Servicios

1. Artículos publicados en revistas internacionales indexadas
Artículo publicado en: Journal of Economic Dynamics and Control   
Artículo publicado en: Economics Letters, vol. 118, num. 1, pp. 29-32, 2013.   En este artículo se utiliza un enfoque de emparejamiento para probar la ley del precio único en las tasas de interés pasivas (activas) en Colombia. Los resultados indican que cuando los bancos son de diferentes…
Artículo publicado en: Economic Modelling (Elsevier), vol. 29, num. 5, pp. 1612-1617, 2012.  
Artículo publicado en: Portuguese Economic Journal, vol. 12, num. 1, pp. 35-56, 2013.
Artículo publicado en: Managerial and Decision Economics, doi: 10.1002/mde.2610, 2013.  
1. Basic Concepts
1. Who are considered residents and non-residents for foreign exchange purposes?2. What is a Foreign Exchange Transaction?3. What does it mean that a foreign exchange transaction must be negotiated and transferred through the foreign exchange market?4. Which transactions must be negotiated and…
1. Decisiones tomadas por la Junta Directiva
Banco de la República (the Central Bank of Colombia, BanRep) hereby informs that in July 2021 it did not make outright sales or purchases of TES B in the market.At the end of July 2021, the outstanding balance of TES held by BanRep was $10,487.0 b (value at market prices).The TES portfolio of…
1. Decisions reached by the Board of Directors (BDBR)
Banco de la República increased the allotment of liquidity auctions from $17 trillion to $20 trillion as of Tuesday, 17 March 2020. The $3 t increase is destined to expand the allotment for the auction of REPOS backed by private instruments, which will increase from the current $5 t to $8 t.…
In its extraordinary session on 23 March 2020, the Board of Directors of the Central Bank decided to inject permanent liquidity to the economy in order to ensure the proper operation of financial markets. To do so, the Board decided the following:
At its meeting today, the Board of Directors of the Central Bank (BDBR) decided to roll over the non-delivery forward contracts for the sale of US dollars through auctions held on the dates of maturing contracts until 30 October 2020.
At its meeting today, the Board of Directors of the Central Bank (BDBR) decided to roll over non-delivery forward contracts for the sale of US dollars through auctions held on the dates of maturing contracts until 25 September (i.e., the date of the Board's meeting in September).
The Board of Directors of Banco de la República (BDBR), in its session today, adopted measures that reinforce those taken in previous days to ensure liquidity of the economy both in US dollars and in pesos.
Banco de la República (the Central Bank of Colombia) hereby informs that as of today (16 April 2020) solidarity bonds will be included as eligible instruments in its liquidity operations (repo, definitive purchases, and the lender of last resort facility). The list of agents, eligible instruments,…
With the aim of increasing international reserves, and taking into account the monetization of US dollars foreseen by the National Government, the Central Bank of Colombia bought USD 2,000 million through the General Directorate of Public Credit and National Treasury of the Ministry of Finance and…
In its extraordinary session today, the Board of Directors of Banco de la República (the Central Bank of Colombia) decided to inject permanent liquidity to the economy by reducing reserve requirements as follows:
Banco de la República's board of directors (BDBR) on Feb. 25 approved the Bank's 2021 financial statements. The Bank's auditor general and the external auditing firm KPMG S.A.S. both issued unqualified opinions. The office of Colombia's financial superintendent previously authorized the financial…
With the purpose of reinforcing the adequate supply of liquidity to the economy and support the credit supply required by corporations and households, at its meeting today, the Board of Directors of the Central Bank of Colombia (BDBR) decided to maintain the REPO collateralized with bank credit…
With the purpose of reinforcing the adequate supply of liquidity to the economy and supporting the credit supply required by firms and households, the Board of Directors, at its meeting today, authorized the Central Bank to carry out repo operations collateralized with bank credit claims for up to…
The Board of Directors of Banco de la República, in an extraordinary session today with guest attendance of the Financial Superintendent, adopted measures to reinforce those taken in previous days to ensure liquidity in the economy in both pesos and US dollars and in financial markets in order to…
At its meeting today, the Board of Directors of Banco de la República (BDBR) decided to roll over Non-Delivery Forwards maturing in August through auctions to be held on maturity days. 
Banco de la República will roll over foreign-exchange hedging (NDF) with maturities in June through auctions. Also, it will continue to auction the non-allotted amount for authorized operations (NDF and Swaps).
Banco de la República’s board of directors decided on December 18 to hold the benchmark interest rate at 1.75%. The decision was based on the following considerations:
Banco de la República's board of directors (BDBR) in its meeting on July 30 voted by majority to hold the benchmark interest rate at 1.75%. The decision was based on the following considerations:
The board voted 4-3 to raise the benchmark interest rate by 25 basis points to 2.0%; the three dissenting board members voted for a 50-basis point increase. This decision was based on the following considerations:
The board voted 5-2 to raise the benchmark interest rate by 50 basis points to 2.5%; the two dissenting board members voted for a 25-basis point increase. This decision was based on the following considerations: