The following benchmarks are part of the data package;
TAB Nominal
TAB UF
TADO
ICP Nominal
ICP Real
Definitions of the benchmarks are found below:
TAB Nominal – Tasa Activa Bancaria Nominal
30, 90, 180 and 360 day tenors
“The Tasa Activa Bancaria (or TAB Nominal) is a benchmark rate that represents the average cost of funding, including reserve requirements, from banks within the Chilean institutional deposits market in Chilean Pesos (CLP).”
TAB UF – Tasa Activa Bancaria en Unidad de Fomento
90, 180 and 360 day tenors
“The Tasa Activa Bancaria en UF (or TAB UF) is a benchmark rate that represents the average cost of funding, including reserve requirements, from banks within the Chilean institutional deposits market in Unidad de Fomento (CLF).”
TADO – Tasa Activa Bancaria en dólares
30, 60, 90, 180 and 360 day tenors
“The Tasa Activa Bancaria en Dólares (or TADO) is a benchmark rate that represents the average cost of funding, including reserve requirements, from banks within the Chilean institutional deposits market in United States Dollars (USD).”
ICP – Índice de Cámara Promedio
One tenor (overnight)
“The ICP is an index of the average cost of funds, denominated in Chilean Pesos, for unsecured overnight (one day) borrowing in the Chilean interbank market.”
ICP Real – Índice de Cámara Promedio Real (UF)
One tenor (overnight)
“The ICP (Real) index is a complimentary index of the average cost of funds, denominated in Unidad de Fomento (UF), for unsecured overnight (one day) borrowing in the Chilean interbank market”.