Andina

Peru: Country risk falls to 126 basis points in Nov 2019

09:16 | Lima, Dec. 9.

In November, the country risk indicator —measured by the EMBIG Peru spread— fell from 131 to 126 bps, the Central Reserve Bank has reported.

Moreover, the EMBIG LatinAmerica spread fell 30 bps to 394 bps within a context of optimism regarding the new trade negotiations between the United States and China.

Interbank interest trade

At the end of November, 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 3.21%, while the prime rate in Dollars recorded 2.67%.

(END) MVB

Published: 12/9/2019
Most read