Purchases / Sales of TES, Foreign Exchange, and TES Portfolio Holdings by Banco de la República

You might also like
Informe de operaciones de compra venta de divisas por parte del Banco de la República
Intervención en el mercado cambiario
Publication Date:
Friday, 09 April 2021
13:00
  • Banco de la República (the Central Bank of Colombia, BanRep) hereby informs that in March 2021 it made outright sales of TES B in the secondary market for $3,192.8 billion (value at market prices). As requested by the Ministry of Finance and Public Credit, on 31 March, BanRep transferred TES from its monetary portfolio to the Ministry for $3,506.2 b (value at market prices) as a partial payment of the Bank’s profit in 2020.

At the end of March 2021, the outstanding balance of TES held by BanRep was $13,342.8 b (value at market prices).

The TES portfolio of BanRep (expressed in nominal terms) is composed of peso-denominated TES (COP $10,826.0 b) and UVR-denominated TES (UVR 5.5 b).

In April 2021, none of the TES B held by BanRep expires.

  • Regarding the foreign exchange market, in March 2021, BanRep did not purchase or sell foreign currencies. Also, BanRep did not renew the Non-Delivery Forward contracts.