Monetary and foreign exchange operations - June 1998

CENTRAL BANK CERTIFICATES OF DEPOSIT (CDBCRP)
In millions of nuevos soles
Monday 01 Tuesday 02 Wednesday 03 Thursday 04 Friday 05
Stock of CDBCRP 905,0 935,0 905,0 905,0 905,0
Next due date of CDBCRP (June 10, 1998) 60,0 30,0 100,0 30,0 30,0
Amount of CDBCRP 230,0 170,0 140,0 140,0 140,0
Outcome of the auction sale (due 12 weeks)          
- Proposals received -- -- -- -- --
- Proposals accepted -- -- -- -- --
Outcome of the auction sale (due 8 weeks)          
- Proposals received 198,4 183,2 -- -- --
- Proposals accepted 100,0 90,0 -- -- --
Interest rates accepted          
- Minimum 14,00% 14,60% -- -- --
- Maximum 14,60% 14,97% -- -- --
- Average 14,55% 14,88% -- -- --
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 53,5 4,5 23,2 5,0 19,3
Interest rates 1/          
- Minimum 13,56% 14,87% 14,50% 14,50% 14,08%
- Maximum 14,98% 14,87% 15,19% 14,50% 14,98%
- Average 14,57% 14,87% 14,97% 14,50% 14,57%
INTEREST RATE FOR SHORT TERM CREDITS          
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) -- -- -- -- --
- Average exchange rate (S/. US$) -- -- -- -- --
OTHER INDICATORS          
Commercial bank current account in the BCRP (Stock in millions of nuevos soles) 115,1 143,1 171,7 139,1 163,4
Interbanking operations (domestic currency)          
- Amount (millions of Soles) 208,9 199,8 136,4 220,5 204,0
Interes rates          
- Minimun 11,50% 14,90% 16,50% 17,50% 17,50%
- Maximun 15,10% 17,75% 17,80% 19,50% 19,50%
- Average 14,32% 16,67% 17,30% 18,41% 18,74%
Interbanking operations (foreign currency)          
- Amount (millions of US dollars) 30,8 36,6 56,9 68,5 111,5
Interes rates          
- Minimun 6,50% 6,50% 7,00% 7,50% 7,50%
- Maximun 8,00% 8,00% 8,25% 8,50% 9,00%
- Average 7,18% 7,56% 7,72% 8,03% 8,19%
Commercial Banks operations in the foreign exchange market (millions of US dollars)          
Spot net purchases -7,7 -1,6 -36,6 18,20 17,10
Forwards net purchase -9,5 -0,8 -30,0 -4,50 -21,60
Total spot operations 186,7 185,9 248,2 229,20 248,20
Total forward operations 22,3 20,1 51,4 15,60 81,60
1/ Profit rate to the buyer

Last Update 07/06/1998
By GERENCIA DE ESTUDIOS ECONOMICOS