Bolivia policy interest rate
Banco Central de Bolivia (BCB) policy interest rate. Bolivia has never announced a single conventional policy rate: under its charter (Ley 1670 of 31 Oct 1995) the BCB conducts monetary policy through a quantitative Programa Monetario — flow targets for emisión monetaria, crédito interno neto and reservas internacionales netas — executed with open-market operations (letras/bonos de regulación monetaria), encaje legal (reserve requirements) and collateralized repo/liquidity windows (Fondo RAL). No policy interest rate exists to serve.
| Current value | structured — see the API |
|---|---|
| In force from | 1995-10-31 |
| Official source | Banco Central de Bolivia — Programa Monetario Modificado 2026 (La Paz, 10 de julio de 2026) |
| Last verified | 2026-07-20 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Served as null on purpose — structural null, not missing data (Ecuador/Argentina precedent). The BCB's operating framework is QUANTITY-based: the Programa Monetario Modificado 2026 (loaded and read in full; it is an image-set PDF with no text layer) sets 2026 flow targets in millions of bolivianos for emisión monetaria, crédito interno neto (including a 'regulación monetaria' absorption line of Bs -22,710 million) and RIN, and states the program 'mantiene la orientación contractiva' — a contractionary stance reaffirming commitment to price stability after 20.40% CPI inflation in 2025. It also records the consolidation of the 2026 unificación cambiaria (exchange-rate unification under the Paz administration). Instruments, per BCB publications: OMO auctions of letras/bonos de regulación monetaria, encaje legal, and repo + Fondo RAL liquidity windows; in Nov–Dec 2025 the BCB announced a 'new monetary policy design', widening MN letra supply, reordering repo and OMO rates toward longer maturities and a lender-of-last-resort role — a drift toward an interest-rate corridor that has NOT yet produced an announced policy rate. Context rates displayed on bcb.gob.bo when loaded 20 Jul 2026: tasa base de reporto (15-day, MN) 12.75% and TRe MN (tasa de referencia, a market-derived deposit-rate benchmark used for loan repricing, not a policy instrument) 3.61% — reported here as context only; never substitute them for a policy rate. BCB publishes a Minuta de Política Monetaria page but it contains no rate decisions. Re-verify trigger: if the BCB formalizes a policy rate/corridor under the announced redesign, replace this null with the genuine instrument. Access quirks: BCB PDFs are image-based; silep.gob.bo (state legal-info system) timed out (DNS).
Get it programmatically
curl https://latamref.dev/v1/bo/policy-rate
# $0.001 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://latamref.dev/v1/bo/policy-rate/history?from=2020-01-01
# Provenance: curl https://latamref.dev/provenance/bo/policy-rate
Other Bolivia series: VAT rate · minimum wage · public holidays · inflation rate (CPI) · corporate tax rate · income tax rates