Está en la página 1de 201

Balance

Compañía Modelo - EVA


Balance General
Miles de pesos

2009 2010 2011 2012 2013 2014P 2015P 2016P 2017P 2018P 2019P
ACTIVOS
Activo Corriente
Efectivo 11,094,671 2,028,428 572,128 22,402,629 2,915,796 3,023,966 3,123,912 3,230,018 3,333,849 3,448,014 3,569,537
Deudores Comerciales 13,447,568 31,558,624 18,146,320 24,255,252 31,616,780 37,119,708 37,589,704 41,144,778 40,878,544 40,878,544 40,878,544
Inventarios 18,068,410 20,268,504 26,430,760 34,016,902 43,554,208 51,348,930 51,258,687 56,106,516 53,142,107 53,505,798 53,142,107
Gastos pagados por anticipado 281,145 282,098 213,553 369,730 510,756 514,075 516,964 519,869 522,559 525,364 528,185
Total Activos Corrientes 42,891,794 54,137,654 45,362,761 81,044,513 78,597,540 91,492,604 91,972,302 100,481,312 97,354,499 97,832,356 97,590,187

Activo No Corriente
Propiedad Planta y Eq. 196,221,040 203,980,479 209,497,565 348,931,697 360,743,796 363,672,933 366,202,369 383,329,378 385,045,388 387,026,568 390,092,348
Deudores 110,137 23,236,000 3,087,128 0 0 0 0 0 0 0 0
Inversiones permanente, neto 10,183 2,970,183 52,480,323 10,182 10,182 11,096,211 13,313,416 15,382,063 7,962,411 9,552,856 11,461,391
Cultivos en desarrollo 6,156,610 6,304,439 8,143,952 12,431,744 17,500,532 18,941,512 20,826,852 23,431,198 26,912,794 32,672,258 42,269,747
Intangibles, neto 31,888 31,888 31,888 0 0 0 0 0 0 0 0
Cargos diferido, neto 1,654,935 1,280,377 1,278,402 14,375,261 12,712,649 6,260,325 7,181,403 8,361,608 9,778,249 8,858,847 8,088,086
Otros activos, neto 2,073,268 8,357,456 7,481,747 1,808,016 1,805,099 1,820,430 1,837,844 1,858,124 1,880,019 1,908,124 1,940,859
Valorizaciones de activos
Depreciación Acumulada -126,321,365 -137,454,429 -149,532,368 -164,592,254 -180,230,313 -211,491,074 -242,810,413 -274,669,998 -305,820,899 -328,794,090 -332,562,941
Total Activo No Corriente 79,936,696 108,706,393 132,468,637 212,964,646 212,541,945 190,300,335 166,551,470 157,692,373 125,757,962 111,224,563 121,289,490

TOTAL ACTIVOS 122,828,490 162,844,047 177,831,398 294,009,159 291,139,485 281,792,939 258,523,773 258,173,686 223,112,461 209,056,919 218,879,677

PASIVOS
Pasivo Corriente
Obligaciones Moneda Nacional 122,138 28,796,818 4,197,411 7,145,302 12,505,373 9,652,188 6,619,796 6,182,871 1,904,434 979,880 0
Obligaciones Moneda Extranjera 0 0 0 0 92,197 402,175 275,825 257,620 79,351 40,828 0
Proveedores 2,241,868 8,247,486 8,194,305 7,354,140 11,898,726 13,634,641 15,070,063 16,518,490 18,092,352 19,816,169 21,704,229
Cuentas y Gastos por Pagar 3,864,416 6,364,084 8,263,067 8,244,029 9,083,475 10,408,671 11,504,470 12,610,198 13,811,682 15,127,643 16,568,986
Cesantías Consolidadas 606,933 739,550 879,922 1,183,517 1,386,805 1,430,919 1,479,590 1,530,158 1,579,738 1,632,924 1,686,862
Impuesto Sobre la Renta 1,198,581 1,375,272 3,492,168 3,726,851 5,740,564 3,517,639 5,102,414 6,642,810 7,715,770 7,800,934 7,823,169
Dividendos por pagar 27,457 43,691 39,080 53,412 51,922 0 0 0 0 0 0
Compañías vinculadas 0 0 0 0 0 0 0 0 0 0 0
Ingresos recibidos por aticipado 116,309 128,078 168,944 0 0 0 0 0 0 0 0
Otros pasivos 0 0 0 1,553,185 2,837,790 3,022,506 3,239,664 3,482,098 3,738,852 4,036,771 4,366,406
Total Pasivo Corriente 8,177,702 45,694,979 25,234,897 29,260,436 43,596,852 42,068,739 43,291,822 47,224,246 46,922,180 49,435,149 52,149,651

Pasivos Largo Plazo


Obligaciones Moneda Nacional 0 0 0 0 80,323 201,087 137,912 128,810 39,676 20,414 0
Obligaciones Moneda Extranjera 0 0 0 55,991,060 39,461,972 29,962,001 20,548,949 19,192,662 5,911,681 3,041,712 0
Pensiones de Jubilación 0 0 0 0 0 0 0 0 0 0 0
Otros Pasivos a Largo Plazo 0 0 0 0 0 0 0 0 0 0 0
Impuestos, gravámenes y tasas 0 0 3,498,350 1,758,541 1,758,541 0 0 0 0 0 0
Total Pasivos a Largo Plazo 0 0 3,498,350 57,749,601 41,300,836 30,163,088 20,686,862 19,321,472 5,951,356 3,062,126 0

TOTAL PASIVOS 8,177,702 45,694,979 28,733,247 87,010,037 84,897,688 72,231,827 63,978,683 66,545,718 52,873,536 52,497,274 52,149,651

PATRIMONIO
Capital 108,563,272 110,034,887 144,027,403 210,124,549 202,008,138 186,871,886 163,760,590 152,958,334 125,833,754 111,754,054 121,819,893
Ganancias Apropiadas 0 0 0 0 0 0 0 0 0 0 0
Utilidad del Ejercicio 6,087,516 7,114,181 5,070,748 -3,125,427 4,233,659 22,689,226 30,784,500 38,669,634 44,405,170 44,805,591 44,910,133
TOTAL PATRIMONIO 114,650,788 117,149,068 149,098,151 206,999,122 206,241,797 209,561,112 194,545,090 191,627,968 170,238,924 156,559,645 166,730,026

