has reported that —as of April 7— the yield curve of its Certificates of Deposit (CD BCRP) registered similar rates for all terms compared to those of the end of March.
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.