On April 10-16, Peru's country risk indicator —measured by the EMBIG Peru spread— declined from 125 to 118 bps, Central Reserve Bank (BCR) has reported.
In the same period, the EMBIG Latin America spread declined 7 bps to 480 bps amid optimism associated with trade negotiations between China and the USA.
Interbank interest rate
On April 16, the interbank interest rate in Peruvian Soles showed an annual rate of 2.75%, and this rate in US Dollars was 2.50%.
On the same date, the average 90-day corporate prime rate –the interest rate charged by commercial banks to lower risk businesses– in Peruvian Soles registered 4.01%, while the prime rate in US Dollars recorded 3.08%.
(END) NDP/MVB