Colombia interest rate
Central Bank of Colombia
- Policy rate
- 12.00%
- Sep 22, 2026
- Last move
- +0.75 pt
- Jul 2026
- Inflation
- 6.0%
- Jul 2026
- 10-year bond yield
- 12.15%
- Aug 2026
The policy rate set by the Central Bank of Colombia is 12.00% as of Sep 22, 2026. Its most recent move: it raised its rate from 11.25% to 12.00% (Jul 2026). The rate is 2.75 percentage points higher than a year earlier. With consumer prices up 6.0% over the 12 months to Jul 2026, the real rate (policy rate minus inflation) is +6.0%: borrowing costs are above inflation.
Policy rate over the past two years
Sep 22, 2026: 12.00%
Rate changes
| When | Decision | From | To | Change |
|---|---|---|---|---|
| Jul 2026 | Hike | 11.25% | 12.00% | +0.75 pt |
| Apr 2026 | Hike | 10.25% | 11.25% | +1.00 pt |
| Feb 2026 | Hike | 9.25% | 10.25% | +1.00 pt |
| May 2025 | Cut | 9.50% | 9.25% | −0.25 pt |
| Dec 2024 | Cut | 9.75% | 9.50% | −0.25 pt |
| Nov 2024 | Cut | 10.25% | 9.75% | −0.50 pt |
| Oct 2024 | Cut | 10.75% | 10.25% | −0.50 pt |
Changes between month-end rates, plus the latest daily reading. Two decisions in one month show up as a single change.
Inflation (% vs a year earlier)
Jul 2026: 6.0%
10-year government bond yield
Aug 2026: 12.15%
Other central banks in South America
Source: BIS; inflation: IMF CPI; bond yield: OECD. Updated daily. All central bank rates · Colombia economy dashboard