The basic passive rate (TBP) will drop 5 basis points for the second consecutive week. It will stand at 4.50% from Thursday, March 16th.
The indicator is still 105 basis points below the figure shown on the same date, a year earlier.
The decrease of this week was influenced by a fall in the rates of capture by private banks and cooperatives.
The basic rate serves as a reference for calculating the monthly installments of loans in colones.
During the past year, it reached the lowest levels of the last eight years. This behavior was influenced by the redefinition of its calculation and the reductions of the monetary policy rate (MPR) made by the Central Bank throughout the year.