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Banco de la República · Policy interest rate

Colombia · COP · Policy rate

The Banco de la República’s Policy interest rate is 12.00 %, last changed on 1 Jul 2026 when it was raised by 75 bp from 11.25 %.

12.00 %

Last change
raised +75 bp·
Previous rate
11.25 %
Next decision
Latest observation
Source
BIS

12.00 % ·

18 Sep 20210.0013.25 %18 Sep 2026

Recent decisions

DateRateChange
12.00 %+75 bp
11.25 %+100 bp
10.25 %+100 bp
9.25 %−25 bp
9.50 %−25 bp
9.75 %−50 bp
10.25 %−50 bp
10.75 %−50 bp
11.25 %−50 bp

Changes are dated by when they took effect; holds by the announcement day. We do not track this bank’s meeting calendar, so only changes are listed.

BanRep website

At a glance

Economy
Colombia
Currency
COP
Type
Policy rate
Set by
Banco de la República
History since
1995
Changes in the last 12 months
3

Questions and answers

What is the current Banco de la República interest rate?
The Banco de la República’s Policy interest rate is 12.00 %, last changed on 1 Jul 2026 when it was raised by 75 bp from 11.25 %.
When did the Banco de la República last change its rate?
On 1 Jul 2026, when the Policy interest rate was raised by 75 bp to 12.00 % from 11.25 %.
When is the next Banco de la República rate decision?
The bank does not publish a decision calendar that we track.

All changes since 2016

DateRateChange
12.00 %+75 bp
11.25 %+100 bp
10.25 %+100 bp
9.25 %−25 bp
9.50 %−25 bp
9.75 %−50 bp
10.25 %−50 bp
10.75 %−50 bp
11.25 %−50 bp
11.75 %−50 bp
12.25 %−50 bp
12.75 %−25 bp
13.00 %−25 bp
13.25 %+25 bp
13.00 %+25 bp
12.75 %+75 bp
12.00 %+100 bp
11.00 %+100 bp
10.00 %+100 bp
9.00 %+150 bp
7.50 %+150 bp
6.00 %+100 bp
5.00 %+100 bp
4.00 %+100 bp
3.00 %+50 bp
2.50 %+50 bp
2.00 %+25 bp
1.75 %−50 bp
2.25 %−25 bp
2.50 %−25 bp
2.75 %−50 bp
3.25 %−50 bp
3.75 %−50 bp
4.25 %−25 bp
4.50 %−25 bp
4.75 %−25 bp
5.00 %−25 bp
5.25 %−25 bp
5.50 %−75 bp
6.25 %−75 bp
7.00 %−25 bp
7.25 %−25 bp
7.50 %−25 bp

Dates before 2021 are month precision (monthly BIS data).

Other rates in South America

Source: BIS central bank policy rates. Latest observation 8 Sep 2026. Refreshed every 30 minutes.