchmark against which Scotiabank consumer mortgages will be priced and re-priced effective December, 2017.The SMRR is computed by Scotiabank and is based on information about commercial banks’ funding costs and yields on applicable treasury bonds.The Scotiabank Mortgage Market Guideline could be accessed via our website tt.scotiabank.com