Monetary and foreign exchange operations - February 1998

CENTRAL BANK CERTIFICATES OF DEPOSIT (CDBCRP) In millions of nuevos soles Monday 23 Tuesday 24 Wednesday 25 Thursday 26 Friday 27
Stock of CDBCRP 972,1 972,1 972,1 972,1 792,1
Next due date of CDBCRP ( March 5, 1998) 180,0 180,0 180,0 180,0 240,0
Amount of CDBCRP 180,0 180,0 180,0 180,0 422,1
Outcome of the auction sale (due 12 weeks)          
- Proposals received -- -- -- -- --
- Proposals accepted -- -- -- -- --
Outcome of the auction sale (due 8 weeks)          
- Proposals received -- -- -- -- --
- Proposals accepted -- -- -- -- --
Outcome of the auction sale (due 4 weeks)          
- Proposals received -- -- -- -- --
- Proposals accepted -- -- -- -- --
Interest rates accepted          
- Minimum -- -- -- -- --
- Maximum -- -- -- -- --
- Average -- -- -- -- --
Outcome of the buying auction sale CDBCRP (Circular Nš 027- EF/90)          
- Proposals received 528,2 392,0 519,4 382,0 207,0
- Proposals accepted 280,0 200,0 190,0 240,0 50,0
Interest rates accepted          
- Minimum 22,03% 30,02% 21,99% 22,03% 32,00%
- Maximum 24,21% 32,00% 35,04% 35,04% 32,00%
- Average 23,77% 30,92% 23,79% 23,25% 32,00%
Secondary Market of CDBCRP          
Amount traded 5,0 6,5 9,8 1,0 7,0
Interest rates 1/          
- Minimum 17,00% 15,99% 16,50% 30,00% 30,00%
- Maximum 20,00% 21,50% 21,50% 30,00% 30,00%
- Average 18,50% 19,65% 18,34% 30,00% 30,00%
INTEREST RATE FOR SHORT TERM CREDITS -- -- -- -- --
- Guaranteed by CDBCRP -- -- -- -- --
- Other guarantees -- -- -- -- --
SWAPS OPERATIONS OF FOREIGN CURRENCY          
Fee (daily efective rate) 0,0241% 0,0241% 0,0241% 0,0241% 0,0241%
- Amount (millions of US dollars) -- 0,20 20,90 -- --
           
PURCHASES OF FOREIGN CURRENCY AT OVER-THE-COUNTER          
- Amount (millions of US dollars) 5,9 -- -- -- --
- Average exchange rate (S/. US$) 2,80 -- -- -- --
OTHER INDICATORS          
Commercial bank current account in the BCRP (Stock in millions of nuevos soles) 42,4 76,7 77,9 95,8 100,0
Interbanking operations (domestic currency)          
- Amount (millions of US dollars) 151,2 200,1 129,2 206,6 133,3
Interes rates          
- Minimun 20,00% 22,00% 24,00% 22,00% 24,00%
- Maximun 25,00% 35,00% 40,00% 40,00% 39,00%
- Average 22,72% 29,06% 33,22% 30,67% 30,98%
Interbanking operations (foreign currency)          
- Amount (millions of US dollars) 51,7 70,8 71,8 77,9 32,5
Interes rates          
- Minimun 7,00% 6,00% 7,25% 7,00% 6,00%
- Maximun 8,00% 8,00% 7,90% 7,80% 7,85%
- Average 7,47% 7,44% 7,45% 7,46% 7,02%
Commercial Banks operations in the foreign exchange market (millions of US dollars)          
Spot net purchases -2,8 10,6 -1,4 69,6 19,2
Forwards net purchase -4,9 2,9 -7,2 7,6 n.d.
Total spot operations 209,5 171,8 186,9 248,2 209,8
Total forward operations 15,8 16,9 26,0 36,5 n.d.

1/ Profit rate to the buyer

Last Updated on 3/2/98