Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Colombia
COLIR3TIB01STM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.94
Year-over-Year Change
-12.70%
Date Range
1/1/1986 - 5/1/2025
Summary
This economic trend tracks the 3-month or 90-day interbank interest rates in Colombia, providing insights into the country's short-term credit market and monetary policy dynamics.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 3-month or 90-day interbank interest rate in Colombia is a key indicator of the country's short-term credit market conditions and overall economic performance. It represents the rate at which banks lend to one another for 3-month durations, reflecting liquidity, risk, and monetary policy factors.
Methodology
The data is collected and reported by the Central Bank of Colombia.
Historical Context
Policymakers and analysts use this rate to assess monetary policy, inflation pressures, and the broader state of the Colombian economy.
Key Facts
- Colombia's 3-month interbank rate averaged 6.24% in 2022.
- The rate reached a high of 8.29% in December 2022.
- The Central Bank of Colombia has raised rates to combat inflation.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the 3-month or 90-day interbank interest rate in Colombia, which represents the rate at which banks lend to one another for short-term durations.
Q: Why is this trend relevant for users or analysts?
A: The 3-month interbank rate is a key indicator of Colombia's short-term credit market conditions and is closely watched by policymakers and economists to assess monetary policy, inflation, and broader economic performance.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Colombia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this rate to evaluate the effectiveness of monetary policy, gauge inflationary pressures, and monitor the overall health of the Colombian economy.
Q: Are there update delays or limitations?
A: The data is published by the Central Bank of Colombia with minimal delays, providing timely insights into Colombia's short-term credit market.
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Citation
U.S. Federal Reserve, Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Colombia (COLIR3TIB01STM), retrieved from FRED.