Monetary and Foreing Exchange Operations - November 1998

CENTRAL BANK CERTIFICATES OF DEPOSIT (CDBCRP) In millions of nuevos soles Monday 16 Tuesday 17 Wednesday 18 Tuesday 19 Friday 20
Stock of CDBCRP 456,0 436,0 436,0 436,0 436,0
Next due date of CDBCRP (November 25, 1998) 20,0 40,0 40,0 40,0 40,0
Amount of CDBCRP 135,0 115,0 115,0 115,0 115,0
Outcome of the auction sale ( due 1 week)          
- Proposals received          
- Proposals accepted          
Interest rates accepted          
- Minimum          
- Maximum          
- Average          
Outcome of the auction sale (due 4 weeks)          
- Proposals received 99,7        
- Proposals accepted 30,0        
Interest rates accepted          
- Minimum 19,75%        
- Maximum 20,34%        
- Average 20,08%        
Outcome of the buying auction sale CDBCRP (Repo)          
- Proposals received          
- Proposals accepted          
Interest rates accepted          
- Minimum          
- Maximum          
- Average          
Secondary Market of CDBCRP          
Amount traded          
Interest rates 1/          
- Minimum          
- Maximum          
- Average          
SHORT TERM CREDITS (with CDBCRP guarenteed)          
- Amount (millions of nuevos soles)          
- Interest rates          
SHORT TERM CREDITS (with CDBCRP guarenteed)          
- Amount (millions of US dollars) 85,2 86,1 85,8 17,0 25,2
- Interest rates 11,80% 13,05% 12,89% 11,00% 12,52%
SWAPS OPERATIONS OF FOREIGN CURRENCY          
- Amount (millions of US dollars) 3,0 1,5 10,2 2,0 5,8
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)          
- Average exchange rate (S/. US$)          
OTHER INDICATORS          
Commercial bank current account in the BCRP (Stock in millions of nuevos soles) 335,4 190,7 227,6 137,3 60,8
Interbanking operations (domestic currency)          
- Amount (millions of Soles) 173,7 157,8 132,1 188,8 243,9
Interes rates          
- Minimun 3,00% 8,00% 9,00% 8,00% 12,00%
- Maximun 15,00% 18,00% 18,50% 18,00% 25,00%
- Average 9,34% 12,39% 13,66% 11,72% 15,96%
Interbanking operations (foreign currency)          
- Amount (millions of US dollars) 91,6 66,3 86,8 97,2 132,0
Interes rates          
- Minimun 10,00% 9,00% 6,00% 6,00% 6,00%
- Maximun 17,88% 17,88% 17,88% 17,88% 17,00%
- Average 11,80% 13,05% 12,89% 10,56% 12,52%
Commercial Banks operations in the foreign exchange market (millions of US dollars)          
Spot net purchases -5,9 -14,7 -7,3 -4,5 -14,5
Forwards net purchase 4,0 9,5 -2,8 7,7 8,1
Total spot operations 157,2 208,6 216,1 210,8 212,3
Total forward operations 24,7 28,7 27,5 21,2 34,0
1/ Profit rate to the buyer