Government Securities Rate
The Government Securities Rate is the yield on debt securities issued by the central government in the domestic market. It is a key reference rate in financial markets, reflecting the government's domestic borrowing cost and serving as a benchmark for pricing other domestic assets. This indicator is part of the Latin Macro Watch dataset published by the Inter-American Development Bank (IDB), which compiles harmonized macroeconomic series for Latin America and the Caribbean.
Coverage
The series covers 2 countries across Latin America and the Caribbean at annual, monthly and quarterly frequency, spanning 1997–2026. Values are reported as a rate and in real terms, each available in average-of-period and end-of-period variants, allowing nominal and inflation-adjusted yields to be compared across periods.
Sources
Figures are drawn from central banks in the region. Sources include Banco Central de Reserva del Perú and the Central Bank of The Bahamas.
Metadata & use
| Format | CSV |
|---|---|
| Language | en |
| Country |
Argentina
Bahamas
Trinidad & Tobago
Belize
Costa Rica
Dominican Republic
Ecuador
Bolivia
Brazil
Chile
Colombia
El Salvador
Jamaica
Mexico
Nicaragua
Guatemala
Guyana
Haiti
Honduras
Panama
Uruguay
Venezuela
Barbados
Paraguay
Peru
Suriname
|
| Data notes |
What does the Government Securities Rate measure?It measures the yield on debt securities issued by the central government in the domestic market, reflecting the government's domestic borrowing cost. How many countries and which frequencies and period does it cover?The series covers 2 countries across Latin America and the Caribbean at annual, monthly and quarterly frequency, spanning 1997–2026. What units and transformations are available?Values are reported as a rate and in real terms, each available in average-of-period and end-of-period variants. No additional transformations are provided. Where does the data come from?Data come from central banks in the region, including Banco Central de Reserva del Perú and the Central Bank of The Bahamas. What is the Government Securities Rate typically used for?It is used as a benchmark for domestic interest rates, to gauge government borrowing costs and sovereign risk, and to support financial-market and monetary-policy research and analysis. How do I cite this indicator?Cite it as: Inter-American Development Bank (IDB), Latin Macro Watch — "Government Securities Rate". data.iadb.org/dataset/latin-macro-watch-dataset. |