TOTAL PASIVO + PATRIMONIO 122,828,490 162,844,047 177,831,398 294,009,159 291,139,485 281,792,939 258,523,773 258,173,686 223,112,461 209,056,919 218,879,677

0 0 0 0 0 0 0 0 0 0 0

Cia.Modelo - EVA Página 1


Resultados

Compañía Modelo - EVA


Estado de Resultados
Miles de pesos

2009 2010 2011 2012 2013

Ventas Netas $82,168,506 $92,362,888 $109,079,152 $133,173,630 $188,970,220


Gasto Mercancía Vendida $ (56,163,346) $ (60,677,052) $ (75,022,004) $ (93,013,103) $ (129,591,604)
Utilidad Bruta $26,005,160 $31,685,836 $34,057,148 $40,160,527 $59,378,616

GastosOperacionales: -38,698,056
de Ventas $ (13,231,850) $ (15,951,469) $ (16,379,115) $ (20,440,378) $ (30,065,852)
de Administración $ (4,453,114) $ (5,264,126) $ (6,494,542) $ (7,326,949) $ (8,632,204)
Otros Ingresos 689,782 590,460 1,091,520 825,711 1,758,461
Otros Egresos $ (547,046) $ (924,913) $ (1,411,151) $ (4,996,495) $ (3,815,183)
Utilidad Operacional $8,462,932 $10,135,788 $10,863,860 $8,222,416 $18,623,838

Financieros:
Intereses Recibidos 1,582,094 1,384,090 1,201,980 5,725,961 13,552,238
Intereses Pagados $ (2,096,022) $ (2,067,665) $ (4,377,044) $ (13,740,552) $ (21,347,256)
Diferencia en Cambio $0 $0 $0 $0 $0
Total Financieros $ (513,928) $ (683,575) $ (3,175,064) $ (8,014,591) $ (7,795,018)
Método de participación $0 $0 -123,957 $0 $0
Utilidad Antes de Impuestos $7,949,004 $9,452,213 $7,564,839 $207,825 $10,828,820

Impuesto de Renta $ (1,861,488) $ (2,338,032) $ (2,494,091) $ (3,333,252) $ (6,595,161)

Utilidad Neta $6,087,516 $7,114,181 $5,070,748 ($3,125,427) $4,233,659

Compañía Modelo - Eva Página 2


Resultados

2014P 2015P 2016P 2017P 2018P 2019P

$222,718,251 $246,041,696 $269,311,276 $294,325,514 $294,325,514 $294,325,514


$ (144,042,896) $ (154,431,162) $ (164,195,767) $ (179,840,138) $ (179,840,138) $ (179,840,138)
$78,675,355 $91,610,534 $105,115,509 $114,485,376 $114,485,376 $114,485,376
38.90% 38.90% 38.90%
-39,746,773
$ (30,880,637) $ (31,964,547) $ (33,153,628) $ (34,413,466) $ (34,413,466) $ (34,413,466)
$ (8,866,137) $ (9,177,338) $ (9,518,735) $ (9,880,447) $ (9,880,447) $ (9,880,447)
1,806,115 1,869,510 1,939,056 2,012,740 2,012,740 2,012,740
$ (3,918,574) $ (4,056,116) $ (4,207,004) $ (4,366,870) $ (4,366,870) $ (4,366,870)
$36,816,122 $48,282,042 $60,175,198 $67,837,333 $67,837,333 $67,837,333
23.05% 23.05% 23.05%

2,561,589 2,639,974 2,722,869 2,807,278 2,807,278 2,807,278


$ (4,416,224) $ (3,763,154) $ (3,855,737) $ (2,918,574) $ (2,320,931) $ (2,164,898)
$0 $0 $0 $0 $0 $0
$ (1,854,635) $ (1,123,180) $ (1,132,868) $ (111,297) $486,347 $642,379
$0 $0 $0 $0 $0 $0
$34,961,487 $47,158,862 $59,042,330 $67,726,036 $68,323,680 $68,479,712

$ (12,272,261) $ (16,374,362) $ (20,372,696) $ (23,320,866) $ (23,518,088) $ (23,569,579)

$22,689,226 $30,784,500 $38,669,634 $44,405,170 $44,805,591 $44,910,133

Compañía Modelo - Eva Página 3


FCL

Compañía Modelo - EVA


Flujo de Caja Libre
Miles de pesos

2009 2010 2011 2012 2013 2014P 2015P 2016P 2017P 2018P 2019P
FLUJO DE CAJA LIBRE OPERACIONAL
1. GENERACIÓN FONDOS OPERACIONALES:
RENOAI (sin Ajustes) 8,462,932 10,135,788 10,863,860 8,222,416 18,623,838 36,816,122 48,282,042 60,175,198 67,837,333 67,837,333 67,837,333
Depreciaciones y Amortizaciones 0 11,133,064 12,077,939 15,059,886 15,638,059 31,260,761 31,319,339 31,859,585 31,150,901 22,973,191 3,768,851
Sub-Total Fondos Operacionales 8,462,932 21,268,852 22,941,799 23,282,302 34,261,897 68,076,883 79,601,382 92,034,782 98,988,234 90,810,524 71,606,184

2. MOVIMIENTO DE KWOp.
Sin Pasivo por Impuesto de Renta 1,198,536 -2,596,188 10,801,933 -34,853,119 9,318,898 -9,605,123 2,317,352 -5,661,852 6,208,493 2,913,025 3,955,145

Flujo de Caja Operacional 9,661,468 18,672,664 33,743,732 -11,570,817 43,580,795 58,471,760 81,918,734 86,372,930 105,196,727 93,723,549 75,561,329

3. EGRESO POR IMPUESTO OPERACIONAL


Impuesto Operacional Pagado -705,767 -2,317,647 4,410,026 -4,838,378 -7,879,358 -17,115,953 -15,141,831 -19,193,642 -22,284,467 -23,266,122 -23,326,457

Flujo de Caja Antes de Inversión en 8,955,701 16,355,017 38,153,758 -16,409,195 35,701,437 41,355,807 66,776,903 67,179,288 82,912,259 70,457,427 52,234,872
Activos Fijos

4. INVERSIÓN EN ACTIVOS FIJOS NETOS

Inversión Bruta 0 -7,907,268 -7,356,599 -143,721,924 -16,880,887 -4,370,116 -4,414,777 -19,731,355 -5,197,605 -7,740,644 -12,663,268

FLUJO DE CAJA LIBRE OPERACIONAL 8,955,701 8,447,749 30,797,159 -160,131,119 18,820,550 36,985,691 62,362,126 47,447,932 77,714,654 62,716,783 39,571,604

FLUJO DE CAJA FINANCIERO


1. PASIVOS FINANCIEROS
Ingresos Financieros 1,384,090 1,201,980 5,725,961 13,552,238 2,561,589 2,639,974 2,722,869 2,807,278 2,807,278 2,807,278
Egresos por Gastos Financieros -2,096,022 -2,067,665 -4,377,044 -13,740,552 -21,347,256 -4,416,224 -3,763,154 -3,855,737 -2,918,574 -2,320,931 -2,164,898
Ahorro en Impuestos por Gastos Fcieros. 42,859 156,306 -1,288,871 0 3,297,910 862,227 352,243 361,343 36,561 -166,802 -220,888
Neto Gastos Financieros -2,053,163 -527,269 -4,463,935 -8,014,591 -4,497,108 -992,408 -770,937 -771,525 -74,736 319,545 421,492

Variación Principal de Obligaciones 12 28,674,680 -24,599,407 58,938,951 -10,996,497 -11,922,414 -12,634,969 -1,820,519 -17,826,821 -3,852,308 -4,082,834

Movimiento Pasivo Neto Financiero -2,053,151 28,147,411 -29,063,342 50,924,360 -15,493,605 -12,914,822 -13,405,906 -2,592,045 -17,901,557 -3,532,763 -3,661,343

2. INVERSIONES TEMPORALES
Inversiones Temporales 0 0 0 0 0 0 0 0 0 0 0

3. PATRIMONIO
Variación Capital y Superávit 0 26,749,767 61,040,730 0 0 0 0 0 0 0
Pago de Dividendos -4,599,667 0 0 -4,992,474 -19,421,833 -45,800,522 -41,586,756 -65,794,213 -58,484,871 -34,739,752
Neto Patrimonio 0 -4,599,667 26,749,767 61,040,730 -4,992,474 -19,421,833 -45,800,522 -41,586,756 -65,794,213 -58,484,871 -34,739,752

4. INVERSIONES EN SOCIEDADES
Inversiones en Moneda Nacional 0 0 0 0 0 0 0 0 0 0 0
Inversión Neta 0 0 0 0 0 0 0 0 0 0 0

5. OTROS MOVIMIENTOS
-31,995,493 -28,483,584 48,166,029 1,665,529 -4,649,035 -3,155,698 -3,269,132 5,981,116 -699,149 -1,170,509

FLUJO DE CAJA FINANCIERO -8,447,749 -30,797,159 160,131,119 -18,820,550 -36,985,691 -62,362,126 -47,447,932 -77,714,654 -62,716,783 -39,571,604

0 0 0 0 0 0 0 0 0 0

Cia.Modelo - EVA Página 4


Imptos.
Compañía Modelo - EVA
Cálculo de Impuestos
Miles de pesos

2009 2010 2011 2012 2013

Utilidad Operacional del ER $8,462,932 $10,135,788 $10,863,860 $8,222,416 $18,623,838


+ Otros Ingresos Operacionales
- Otros Egresos Operacionales
RENOAI $8,462,932 $10,135,788 $10,863,860 $8,222,416 $18,623,838
- Neto Financieros ($513,928) ($683,575) ($3,175,064) ($8,014,591) ($7,795,018)
Utilidad en Venta de Inversiones $0 $0 $0 $0 $0
BASE GRAVABLE $7,949,004 $9,452,213 $7,688,796 $207,825 $10,828,820

RECONCILIACIÓN IMPUESTOS
Impuestos por Pagar:
Saldo Inicial $1 $1,198,581 $1,375,272 $6,990,518 $5,485,392
Saldo Final $1,198,581 $1,375,272 $6,990,518 $5,485,392 $7,499,105
Variación $1,198,580 $176,691 $5,615,246 ($1,505,126) $2,013,713

Provisión de Impuestos:
Corriente ($1,861,488) ($2,338,032) ($2,494,091) ($3,333,252) ($6,595,161)
Diferida $0 $0 $0 $0 $0
Total Impuestos ($1,861,488) ($2,338,032) ($2,494,091) ($3,333,252) ($6,595,161)

EGRESO POR IMPUESTOS ($662,908) ($2,161,341) $3,121,155 ($4,838,378) ($4,581,448)

Tasa Nominal -33.00% -33.00% -33.00% -33.00% -34.00%

TASA EFECTIVA DE TRIBUTACIÓN


Causación 23.42% 24.74% 32.44% 1603.87% 60.90%
Caja -8.34% -22.87% 40.59% -2328.10% -42.31%

COMPOSICIÓN DEL IMPUESTO


Compañía Modelo - EVA Página 5
Imptos.

Impuesto Operacional ($705,767) ($2,317,647) $4,410,026 ($191,426,232) ($7,879,358)


Impuesto Egresos Financieros $42,859 $156,306 ($1,288,871) $186,587,854 $3,297,910
Total Impuestos ($662,908) ($2,161,341) $3,121,155 ($4,838,378) ($4,581,448)

Compañía Modelo - EVA Página 6


Imptos.

