Studies in Economic Statistics N° 8: Política monetaria y tasas de interés: una aproximación empírica
Interest rates
Interest Rates
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The financial system’s interest rate statistics are weighted average rates, which correspond to actual operations of loan granting by banking companies, as well as to the fund collection through deposits and bonds issuance. Regarding placement, the rates of commercial, foreign trade, consumption and housing loans are presented. The series of collection and deposits are reported according to terms and type of currency, either national or foreign. These rates reflect the financing conditions of the local capital market.