Repos, CDPs and Certibonos: the quetzal yield curve
- Local and multilateral financing
- Where the credit comes from
- Audited
According to the BVN's monthly report for July 2025, exchange-traded repos at 1-4 days yielded a weighted 4.31% in quetzales and 4.40% in dollars. Banguat's short CDP curve ran from 5.22% at 0.1 years to 6.04% at 1.6 years, and Certibonos (the long quetzal curve) yielded 6.25% at 4.8 years, 6.60% at 7 years, 6.90% at 12.8 years and 7.16% at 19.7 years. That local sovereign curve is the pricing reference for any corporate debt in quetzales.
The research is written in English; quoted figures, source names and the titles of legal instruments stay in the language their source published them in.
Figures
- GTQ repos, 1-4 days (weighted)
- 4.31%
- US$ repos, 1-4 days (weighted)
- 4.40%
- Banguat CDPs, short GTQ curve
- 5.22% at 0.1 years → 6.04% at 1.6 years
- Certibonos, long GTQ curve
- 6.25% at 4.8 years; 6.60% at 7 years; 6.90% at 12.8 years; 7.16% at 19.7 years
Sources
Related records
This layer is research: read from public sources by the archive's own team, every claim cited with the date it was consulted, and audited where it is marked so. It has not entered the verified store — no figure here was fetched back from its source or stamped with a retrieval time — so it wears no red provenance numeral and never mixes with the verified figures.