Andina

Peru: Country risk at 113 basis points

10:27 | Lima, Jan. 20.

In the week of January 8-15, Peru's country risk indicator —measured by the EMBIG Peru spread— stood at 113 bps, the Central Reserve Bank has reported.

In the same period, the EMBIG LatinAmerica spread rose 6 bps to 355 bps, within a context awaiting trade negotiations between the United States and China.

Interbank interest rate

On January 15, the interbank interest rate in Peruvian Soles showed an annual rate of 2.25% and this rate in U.S. Dollars registered 1.75%.

On the same date, the 90-day corporate prime rate —the interest rate charged by commercial banks to lower risk businesses— in Soles was 3.27%, while the prime rate in Dollars recorded 2.62%.

Moreover, the interest rate on mortgage loans in Soles stood at 7.9% percent, whereas this rate on loans in Dollars was 6.9%.

(END) NDP/MVB

Published: 1/20/2020
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