MONETARY AND FOREIGN EXCHANGE OPERATIONS

( February 1999)
CENTRAL BANK CERTIFICATES OF DEPOSIT (CDBCRP) In millions of nuevos soles Monday 15 Tuesday 16 Wednesday 17 Thursday 18 Friday 19
Stock of CDBCRP 590,8 590,8 590,8 510,8 460,8
Next due date of CDBCRP (March 03, 1999)       50,0 61,0
Amount of CDBCRP       50,0 0,0
Auction sale of the Banco de la Nacion deposits          
- Proposals received         137,0
- Proposals accepted         120,0
Interest rates accepted          
- Minimum         21,63%
- Maximum         29,50%
- Average         23,97%
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 122,0 81,0 130,6 230,9 310,9
- Proposals accepted 80,0 70,0 80,0 160,0 250,0
Interest rates accepted          
- Minimum 22,03% 22,52% 21,51% 20,12% 22,00%
- Maximum 22,03% 23,05% 25,02% 25,15% 25,12%
- Average 22,03% 22,53% 23,60% 24,64% 22,39%
Secondary Market of CDBCRP          
Amount traded     35,2   2,0
Interest rates 1/          
- Minimum     21,50%   22,00%
- Maximum     22,74%   22,00%
- Average     22,02%   22,00%
SHORT TERM CREDITS (with CDBCRP guarenteed)          
- Amount (millions of nuevos soles) 12,8 150,0   37,3 37,3
- Interest rates 24,01% 25,11%   29,35% 29,35%
SHORT TERM CREDITS (with CDBCRP guarenteed)          
- Amount (millions of US dollars)          
- Interest rates          
SWAPS OPERATIONS OF FOREIGN CURRENCY          
- Amount (millions of US dollars) 1,0 1,4 1,8 0,5 0,6
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) 88,7 292,6 97,6 70,8 108,9
Interbanking operations (domestic currency)          
- Amount (millions of Soles) 171,9 131,6 232,1 179,3 174,8
Interes rates          
- Minimun 19,50% 22,00% 22,50% 24,00% 23,50%
- Maximun 25,00% 26,50% 26,50% 30,50% 32,00%
- Average 22,44% 23,39% 24,92% 26,41% 26,64%
Interbanking operations (foreign currency)          
- Amount (millions of US dollars) 132,0 139,9 151,9 121,4 123,4
Interes rates          
- Minimun 5,00% 5,00% 4,00% 4,50% 4,50%
- Maximun 10,75% 10,75% 10,75% 10,75% 10,75%
- Average 9,74% 9,17% 8,64% 9,08% 9,09%
Commercial Banks operations in the foreign exchange market (millions of US dollars)          
Spot net purchases 8,5 3,9 5,3 16,2 7,5
Forwards net purchase -8,5 -4,1 -3,1 -3,3 -2,5
Total spot operations 143,1 167,8 155,0 168,6 145,8
Total forward operations 19,5 5,1 4,2 8,0 11,8
1/ Profit rate to the buyer