
Colombian institutions offer certificates of deposit yielding up to 13.1% effective annual rate for 12 months, with KOA leading. The offers follow the Banco de la República's October 30 decision to hold its policy rate at 12.25% in a split vote, with three directors favouring a 25-basis-point hike.
The next Board meeting is on December 18.
This is a domestic Colombian savings and interest-rate story with no direct link to feed or agricultural commodity supply, demand or prices. It has no meaningful price implication for the commodities covered.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.