The
Central Reserve Bank has reported that —as of April 28— the yield curve of its Certificates of Deposit (CD BCRP) showed higher rates in most bonds, except in the 18‐month bonds.
The shape of this yield curve is influenced by expectations of future monetary policy rates and by liquidity conditions in the market.
BCRP 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: 5/5/2021