MONETARY AND FOREIGN EXCHANGE OPERATIONS

( May 1999)
CENTRAL BANK CERTIFICATES OF DEPOSIT (CDBCRP) In millions of nuevos soles Monday 24 Tuesday 25 Wednesday 26 Thursday 27 Friday 28
Stock of CDBCRP 760.0 760.0 760.0 760.0 760.0
Next due date of CDBCRP (May 31, 1999) 30.0 30.0 30.0 30.0 30.0
Amount of CDBCRP 30.0 30.0 30.0 30.0 30.0
Auction sale of the Banco de la Nacion deposits          
- Proposals received          
- Proposals accepted          
Interest rates accepted          
- Minimum          
- Maximum          
- Average          
Outcome of the auction sale          
- Proposals received          
- Proposals accepted          
Interest rates accepted          
- Minimum          
- Maximum          
- Average          
Outcome of the buying auction sale CDBCRP (Repo)          
- Proposals received 228.0 192.0 114.5 80.0  
- Proposals accepted 130.0 50.0 50.0 20.0  
Interest rates accepted          
- Minimum 15.53% 17.25% 18.10% 19.04%  
- Maximum 16.79% 18.06% 18.74% 19.04%  
- Average 16.00% 17.84% 18.39% 19.04%  
Secondary Market of CDBCRP          
Amount traded         26.0
Interest rates 1/          
- Minimum         13.25%
- Maximum         15.00%
- Average         13.61%
SHORT TERM CREDITS (with CDBCRP guarenteed)          
- Amount (millions of nuevos soles)       20.0  
- Interest rates       20.47%  
SHORT TERM CREDITS (with CDBCRP guarenteed)          
- Amount (millions of US dollars)          
- Interest rates          
SWAPS OPERATIONS OF FOREIGN CURRENCY          
- Amount (millions of US dollars)          
Fee (daily efective rate) 0.0241% 0.0241% 0.0241% 0.0241% 0.0241%
PURCHASES OF FOREIGN CURRENCY AT OVER-THE-COUNTER          
- Amount (millions of US dollars)         13.0
- Average exchange rate (S/. US$)         3.3266
OTHER INDICATORS          
Commercial bank current account in the BCRP (Stock in millions of nuevos soles) 107.3 86.0 100.6 182.4 176.0
Interbanking operations (domestic currency)          
- Amount (millions of Soles) 276.8 253.7 232.2 222.4 277.7
Interes rates          
- Minimun 15.00% 16.00% 17.00% 15.00% 10.00%
- Maximun 24.00% 26.00% 25.00% 22.50% 25.00%
- Average 17.80% 19.96% 19.26% 18.06% 15.68%
Interbanking operations (foreign currency)          
- Amount (millions of US dollars) 132.5 98.5 143.0 157.5 145.0
Interes rates          
- Minimun 5.25% 5.25% 5.00% 5.00% 5.00%
- Maximun 9.25% 9.75% 9.25% 9.25% 9.25%
- Average 7.37% 7.19% 7.22% 7.38% 7.41%
Commercial Banks operations in the foreign exchange market (millions of US dollars)          
Spot net purchases -5.3 2.2 -7.6 3.2 26.0
Forwards net purchase -25.8 -1.4 -5.6 -0.6 -24.4
Total spot operations 152.2 215.8 162.8 179.6 213.6
Total forward operations 28.3 6.8 13.6 5.6 33.3
1/ Profit rate to the buyer