2014P 2015P 2016P 2017P 2018P 2019P

$36,816,122 $48,282,042 $60,175,198 $67,837,333 $67,837,333 $67,837,333

$36,816,122 $48,282,042 $60,175,198 $67,837,333 $67,837,333 $67,837,333


($1,854,635) ($1,123,180) ($1,132,868) ($111,297) $486,347 $642,379
$0 $0 $0 $0 $0 $0
$34,961,487 $47,158,862 $59,042,330 $67,726,036 $68,323,680 $68,479,712

$7,499,105 $3,517,639 $5,102,414 $6,642,810 $7,715,770 $7,800,934


$3,517,639 $5,102,414 $6,642,810 $7,715,770 $7,800,934 $7,823,169
($3,981,466) $1,584,774 $1,540,397 $1,072,960 $85,164 $22,235

($12,272,261) ($16,374,362) ($20,372,696) ($23,320,866) ($23,518,088) ($23,569,579)


$0 $0 $0 $0 $0 $0
($12,272,261) ($16,374,362) ($20,372,696) ($23,320,866) ($23,518,088) ($23,569,579)

($16,253,727) ($14,789,588) ($18,832,299) ($22,247,907) ($23,432,924) ($23,547,345)

-34.00% -34.00% -33.00% -33.00% -33.00% -33.00%

35.10% 34.72% 34.51% 34.43% 34.42% 34.42%


-46.49% -31.36% -31.90% -32.85% -34.30% -34.39%

Compañía Modelo - EVA Página 7


Imptos.

($17,115,953) ($15,141,831) ($19,193,642) ($22,284,467) ($23,266,122) ($23,326,457)


$862,227 $352,243 $361,343 $36,561 ($166,802) ($220,888)
($16,253,727) ($14,789,588) ($18,832,299) ($22,247,907) ($23,432,924) ($23,547,345)

Compañía Modelo - EVA Página 8


CapitalFijo

Compañía Modelo - EVA


Inversión en Capital Fijo Operacional

2009 2010 2011 2012 2013 2014P 2015P 2016P 2017P 2018P 2019P

Propiedad, Planta y Equipo Bruto $196,221,040 $203,980,479 $209,497,565 $348,931,697 $360,743,796 $363,672,933 $366,202,369 $383,329,378 $385,045,388 $387,026,568 $390,092,348
Depreciación Acumulada ($126,321,365) ($137,454,429) ($149,532,368) ($164,592,254) ($180,230,313) ($211,491,074) ($242,810,413) ($274,669,998) ($305,820,899) ($328,794,090) ($332,562,941)
Cultivos en desarrollo $6,156,610 $6,304,439 $8,143,952 $12,431,744 $17,500,532 $18,941,512 $20,826,852 $23,431,198 $26,912,794 $32,672,258 $42,269,747
Total Neto $76,056,285 $72,830,489 $68,109,149 $196,771,187 $198,014,015 $171,123,370 $144,218,808 $132,090,579 $106,137,283 $90,904,736 $99,799,153
Sensibilidad Capex $328,699,015 0%

Variación Neta -3,225,796 -4,721,340 128,662,038 1,242,828 -26,890,645 -26,904,563 -12,128,229 -25,953,295 -15,232,547 8,894,417
+ Depreciación 11,133,064 12,077,939 15,059,886 15,638,059 31,260,761 31,319,339 31,859,585 31,150,901 22,973,191 3,768,851
Inversión Bruta 0 7,907,268 7,356,599 143,721,924 16,880,887 4,370,116 4,414,777 19,731,355 5,197,605 7,740,644 12,663,268

Propiedad, Planta y Equipo/Ventas 238.80% 220.85% 192.06% 262.01% 190.90% 163.29% 148.84% 142.34% 130.82% 131.50% 132.54%
Inversión Bruta/Ventas 0.00% 8.56% 6.74% 107.92% 8.93% 1.96% 1.79% 7.33% 1.77% 2.63% 4.30%
Depreciación/PPyEq. Bruto 0.00% 5.46% 5.77% 4.32% 4.33% 8.60% 8.55% 8.31% 8.09% 5.94% 0.97%

AÑO 2011 2012 2013 2014P 2015P 2016P 2017P 2018P 2019P

VIDA ÚTIL ACTIV Depreciación Depreciación Depreciación Depreciación Depreciación Depreciación Depreciación Depreciación Depreciación
Costo neto Costo neto Costo Costo neto Costo Costo neto Costo Costo neto Costo Costo neto
Activo Costo ajustado acumulada Costo ajustado acumulada Costo ajustado acumulada Costo ajustado acumulada Provisión Costo ajustado acumulada Provisión acumulada Provisión acumulada Provisión acumulada Provisión acumulada Provisión
ajustado ajustado ajustado ajustado ajustado ajustado ajustado ajustado ajustado ajustado
ajustada ajustada ajustada ajustada ajustada ajustada ajustada ajustada ajustada

Terrenos 0.17% 11,625,094 23,409,026 23,449,906 24,327,132 24,327,132 25,115,325 25,115,325 25,949,184 25,949,184 26,800,329 26,800,329 27,679,393 27,679,393 28,587,290 28,587,290
Construcciones en curso 20 81,000 84,030 4,202 79,829 86,601 8,532 78,070 89,321 12,998 76,323 92,090 17,602 74,488 94,944 22,349 72,595 97,888 27,244 70,644
Cosntrucciones y edificaciones 20 32,855,444 19,119,985 53,480,680 21,104,942 54,770,454 23,812,971 56,819,335 26,653,938 30,165,397 58,558,006 29,581,838 28,976,168 65,396,728 32,851,674 32,545,053 67,424,026 36,222,876 31,201,151 69,514,171 39,698,584 29,815,587 71,669,111 43,282,040 28,387,071
Maquinaria y equipo de montaje 10 167,969 167,969 16,797 151,172 167,969 33,594 134,375 167,969 50,391 117,578 167,969 67,188 100,781 167,969 83,985 83,985 167,969 100,781 67,188
Maquinaria y equipo 10 161,439,409 127,868,193 267,958,304 140,754,832 277,933,049 154,456,712 277,933,049 182,250,017 95,683,032 277,933,049 210,043,322 67,889,727 287,933,049 238,836,627 49,096,422 287,933,049 267,629,932 20,303,117 287,933,049 287,933,049 0 287,933,049 287,933,049 0
Equipo de oficina 5 1,093,398 952,564 1,163,722 970,858 548,290 357,458 548,290 467,116 81,174 548,290 548,290 0 0 0 0 0 0 0 0 0 0
Equipo de computo y comunicación 5 1,097,823 797,443 1,438,312 908,040 1,165,203 638,444 1,165,203 871,485 162 293,556 1,165,203 1,104,525 162 60,516 1,165,203 1,165,203 0 0 0 0 0 0 0 0 0
Flota y equipo de transporte 10 1,174,696 708,773 1,079,592 749,075 990,883 727,126 990,883 826,214 3,350 161,319 990,883 925,303 3,350 62,230 990,883 1,024,391 3,350 -36,858 990,883 990,883 3,350 0 0 0 0 0 0 0
Acueductos, plantas y redes 10 211,701 85,410 402,061 104,507 1,386,828 237,602 1,386,828 376,285 1,010,543 1,386,828 514,968 871,860 1,386,828 653,650 733,178 1,386,828 792,333 594,495 1,386,828 931,016 455,812 1,386,828 1,069,699 317,129
Propiedades, planta y equipo en tránsi 10 250,214 250,214 25,021 225,193 250,214 50,043 200,171 250,214 75,064 175,150 250,214 100,086 150,128 250,214 125,107 125,107 250,214 150,128 100,086
209,497,565 149,532,368 348,931,697 164,592,254 360,743,796 180,230,313 363,672,933 211,491,074 3,512 152,178,347 366,202,369 242,810,413 3,512 123,388,444 383,329,378 274,669,998 3,350 108,656,030 385,045,388 305,820,899 3,350 79,224,489 387,026,568 328,794,090 0 58,232,478 390,092,348 332,562,941 0 57,529,407
Depreciación Acumulada (esta es la depreciación del periodo) 12,110,205 15,245,005 17,086,360 17,225,096 17,344,901 18,156,109 18,237,387 18,331,224 18,476,432
%Depreciación 5.8% 4.4% 4.7% 4.7% 4.7% 4.7% 4.7% 4.7% 4.7%

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Propiedad, Planta y Equipo Bruto 152,178,347 123,388,444 108,656,030 79,224,489 58,232,478 57,529,407
Depreciación Acumulada 10,966,469 11,258,703 12,110,205 15,245,005 17,086,360 17,225,096 17,344,901 18,156,109 18,237,387 18,331,224 18,476,432

Cia.Modelo - EVA Página 9


PasivoFciero.

Compañía Modelo - EVA


Movimiento Pasivo Financiero
Miles de pesos

2009 2010 2011 2012 2013 2014P 2015P 2016P 2017P 2018P 2019P

Pasivo Corriente
Obligaciones Moneda Nacional $122,138 $28,796,818 $4,197,411 $7,145,302 $12,505,373 $9,652,188 $6,619,796 $6,182,871 $1,904,434 $979,880 $0
Obligaciones Moneda Extranjera $0 $0 $0 $0 $92,197 $402,175 $275,825 $257,620 $79,351 $40,828 $0
Total Pasivo Corriente $122,138 $28,796,818 $4,197,411 $7,145,302 $12,597,570 $10,054,363 $6,895,621 $6,440,491 $1,983,785 $1,020,709 $0

Pasivos Largo Plazo


Obligaciones Moneda Nacional $0 $0 $0 $0 $80,323 $201,087 $137,912 $128,810 $39,676 $20,414 $0
Obligaciones Moneda Extranjera $0 $0 $0 $55,991,060 $39,461,972 $29,962,001 $20,548,949 $19,192,662 $5,911,681 $3,041,712 $0
Total Pasivo Largo Plazo $0 $0 $0 $55,991,060 $39,542,295 $30,163,088 $20,686,862 $19,321,472 $5,951,356 $3,062,126 $0

Total Pasivos Financieros


Obligaciones Moneda Nacional $122,138 $28,796,818 $4,197,411 $7,145,302 $12,585,696 $9,853,275 $6,757,708 $6,311,681 $1,944,110 $1,000,294 $0
Obligaciones Moneda Extranjera $0 $0 $0 $55,991,060 $39,554,169 $30,364,175 $20,824,774 $19,450,282 $5,991,032 $3,082,540 $0
Total Pasivos Financieros $122,138 $28,796,818 $4,197,411 $63,136,362 $52,139,865 $40,217,451 $27,582,482 $25,761,963 $7,935,142 $4,082,834 $0

Composición Pasivos Financieros


Obligaciones Moneda Nacional 100.00% 100.00% 100.00% 11.32% 24.14% 24.50% 24.50% 24.50% 24.50% 24.50% 24.50%
Obligaciones Moneda Extranjera 0.00% 0.00% 0.00% 88.68% 75.86% 75.50% 75.50% 75.50% 75.50% 75.50% 75.50%
Total Pasivos Financieros 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Movimiento Moneda Extranjera


Variación Neta -2 0 0 55,991,060 -16,436,891 -9,189,994 -9,539,401 -1,374,492 -13,459,250 -2,908,492 -3,082,540
Diferencia en Cambio 0 0 0 0 0 0 0 0 0 0 0
Variación en Cuantía -2 $0 $0 55,991,060 -16,436,891 -9,189,994 -9,539,401 -1,374,492 -13,459,250 -2,908,492 -3,082,540

Movimiento Neto Pasivos Financieros


Movimiento en Moneda Nacional 14 28,674,680 -24,599,407 2,947,891 5,440,394 -2,732,421 -3,095,567 -446,027 -4,367,571 -943,815 -1,000,294
Movimiento en Moneda Extranjera -2 0 0 55,991,060 -16,436,891 -9,189,994 -9,539,401 -1,374,492 -13,459,250 -2,908,492 -3,082,540
Movimiento Bruto Pasivos Financieros 12 $28,674,680 -24,599,407 58,938,951 -10,996,497 -11,922,414 -12,634,969 -1,820,519 -17,826,821 -3,852,308 -4,082,834

Diferencia en Cambio a:
Activos Fijos $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Estado de Resultados $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Tasas de Interés Antes de Impuestos


Moneda Nacional 31.14% 22.32% 22.77% 18.96% 15.79% 14.80% 13.11% 12.25% 15.44% 19.19% 15.72%
Moneda Extranjera 30.81% 28.49% 11.00% 33.79% 3.77% -8.82% 1.32% 3.89% -4.61% 18.04% -3.87%
Devaluación 21.12% 18.97% 2.78% 25.04% -3.02% -13.98% -4.42% -1.99% -10.01% 11.36% -8.89%

