Banco de la República
Banco de la República keeps interest rate at 9.25%
AI에 의해 보고됨 AI에 의해 생성된 이미지
The Banco de la República decided to keep the interest rate at 9.25% for October 2025, citing inflation rising for the third consecutive month. President Gustavo Petro reacted by stating that rates will only fall with the next board appointment. Manager Leonardo Villar clarified that the next appointment is scheduled for February 2029.
Colombia's Public Credit Directorate awarded one-year TES bonds at a cut-off rate of 13.494% in the March 24 auction, setting a new historical high. With 5.29% inflation, this yields a real rate near 8.2%. The outcome signals heightened fiscal risk perception among investors.
AI에 의해 보고됨
GOU Payments, a Grupo Aval company, has received certification from Banco de la República to operate in the Bre-B instant payments system. The approval verifies its technological, operational, and security capabilities for 24/7 instant payments. The fintech aims to boost financial inclusion in Colombia.