©image:
www.bccr.fi.cr
Source:
elfinancierocr.com
Thursday, May 7, 2009
The decrease came after it had remained stable at 11.50% for the last three weeks.
The above is according what the Central Bank of Costa Rica published.
Edgard Delgado Montoya wrote in the El Financiero website: "The TBP (Base Passive Rate) is an average of the rates collected by financial intermediaries, the Central Bank and the Ministry of Finance, at terms between five and seven months. It is an important indicator because it shows the average yield received by investors for those terms."
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