Andina

Peru: Central Reserve Bank reports on certificates of deposit

Photo: ANDINA/Archive

Photo: ANDINA/Archive

10:52 | Lima, Mar. 3.

The Central Reserve Bank has reported that —as of February 24— the yield curve of its Certificates of Deposit (CD BCRP) showed a performance similar to that observed at the end of January in all bonds.

The shape of this yield curve is influenced by expectations of future monetary policy rates and by liquidity conditions in the market.

BCRP Certificates of Deposit (CD BCRP) are a monetary sterilization instrument that can be traded in the market or used in interbank repos or in repos with the issuing entity.

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Published: 3/3/2021