Monetary and foreign exchange operations - March 1998

CENTRAL BANK CERTIFICATES OF DEPOSIT (CDBCRP) In millions of nuevos soles Monday 09 Tuesday 10 Wednesday 11 Thursday 12 Friday 13
Stock of CDBCRP 632,1 632,1 690,0 770,0 845,0
Next due date of CDBCRP ( April 01, 1998) 42,1 42,1 50,0 50,0 250,0
Amount of CDBCRP 92,1 92,1 50,0 50,0 540,0
Outcome of the auction sale (due 12 weeks)          
- Proposals received -- -- -- -- --
- Proposals accepted -- -- -- -- --
Outcome of the auction sale (due 8 weeks)          
- Proposals received -- -- 191,0 210,3 213,1
- Proposals accepted -- -- 100,0 80,0 125,0
Outcome of the auction sale (due 4 weeks)          
- Proposals received 81,5 -- -- -- --
- Proposals accepted 30,0 -- -- -- --
Interest rates accepted          
- Minimum 17,25% -- 16,10% 16,90% 16,74%
- Maximum 17,99% -- 17,74% 17,24% 17,21%
- Average 17,71% -- 17,37% 17,11% 16,94%
Outcome of the buying auction sale CDBCRP (Circular Nš 027- EF/90)          
- Proposals received          
- Proposals accepted          
Interest rates accepted          
- Minimum          
- Maximum          
- Average          
Secondary Market of CDBCRP          
Amount traded 31,0 19,0 -- 32,6 3,0
Interest rates 1/          
- Minimum 15,00% 17,00% -- 16,30% 13,42%
- Maximum 17,50% 17,00% -- 17,74% 13,42%
- Average 17,09% 17,00% -- 17,09% 13,42%
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)          
PURCHASES OF FOREIGN CURRENCY AT OVER-THE-COUNTER          
- Amount (millions of US dollars) 3,0 7,0 10,0 4,5 --
- Average exchange rate (S/. US$) 2,800 2,793 2,794 2,803 --
OTHER INDICATORS          
Commercial bank current account in the BCRP (Stock in millions of nuevos soles) 267,1 355,2 354,3 373,0 271,0
Interbanking operations (domestic currency)          
- Amount (millions of US dollars) 173,8 144,8 134,9 167,4 109,4
Interes rates          
- Minimun 13,70% 12,00% 8,00% 6,00% 5,00%
- Maximun 17,50% 17,75% 14,00% 12,50% 9,50%
- Average 17,09% 14,69% 11,83% 8,71% 6,62%
Interbanking operations (foreign currency)          
- Amount (millions of US dollars) 55,3 61,5 88,4 124,1 140,3
Interes rates          
- Minimun 7,50% 7,75% 7,00% 7,50% 7,50%
- Maximun 8,30% 8,30% 8,10% 8,15% 8,15%
- Average 7,93% 7,95% 7,95% 7,93% 7,93%
Commercial Banks operations in the foreign exchange market (millions of US dollars)          
Spot net purchases -11,0 21,5 -8,2 35,2 -2,5
Forwards net purchase - 0,5 6,4 5,0 -5,6 --
Total spot operations 204,8 304,2 170,5 332,3 265,8
Total forward operations 5,2 15,9 16,2 14,8 35,4

1/ Profit rate to the buyer

Last Updated on 3/16/98