Advanced Search
MyIDEAS: Login

Mercado interbancario colombiano y manejo de liquidez del Banco de la República


Author Info

  • Pamela A. Cardozo


  • Carlos A. Huertas C.


  • Julián A. Parra P.


  • Lina V. Patiño Echeverri



El documento tiene como objetivo describir algunos de los elementos fundamentales del mercado interbancario colombiano y del manejo de liquidez por parte del Banco de la República (BR). El documento explica las diferencias entre las principales operaciones en este mercado y describe los mecanismos a través de los cuales el BR suministra liquidez o recoge excesos de la misma en el sistema financiero (SF); entre otros, describe la subasta diaria de expansión realizada por el BR y la determinación del cupo (monto máximo a prestar al SF) para la misma. Finalmente, el documento presenta un modelo sencillo que recoge algunos de los elementos básicos del mercado interbancario colombiano. Su propósito es servir como punto de referencia inicial para trabajos posteriores.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL:
Download Restriction: no

Bibliographic Info

Paper provided by BANCO DE LA REPÚBLICA in its series BORRADORES DE ECONOMIA with number 009017.

as in new window
Length: 28
Date of creation: 05 Oct 2011
Date of revision:
Handle: RePEc:col:000094:009017

Contact details of provider:

Related research


Other versions of this item:

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:


No references listed on IDEAS
You can help add them by filling out this form.


Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Camilo González & Luisa F. Silva & Carmiña O. Vargas & Andrés M. Velasco, 2013. "An exploration on interbank markets and the operational framework of monetary policy in Colombia," Borradores de Economia 782, Banco de la Republica de Colombia.
  2. Camilo GOnzález & Luisa Silva & Carmiña Vargas & Andrés Velasco, 2013. "Uncertainty in the Money supply mechanism and interbank markets in Colombia," Borradores de Economia 790, Banco de la Republica de Colombia.
  3. Carlos León, 2012. "Implied probabilities of default from Colombian money market spreads: The Merton Model under equity market informational constraints," BORRADORES DE ECONOMIA 010075, BANCO DE LA REPÚBLICA.


This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


Access and download statistics


When requesting a correction, please mention this item's handle: RePEc:col:000094:009017. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Norma Judith Paternina).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.