Cia.Modelo - EVA Página 10


SUPUESTO
La proyección de las ventas nacionales se hicieron teniendo en cuenta el crecimiento po
1 mercado nacional, el cual proyecta un crecimiento favorable para la empresa, sin embar
IPP para cubrir los costos de producción, la proyección consiste en mantener constantes
más pesos por el mismo volúmen exportado.
2 A 31 de diciembre de 2013, la deuda de Tablemac ascendía a 52.140 millones de pesos;
3 15.000 milonesdeenlos
La proyección el proveedores,
año 2016. cuentas y gastos por pagar se estiman teniendo en cu
4 Pensiones de jubilacion y otros activos largo plazo se mantienen en 0.
Otros pasivos e ingresos recibidos por anticipado se mantuvieron constantes a partir d
5
coberturas por las transacciones en moneda extranjera.
6 El crecimiento poblacional fue tomado de la proyección de la población de la página del D
7 La proyección de los activos corrientes y no corrientes se estimo teniendo en cuenta el c
8 de MDF la
El gasto deoperación
la mercancíase estibilizó.
vendida, gastos de ventas y de administración también fueron p
9 y el cifras
Las IPP. de las obligaciones en moneda nacional y extranjera, tanto corriente como no c
10 Se asume que no van a haber dividendos por pagar, ya que este pago se reliza según pol
Tablemac tiene una politica de reduccion en los costos de produccion y logísticos por me
11
(se aplicó la reduccion en el año 2014 ya que los años posteriores están formulados a par
12 No contamos con información de si Tablemac va a hacer inversiones representativas en lo
13 En las hojas Deuda actual y Deuda nueva se incluyen las tablas de amortización para el c
Se asume un crecimiento del sector de la construcción de 1 punto por encima del PIB par
14
información fue tomada de los Macroeconómicos Bancolombia de marzo de 2014 y del inf
15 Para la proyección de las exportaciones se tuvi en cuenta el PIB de Ecuador que es el prin
Se realizó una optimización en la rotación de inventarios a partir del 2014, pasando de 83
16
días a 55. ver hoja KWOP%
17 Del Balance general, algunas partidas fueron proyectadas con la inflación, dado que se es
18 Las partidas menos respresentativas en cuanto a valor fueron proyectadas como el prome
19 Las partidas que tienen una relación directa con las ventas fueron proyectas con la produ

Supuesto de incremento en ventas


Año 2011 2012
Crecimiento poblacional
Sector Construcción
Indice de precios al productor
Productoria de tasas
Inflación Colombia
PIB Ecuador
PIB América Central
Crecimiento Exportaciones en ventas 2013 a 2014
Sensibilidad Vtas. Nal
Sensibilidad Vtas. Exp
Sensibilidad Inflacion
Crecimiento
Exportaciones
TRM proyectada
Año 2011 2012
Valor
Sensibilidad TRM

Supuesto de incremento en exportaciones


Año MILES COP 2011 2012
Ventas nacionales TABLEROS 116,446,315
Ventas nacionales MDF 4,805,174
Ventas exportación TABLEROS 8,315,277
Ventas exportación MDF 3,606,864
Ventas netas 0 133,173,630

Supuesto de incremento en exportaciones


Año MILES USD 2011 2012
Ventas exportación TABLEROS miles de USD
Ventas exportación MDF miles de USD

Deuda a 31 dic/13 Miles de pesos


AÑO 2011 2012
Deuda a 31 dic/13 miles de pesos
Amortización de deuda actual
Amortización de deuda nueva
Saldo de la deuda por año

Deuda CON amortización de pagos.


AÑO 2011 2012
Obligaciones Moneda Nacional Corriente 7,145,302
Obligaciones Moneda Nacional No Corriente 0
Obligaciones Moneda Extranjera Corriente 0
Obligaciones Moneda Extranjera No Corriente 55,991,060
Total obligaciones 63,136,362

Driver de
distribución
de la deuda

Crecimiento poblacional
Año 2011 2012
Total 46,044,601 46,581,823
Hombres 22,731,299 22,997,087
Mujeres 23,313,302 23,584,736
Crecimiento % 1.17%
Fuente: https://www.dane.gov.co/index.php/poblacion-y-demografia/proyecciones-de-pobl

Reducción de costos -3%


Sensibilidad Costos 0%
2010 Inicio de operación Planta de resinas (Reduc
2012 Inicio de operaciones Planta MDF, ahorro en
2013 Entrada en operación de prensa para lamina
2014 Inicio de operaciones de maquinaria tipo Sk

Tablemac en los últimos años ha invertido en fortalecer su plan de integración vertical y e


Dado lo anterior se aumen un % de disminución de costos del 3%

$350,000,000

$300,000,000

$250,000,000

$200,000,000

$150,000,000

$100,000,000

$50,000,000

$0
2009 2010 2011 2012 2013 2014P 2015P 2016P 2017P 2018P 2019P
Gasto Mercancía Vendida Ventas Netas
SUPUESTOS DE PROYECCIÓN
a el crecimiento poblacional, la proyección del sector de la construcción y el IPP; el mercado principal
mpresa, sin embargo para el caso de las ventas al extranjero se maneja un escenario conservador af
ntener constantes las exportaciones, la proyeccion de la TRM es al alza, lo cual beneficia a la empres
millones de pesos; para proyectar la deuda de los proximos años suponemos que no hará una invers
man teniendo en cuenta el crecimiento poblacional, la proyección del sector de la construcción y el IPP.

nstantes a partir del 2013 aplicando un incremento del IPP ya que con la entrada de la planta MDF

de la página del DANE, para el total nacional.


endo en cuenta el crecimiento poblacional, la proyección del sector de la construcción y el IPP, dado q
n también fueron proyectados teniendo en cuenta el crecimiento poblacional, la proyección del sector
orriente como no corriente fueron tomados del informe anual 2013 Tablemac, pág 97.
se reliza según politicas de dividendos en 2 pagos en el año, por lo tanto no hacen parte del pasivo.
y logísticos por metro cubico, la cual estimamos en el 3% basados en el reporte Burkenroad de Table
n formulados a partir de este).
presentativas en los próximos años, asumimos una inversión de 15.000 millones de pesos en el año 20
ortización para el cálculo de intereses y de capital abonado.
encima del PIB para el año 2015 e igual al PIB para los años 2016 a 2019 para manejar un escenario c
zo de 2014 y del informe trimestral de actualización de proyecciones de Bancolombia de mayo de 2014
ador que es el principal pais al que Tablemac exporta y también el PIB de América Central.
014, pasando de 83 días a 65 días y se realizó un optimización de la política de de deudores comerciale
ón, dado que se estima que no tendrán un incremento representativo, sólo se reconoce el incremento
adas como el promedio de los últimos a 5 años.
ectas con la productoria de tasas con que fueron proyectadas dichas ventas.

