Source: Banco Central de Costa Rica.
Notes:
n1/ Prior to January 4, 2021, it was equivalent to the Monetary Policy Rate plus a margin defined by the Markets Commission between 700 and 1,200 basis points. Thus, a margin was added to the lower limit corresponding to half the difference between the rediscount rate and the rate of the permanent credit facility in the 84-day MIL. (approved by the Board of Directors of the BCCR through article 3, numeral 1, of the minutes of the session 5834-2018, of July 20, 2018).
n2/ As of January 4, 2021, it is equivalent to the Monetary Policy Rate plus a margin of 10 percentage points (approved by the Board of Directors of the BCCR through article 7, of the minutes of the session 5977-2020, held on December 18 2020).
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