Peru - Money Market Rate

Peru: Money Market Rate

Mnemonic IRMM.IPER
Unit % Per annum, NSA
Adjustments Not Seasonally Adjusted
Data Nov 2021 1.72
Oct 2021 1.29

Series Information

Source Central Reserve Bank of Peru (BCRP)
Release Interest Rates
Frequency Monthly
Start Date 10/31/1995
End Date 11/30/2021

Peru: Markets

Reference Last Previous Units Frequency
Stock Market Index 07 Dec 2021 20,520 20,353 Index Dec 30 1991=100, NSA Business Daily
Treasury Bills (over 31 days) 06 Dec 2021 3.5 3.5 % Per annum, NSA Business Daily
Money Market Rate Nov 2021 1.72 1.29 % Per annum, NSA Monthly
Average Long-term Government Bond Oct 2021 5.95 6.34 % p.a., NSA Monthly
Lending Rate Jun 2017 4 4 % - End of period Monthly

Release Information

The Central Reserve Bank of Peru (BCRP) reports daily interest rates that are used in conjunction with monetary aggregates as short-term indicators of a country's economic state. Interest rates have an impact on the cost of credit and the financing of investments. The data set includes interest rates for Repurchase Agreements (Repos), re-discounts in both domestic and foreign currency, loans up to 360 days, interbank, and CDBCRPs stock. Figures are reported as average growth rates per year (% per annum) and are not seasonally adjusted (NSA).

Interbank rates are the interest rates of loans between financial companies. All commercial banks in Peru provide Superintendencia de Banca y Seguros (SBS) with rate information. Repurchase agreements (repos) are agreements to resell securities from CDRBP and the Treasury of Peru. Data for repos are available as overnight, one week, two weeks, one month, 3 months, and a total. Loans are funds given directly to a debtor (borrower) from a creditor (lender). Short-term loans (1 year or less) are reported in both foreign and domestic currency. Re-discount operation or monetary regulation cover temporary imbalances in liquidity of domestic banks. Re-discount interest rates are often high to promote interbank lending instead of borrowing from BCRP.

Data is not subject to revisions

For more information, please visit: Source Methodology.