04 April 2020 – Expanded eligibility for repo facility

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Financial markets and monetary policy
Sectors Involved:
Level of Jurisdiction: National
Lead People/Agency:

Overview: The Banco Central de Reserva del Peru expanded collateral and institutional eligibility for repo facility. The minimum risk rating for collateral has changed from A to B+. The minimum amount of loans that financial institutions can use as collateral in these operations was reduced from S / 500,000 to S / 300,000.
Full details here: https://www.bcrp.gob.pe/docs/Transparencia/Notas-Informativas/2020/nota-informativa-2020-04-04.pdf