Where do the profits produced by Banco de la República come from?

The profits are the product of returns on foreign reserves, among other sources, including returns on public securities held by the Bank and interest that the Bank charges financial intermediaries for liquidity supply operations. The management of foreign reserves consists of investing them following the principles of security, liquidity, and profitability. Most of the reserves are invested in highly safe and easily sellable financial assets, such as government bonds and securities issued by government-related entities that are economically sound.