2013 2014P 2015P 2016P 2017P


1.15% 1.14% 1.13% 1.13%
10.30% 5.58% 4.50% 4.34%
2.71% 3.51% 3.72% 3.80%
14.59% 10.53% 9.61% 9.53%
3.56% 3.06% 3.14% 3.10%
4.20% 3.50% 3.50% 3.50%
4.00% 4.00% 4.00% 4.00%
50.60%
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
0.00%
Otros productos 11.13%
MDF 39.47%

2013 2014P 2015P 2016P 2017P


1,869 2,025 2,150 2,250 2,340
0%

23536896 33149722
2013 2014P 2015P 2016P 2017P
140,399,282 160,882,250 177,819,544 194,910,294 213,481,107
25,034,042 28,686,279 31,706,301 34,753,685 38,064,974
7,891,069 9,503,189 10,468,173 11,365,880 12,263,784
15,645,827 23,646,533 26,047,678 28,281,418 30,515,650
188,970,220 222,718,251 246,041,696 269,311,276 294,325,514

2013 2014P 2015P 2016P 2017P


4,223 4,693 4,869 5,052 5,241
8,373 11,677 12,115 12,570 13,041

2013 2014P 2015P 2016P 2017P


52,139,865 15,000,000
11,922,414 12,634,969 13,390,587 14,191,895
3,429,932 3,634,926
40,217,451 27,582,482 25,761,963 7,935,142

2013 2014P 2015P 2016P 2017P


12,505,373 9,652,188 6,619,796 6,182,871 1,904,434
80,323 201,087 137,912 128,810 39,676
92,197 402,175 275,825 257,620 79,351
39,461,972 29,962,001 20,548,949 19,192,662 5,911,681
52,139,865 40,217,451 27,582,482 25,761,963 7,935,142

24% 24.0%
0.2% 0.5% Porcentajes de distribución de la deuda nacional y extranje
0.2% 1.0% corriente y no corriente, similar a la distribución del año 201
76% 74.5%
2013 2014 2015 2016 2017
47,121,089 47,661,787 48,203,405 48,747,708 49,291,609
23,264,039 23,531,670 23,799,679 24,069,035 24,337,747
23,857,050 24,130,117 24,403,726 24,678,673 24,953,862
1.16% 1.15% 1.14% 1.13% 1.12%
oyecciones-de-poblacion

a de resinas (Reducción entre el 3% y 5% de los costos totales de producción de tableros).


nta MDF, ahorro en costos de importación ya que se fabrican diretamente.
prensa para laminación de tableros con recubrimiento melamínico (Amplió mas de tres veces la capac
maquinaria tipo Skipper (Aumento de capacidad de producción del 25%).

gración vertical y en la innovación tecnológica, logrando una eficiencia en sus procesos, lo que permite

2018P 2019P
el mercado principal de Tablemac es el
enario conservador afectado sólo por el
beneficia a la empresa, ya que recibirá
ue no hará una inversión estratégica de
construcción y el IPP.

da de la planta MDF se deben realizar

ucción y el IPP, dado que con la entrada


proyección del sector de la construcción
g 97.
en parte del pasivo.
Burkenroad de Tablemac del año 2010

de pesos en el año 2016.

anejar un escenario conservador; la


mbia de mayo de 2014.
a Central.
e deudores comerciales, pasando de 60
conoce el incremento del IPC.

2018P 2019P
1.13% 1.13%
4.34% 4.34%
3.80% 3.80%
9.53% 9.53%
3.10% 3.10%
3.50% 3.50%
4.00% 4.00%

0.00% 0.00%
0.00% 0.00%
2018P 2019P
2,340 2,340

2018P 2019P
213,481,107 213,481,107
38,064,974 38,064,974
12,263,784 12,263,784
30,515,650 30,515,650
294,325,514 294,325,514

2018P 2019P
5,241 5,241
13,041 13,041

2018P 2019P

3,852,308 4,082,834
4,082,834 0

2018P 2019P
979,880 0
20,414 0
40,828 0
3,041,712 0
4,082,834 0

da nacional y extranjera
stribución del año 2013.
2018 2019
49,834,240 50,374,478
24,605,796 24,873,329
25,228,444 25,501,149
1.10% 1.08%

ableros).

de tres veces la capacidad, mayor volúmen, menores costos de producción).

ocesos, lo que permite mantener su política de reducción y control de costos.


Valoraciones
Compañía Modelo - EVA
Valoraciones
Miles de pesos
VALORACIÓN PATRIMONIAL

2014 2015 2016 2017

FCL $36,985,691 $62,362,126 $47,447,932 $77,714,654


Crecimiento del FCL 68.61% -23.92% 63.79%
Crecimiento Ponderado FCL -36.9%

WACC cada Período 11.34% 11.45% 11.47% 11.68%


WACC Ponderado 11.45%
Tasa de Crecimiento 0.00%

VPN del FCL @ WACC Ponderado $204,517,199


VPN del FCL @ WACC c/Período $190,622,400

Valor Terminal (WACC Ponderado) $335,062,014


VPN del Valor Terminal @ WACC Ponderado $194,868,011

Valor Terminal (WACC c/Período) $335,062,014


VPN del Valor Terminal @ WACC c/Período $216,136,067

Valor de la Operación @ WACC Ponderado $399,385,209


Valor de la Operación @ WACC c/Período $406,758,467

- Pasivos Financieros -$52,139,865 Total acciones en Precio por


circulación acción
Valor de la Empresa @ WACC Ponderado $347,245,344 $33,864,425,853 $10.25
Valor de la Empresa @ WACC c/Período $354,618,602 $33,864,425,853 $10.47

Cia.Modelo - EVA Página 20


Valoraciones
Compañía Modelo - EVA
Valoraciones
Miles de pesos
VALORACIÓN POR EVA

