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The 90-Day DTF Interest Rate: Why Does It Remain Constant?

Peter
Rowland
Miércoles, 1 Febrero 2006

The 90-day DTF rate is the main benchmark interest rate in Colombia. Since mid-July 2002 this rate has remained more or less constant at around 7.8 percent. More importantly, it did not react to any of two 100-basis-point increases in the overnight repo