The Chamber of Banking and Financial Institutions (CBIF) has published the second calculation of the Interbank Reference Rate (TRI by its initials in Spanish), an indicator that defines the interest rates for market credit operations.

The rate in colones starts at 0.72% for one month and ends at 6.90% for 12 months. In dollars, it is located between 0.16% for one month and reaches 3.86% for 12 months.

TRI Rate -Colones - Dollars

TRI Rate 1 month – 0.72% – 0.16%
TRI Rate 3 months – 3.59% – 1.16%
TRI Rate 6 months – 5.51% – 3.26%
TRI Rate 9 months – 6.22% – 2.94%
TRI Rate 12 months – 6.90% – 3.86%

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More on this topic

Costa Rica: Terms for Interbank Reference Rates

December 2016

From December 7th the TRI rate curve will change from 5 to 9 nodes, namely: TRI at 1 week, TRI at 1, 3, 6, 9, 12, 24, 36 and 60 months in colones and dollars.

From a statement issued by the Chamber of Banks and Financial Institutions:

San Jose Costa Rica.

Costa Rica: Inter-bank Rate April 8, 2016

April 2016

The range of the benchmark rate in colones is from 0.76% for one month, to 7.39% for 12 months, and in dollars is between 0.60% for one month, and 4.17% for 12 months.

The Chamber of Banking and Financial Institutions (CBIF) has published the second calculation of the Interbank Reference Rate (TRI by its initials in Spanish), an indicator that defines the interest rates for market credit operations.

Costa Rica: Interbank Rate in Colones and Dollars

March 2016

The range for the rate in colones is from 0.62% to 6.96% in 12 months and for dollars it is between 0.60% to 4.19% over 12 months.

The first calculation of the Interbank Reference (TRI by its initials in Spanish) by the Chamber of Banks and Financial Institutions (CBIF) notes that in colones the rate starts at 0.62% for one month and ends at 6.96% for 12 months.

Costa Rica: Interbank Reference Rate Also in Dollars

February 2016

Along with the interbank reference rate in colones, which the Chamber of Banks and Financial Institutions will begin publishing on March 23, another reference rate will be added, but in dollars.

From a statement issued by the Banking Association of Costa Rica:

San Jose Costa Rica.