Colombia central bank holds rate at 12.25%, inflation at 6.3%
Published 1 d ago3 sourcesEvidence: Reported
Colombian banks are offering high-yield 360-day certificates of deposit (CDTs), with Banco Pichincha leading at over 13%, and Banco W and KOA Compañía de Financiamiento at 13.17%. This reflects elevated local interest rates, likely tied to the central bank's policy stance, and signals a competitive savings environment for investors.
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