The
Central Reserve Bank has reported that —as of January 13, 2021— the yield curve of its Certificates of Deposit (CD BCRP) showed a performance similar to that observed at the end of December.
The shape of this yield curve was influenced by expectations of future monetary policy rates and liquidity conditions in the market.
The Central Reserve Bank's Certificates of Deposit (CD BCRP) are a monetary sterilization instrument that can be traded in the market or used in interbank repos or in repos with the issuing entity.
(END) NDP/MVB
Published: 1/20/2021