Open Maket Operations (OMO)

The Central Bank’s main monetary policy instruments to intervene the monetary market (that is, to increase or decrease the amount of money in the economy) are open market operations (OMO). Whenever it is necessary to increase liquidity (in other words, to increase the amount of money circulating in the Colombian monetary market) Banco de la República purchases securities or bonds. Thus, the Bank injects money into the Colombian economy. This type of operations are known as expansion open market operations. On the contrary, whenever the Central Bank requires to reduce the existing liquidity (to collect money from the Colombian market), it sells securities or receives deposits, thus collecting money out of the market. These operations are called contraction open market operations.

File Formats		Intervention Rates
		Historical Series - Summary  (Available since april 6th, 1995)
		Historical Series - Daily  (Available since january 4th, 1999)