This week the basic passive rate increased to 5.20%, according to data released on Wednesday by the Central Bank.
The indicator remains at a low level not seen in eight years, when it dropped to 4,25%.
This week’s increase is the result of a rise in the interest paid by public banks, cooperatives and mutuals for all periods.
The basic rate is used by banks for calculating quotas of long-term loans in colones. It also serves as a reference for the payment of coupons investments.