Country risk down to 125 basis points

On October 9-16, Peru’s country risk indicator —measured by the EMBIG Peru spread— fell from 129 to 125 bps, the Central Reserve Bank has reported.

In the same period, the EMBIG LatinAmerica spread fell 12 bps to 458 bps amid better prospects for the trade negotiations between China and the United States.

On September 16, the interbank interest rate in Peruvian Soles showed an annual rate of 2.50%, and this rate in US Dollars registered 2.00%.

On the same date, the 90-day corporate prime rate —the interest rate charged by commercial banks to lower risk businesses— in Soles was 3.44%, while the prime rate in Dollars recorded 2.73%.

 

Fuente: Andina https://andina.pe/ingles/noticia-peru-country-risk-down-to-125-basis-points-770261.aspx

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