The 90-day DTF interest rate: why does it remain constant?

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Borradores de Economía; No. 371

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2006-02-09

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2006-02-09

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spa
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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

Abstract

The 90-day DTF rate is the main benchmark interest rate in Colombia. Since mid-July 2002 this rate has remained more or less constant at around 7.8 percent. More importantly, it did not react to any of two 100-basis-point increases in the overnight repo

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Esta obra está bajo licencia internacional Creative Commons Reconocimiento-NoComercial 4.0.

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