Intelligence Feed event · Macro · 2026-10-01

    Banco de la República raises its benchmark rate 25 basis points to 12.25%

    Question

    Banco de la República raises its benchmark rate 25 basis points to 12.25%

    Direct answer

    Higher policy rates support COP and weigh on COLOM and local-rate duration; the move also raises funding costs for Colombian corporates and sovereign borrowing.

    Original publisher
    Market Ontology
    Evidence through
    2026-10-01
    Published
    2026-10-20
    Revision
    1 · 2026-10-20

    Cite as: Market Ontology, “Banco de la República raises its benchmark rate 25 basis points to 12.25%”, revision 1, evidence through 2026-10-01. https://marketontology.com/market-events/2026-10-01/banco-de-la-rep-blica-raises-its-benchmark-rate-25-basis-points-to-12-25-bb3ca9

    MACRO
    Banco de la República raises its benchmark rate 25 basis points to 12.25%
    Higher policy rates support COP and weigh on COLOM and local-rate duration; the move also raises funding costs for Colombian corporates and sovereign borrowing.
    COPCOLTESCOLCAP
    Impact
    79
    OCT 1
    SIG
    COPCOLTESCOLCAP
    Banco de la República raises its benchmark rate 25 basis points to 12.25%
    Higher policy rates support COP and weigh on COLOM and local-rate duration; the move also raises funding costs for Colombian corporates and sovereign borrowing.
    Impact
    Higher policy rates support COP and weigh on COLOM and local-rate duration; the move also raises funding costs for Colombian corporates and sovereign borrowing.
    Affected
    COPCOLTESCOLCAP
    Source facts

    How this development reaches the affected companies

    AssetExposure and channelDirectionEvidence
    COPa surprise rate hike widens the carry advantage versus lower-yield peersUp1-5dBanco de la República raised the reference rate to 12.25%
    COLTEShigher policy rates lift discount rates and pressure local fixed-income pricesDown1-5dthe central bank increased its benchmark rate by 25 bps
    COLCAPtighter monetary policy raises financing costs for domestically exposed stocksDown1-5dthe rate was lifted to the highest level since February 2024

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    What happened next

    AssetCallBase close+1 day+5 days+20 days
    COPUpagreed127.06 2026-10-01-0.24%+5.61%Pending

    Closing prices from stored daily bars; returns measured from the last close on or before the event date. Not a recommendation.

    Sources

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