Country risk down to 120 basis points

On August 27-September 4, the country risk indicator —measured by the EMBIG Peru spread— fell from 129 to 120 bps, the Central Reserve Bank (BCR) has informed. In the same period, the EMBIG LatinAmerica spread fell 53 bps to 504 bps amid increased expectations of declining trade tensions between China and the United States.

On September 4, 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 3.26%, while the prime rate in U.S. Dollars recorded 2.92%.

Fuente: Andina https://andina.pe/ingles/noticia-peru-country-risk-down-to-120-basis-points-765987.aspx

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