Nicaragua BCN Tasa de Referencia Monetaria (TRM)
Nicaragua BCN Tasa de Referencia Monetaria (TRM) is 5.75 percent, in force since 6 Aug 2026. Last checked against the official source on 14 Sep 2026.
Banco Central de Nicaragua Tasa de Referencia Monetaria — the reference rate the BCN uses to signal the córdoba cost of its 1-day liquidity operations. Created in August 2019 by Consejo Directivo resolution CD-BCN-XLII-1-19; it anchors the BCN interest-rate corridor whose ceiling is the Ventanilla de Reportos Monetarios (VRM) rate and whose floor is the Ventanilla de Depósitos Monetarios (VDM) rate. Announced by comunicado at a roughly monthly cadence.
Compare policy interest rate across all 22 Latin American countries →
| Current value | 5.75 percent |
|---|---|
| In force from | 2026-08-06 |
| Official source | Official BCN press PDF dated Managua, 6 August 2026 — El Banco Central de Nicaragua (BCN) informa que decidió mantener la Tasa de Referencia Monetaria (TRM) en 5.75 por ciento. |
| Last verified | 2026-09-14 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Official BCN press PDF dated Managua, 6 August 2026. TRM unchanged at 5.75. HTML press page is thin; PDF is the official quote source.
Earlier values
| From | Value | Source |
|---|---|---|
| 2026-01-08 | 5.75 | BCN comunicado of 8 Jan 2026 — 'BCN reduce la Tasa de… |
| 2025-10-02 | 6 | BCN comunicado of 2 Oct 2025 — 'BCN reduce la Tasa de… |
| 2025-07-01 | 6.25 | BCN comunicados 'BCN mantiene la Tasa de Referencia… |
Get it programmatically
curl https://latamref.dev/v1/ni/policy-rate
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://latamref.dev/v1/ni/policy-rate/history?from=2020-01-01
# Provenance: curl https://latamref.dev/provenance/ni/policy-rateOther Nicaragua series: IVA standard rate · VAT registration threshold · Minimum wage (sectoral schedule) · Public holidays · CPI inflation (year-on-year) · Corporate income tax rate · Withholding tax rates · Statutory legal interest (interés legal) · Personal income tax brackets · Statutory social-insurance contributions
The same figure elsewhere: Panama · Paraguay · Peru · Trinidad and Tobago · Uruguay · all 22