Andina

Peru: Country risk down to 109 basis points

09:08 | Lima, Sep. 16.

On September 4-11, the country risk indicator —measured by the EMBIG Peru spread— fell from 120 to 109 bps, the Central Reserve Bank (BCR) has informed.

In the same period, the EMBIG LatinAmerica spread fell 16 bps to 488 bps amid expectations of lower trade tensions between China and the United States.

On September 11, the interbank interest rate in Peruvian Soles showed an annual rate of 2.51%, and this rate in US Dollars registered 2.25%.

On the same date, the 90-day corporate prime rate –the interest rate charged by commercial banks to lower risk businesses– in Soles was 3.51%, while the prime rate in U.S. Dollars recorded 2.87%.

(END) NDP/MVB


Published: 9/16/2019
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