MONETARY AND FOREIGN EXCHANGE OPERATIONS
 
(June / July 1999)
CENTRAL BANK CERTIFICATES OF DEPOSIT (CDBCRP) In millions of nuevos soles Monday 28 Wednesday 30 Thursday 01 Friday 02
Stock of CDBCRP 949.9 869.9 829.9 829.9
Next due date of CDBCRP (July 05, 1999) 80.0 120.0 70.0 70.0
Amount of CDBCRP 80.0 210.0 90.0 90.0
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     228.4  
- Proposals accepted     80.0  
Interest rates accepted        
- Minimum     12.90%  
- Maximum     13.31%  
- Average     13.12%  
Outcome of the buying auction sale CDBCRP (Repo)        
- Proposals received 124.5      
- Proposals accepted 120.0      
Interest rates accepted        
- Minimum 11.87%      
- Maximum 12.27%      
- Average 12.04%      
Secondary Market of CDBCRP        
Amount traded 21.2 16.8 21.6 20.0
Interest rates 1/        
- Minimum 10.00% 12.00% 11.50% 11.00%
- Maximum 15.00% 12.95% 13.23% 12.00%
- Average 12.20% 12.10% 12.61% 11.75%
SHORT TERM CREDITS (with CDBCRP guarenteed)        
- Amount (millions of nuevos soles)        
- Interest rates        
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%
PURCHASES OF FOREIGN CURRENCY AT OVER-THE-COUNTER        
- Amount (millions of US dollars) 5.0 5.0 15.0  
- Average exchange rate (S/. US$) 3.336 3.332 3.330  
OTHER INDICATORS        
Commercial bank current account in the BCRP (Stock in millions of nuevos soles) 96.3 135.7 164.3 207.9
Interbanking operations (domestic currency)        
- Amount (millions of Soles) 216.8 227.2 256.0 244.2
Interes rates        
- Minimun 10.00% 10.00% 9.00% 9.00%
- Maximun 15.75% 15.75% 15.50% 15.50%
- Average 13.25% 11.42% 11.43% 11.55%
Interbanking operations (foreign currency)        
- Amount (millions of US dollars) 52.0 33.3 72.4 66.5
Interes rates        
- Minimun 6.00% 5.50% 6.00% 6.00%
- Maximun 9.00% 9.00% 9.50% 8.50%
- Average 7.47% 7.89% 7.63% 7.42%
Commercial Banks operations in the foreign exchange market (millions of US dollars)        
Spot net purchases 2.8 -15.4 3.9 -4.3
Forwards net purchase -34.8 0.5 -1.2 -8.1
Total spot operations 100.7 135.7 107.8 117.6
Total forward operations 37.3 5.4 4.6 16.4
1/ Profit rate to the buyer