Purchases / Sales of TES and Foreign Currencies, and TES Portfolio Holdings by Banco de la República

  • Banco de la República (the Central Bank of Colombia, BanRep) informs that in December 2022 it made outright purchases of TES B in the market for COP $79.2 b (value at market prices). These purchases were made in response to the difference between the projections of supply and demand of the monetary base, as well as to help in keeping the Overnight Benchmark Banking Indicator (IBR by its acronym in Spanish) aligned with the monetary policy rate determined by the Board of Directors of the Central Bank.

    At the end of December 2022, the outstanding balance of TES held by BanRep was COP $35,909.3 b (value at market prices).

    BanRep’s TES portfolio (expressed in nominal terms) is composed of peso-denominated TES (COP $39,230.0 b) and UVR-denominated TES (UVR 19.1 b).

    In January 2022, none of the TES B held by BanRep expires.

  • The TES portfolio holdings of BanRep at the end of June 2022 are presented below:

Up to 2 years: - -
From 2 to 5 years: 7,257.6 1.83
Greater than 5 years: 20,894.9 15.1
TOTAL 28,152.5 16.9
Nominal Value, COP billion    
  • Regarding the foreign exchange market, in December 2022, BanRep did not perform any sale or purchase.
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