Monetary and foreign exchange operations - March 1998

CENTRAL BANK CERTIFICATES OF DEPOSIT (CDBCRP) In millions of nuevos soles Monday 16 Tuesday 17 Wenesday 18 Thursday 19 Friday 20
Stock of CDBCRP 845,0 845,0 845,0 845,0 845,0
Next due date of CDBCRP ( April 01, 1998) 250,0 250,0 250,0 250,0 250,0
Amount of CDBCRP 540,0 540,0 540,0 540,0 540,0
Outcome of the auction sale (due 12 weeks)          
- Proposals received -- -- -- -- --
- Proposals accepted -- -- -- -- --
Outcome of the auction sale (due 8 weeks)          
- Proposals received -- -- -- -- --
- 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     147,4 110,5 72,5
- Proposals accepted     50,0 70,0 17,5
Interest rates accepted          
- Minimum     18,01% 18,06% 14,90%
- Maximum     18,06% 18,53% 16,75%
- Average     18,04% 15,35% 16,27%
Secondary Market of CDBCRP          
Amount traded 15,0 1,1 9,8 7,4 16,6
Interest rates 1/          
- Minimum 16,90% 16,95% 15,80% 13,35% 13,30%
- Maximum 17,21% 16,95% 18,06% 16,88% 17,10%
- Average 17,13% 16,95% 18,04% 15,35% 15,83%
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) 8,0 8,0 8,0 15,0 5,0
- Average exchange rate (S/. US$) 2801,000 2797,000 2794,000 2791,000 2807,000
OTHER INDICATORS          
Commercial bank current account in the BCRP (Stock in millions of nuevos soles) 289,8 267,5 123,4 95,7 50,7
Interbanking operations (domestic currency)          
- Amount (millions of US dollars) 147,6 200,1 190,4 191,5 180,8
Interes rates          
- Minimun 5,00% 6,00% 12,00% 16,00% 15,00%
- Maximun 7,00% 9,00% 18,10% 20,00% 18,00%
- Average 6,19% 6,74% 17,41% 18,29% 16,45%
Interbanking operations (foreign currency)          
- Amount (millions of US dollars) 61,4 58,2 77,0 48,0 48,5
Interes rates          
- Minimun 7,00% 7,50% 7,40% 6,80% 6,50%
- Maximun 8,00% 7,95% 7,95% 7,80% 7,60%
- Average 7,78% 7,69% 7,62% 7,41% 7,05%
Commercial Banks operations in the foreign exchange market (millions of US dollars)          
Spot net purchases -3,2 26,0 31,2 -12,5 4,6
Forwards net purchase 2,1 -20,0 -6,0 -1,2 5,2
Total spot operations 187,9 224,1 245,8 270,1 284,6
Total forward operations 14,4 47,3 13,0 26,1 31,2

1/ Profit rate to the buyer

Last Updated on 3/24/98