2014 2015 2016 2017

Capital Invertido Inicial 230,601,598 199,794,909 191,788,136 158,553,388


Rentabilidad del Capital Invertido 9% 17% 21% 29%
Costo de Capital 11.34% 11.45% 11.47% 11.68%

Spread de Rentabilidad -2.80% 5.14% 9.90% 17.05%

EVA del Año -$6,446,155 $10,271,122 $18,986,024 $27,030,871

VPN del EVA @ WACC Ponderado $50,064,774


VPN del EVA @ WACC c/Período $33,605,129

Valor Terminal (WACC Ponderado) $238,948,984


VPN del Valor Terminal @ WACC Ponderado $138,969,836

Valor Terminal (WACC c/Período) $237,942,589


VPN del Valor Terminal @ WACC c/Período $153,487,931

Capital Inicial Invertido $230,601,598

Valor de la Operación @ WACC Ponderado $419,636,208


Valor de la Operación @ WACC c/Período $417,694,658

- Pasivos Financieros -$52,139,865 Total acciones en Precio por


circulación acción
Valor de la Empresa @ WACC Ponderado $367,496,343 $33,864,425,853 $10.85
Valor de la Empresa @ WACC c/Período $365,554,793 $33,864,425,853 $10.79
Cia.Modelo - EVA Página 21
Valoraciones

RACIÓN PATRIMONIAL

2018 2019

$62,716,783 $39,571,604
-19.30% -36.90%

11.74% 11.81%

Cia.Modelo - EVA Página 22


Valoraciones

ORACIÓN POR EVA

2018 2019

140,322,652 145,239,690
32% 31%
11.74% 11.81%

20.03% 18.84%

$28,101,574 $27,357,731

Cia.Modelo - EVA Página 23


VPN Cascada

Compañía Modelo - EVA


Valoraciones

VALORACIÓN PATRIMONIAL

2014P 2015P 2016P 2017P 2018P 2019P

FCL $36,985,691 $62,362,126 $47,447,932 $77,714,654 $62,716,783 $39,571,604


WACC cada Período 11.34% 11.45% 11.47% 11.68% 11.74% 11.81%
Tasa de Crecimiento 0.00%

2015P $55,957,117
2016P $38,194,332 $42,566,163
2017P $56,014,683 $62,426,282 $69,585,741
2018P $40,456,268 $45,087,007 $50,257,883 $56,128,942
2019P $216,136,067 $240,875,611 $268,500,820 $299,866,726 $335,062,014

VALORACIÓN POR EVA

2015P 2016P 2017P 2018P 2019P

FCL -$6,446,155 $10,271,122 $18,986,024 $27,030,871 $28,101,574


WACC cada Período 11.45% 11.47% 11.68% 11.74% 11.81%
Tasa de Crecimiento 0.00%

2015P -$5,784,092
2016P $8,267,982 $9,214,359
2017P $13,684,628 $15,251,009 $17,000,095
2018P $17,436,611 $19,432,455 $21,661,098 $24,191,518
2019P $153,487,931 $171,056,593 $190,674,495 $212,948,834 $237,942,589

Cía. Modelo - EVA Página 24


Compañía Modelo - EVA
Tabla Comparación

Variaciòn en Variaciòn en
Gasto de Mcia.
g = 0% Vtas. Nal Vtas. Exp
Vendida (+5%)
(-10%) (-10%)

NPV of FCF 204,517,199 177,031,541 203,992,194 150,789,862

PV of Terminal Value 194,868,011 97,679,207 193,350,305 98,569,587

Total Value of Co. $399,385,209 $274,710,748 $397,342,498 $249,359,449


-31.2% -0.5% -37.6%

% of FCF 51.2% 64.4% 51.3% 60.5%


% of TValue 48.8% 35.6% 48.7% 39.5%

Valoración/Vr. Libros
Veces EBITDA
Vr. Acción/UPA
WACC
TRM
Capex (+10%) Inf% (+5%) (incremento
(-10%)
del 5%)

195,849,088 172,304,145 204,068,591 201,568,709

180,829,992 211,759,590 194,549,256 181,192,023

$376,679,081 $384,063,734 $398,617,847 $382,760,732


-5.7% -3.8% -0.2% -4.2%

52.0% 44.9% 51.2% 52.7%


48.0% 55.1% 48.8% 47.3%
AnalVr.

Compañía Modelo - EVA


Análisis de Valor

2009 2010 2011 2012 2013 2014P 2015P 2016P 2017P 2018P 2019P

Capital Operacional Invertido


Capital de Trabajo Operacional $36,062,268 $38,658,456 $27,856,523 $62,709,642 $53,390,744 $62,995,867 $60,678,515 $66,340,368 $60,131,875 $57,218,850 $53,263,705
Impuesto sobre la Renta -$1,198,581 -$1,375,272 -$6,990,518 -$5,485,392 -$7,499,105 -$3,517,639 -$5,102,414 -$6,642,810 -$7,715,770 -$7,800,934 -$7,823,169
Activos Fijos Operacionales $76,198,310 $96,098,377 $71,228,165 $196,771,187 $198,014,015 $171,123,370 $144,218,808 $132,090,579 $106,137,283 $90,904,736 $99,799,153
Otros activos

Total Capital Operacional $111,061,997 $133,381,561 $92,094,170 $253,995,437 $243,905,654 $230,601,598 $199,794,909 $191,788,136 $158,553,388 $140,322,652 $145,239,690

Financiero
Pasivo en Moneda Nacional y extra -$122,138 0.11% -$28,796,818 21.59% -$4,197,411 4.56% -$63,136,362 24.86% -$52,139,865 21.38% -$40,217,451 17.44% -$27,582,482 13.81% -$25,761,963 13.43% -$7,935,142 5.00% -$4,082,834 2.91% -$0 0.00%
Dividendos por pagar -$27,457 0.02% -$43,691 0.03% -$39,080 0.04% -$53,412 0.02% -$51,922 0.02% $0 0.00% $0 0.00% $0 0.00% $0 0.00% $0 0.00% $0 0.00%
Activos Financieros $3,738,386 -3.37% $12,608,016 -9.45% $61,240,472 -66.50% $16,193,459 -6.38% $14,527,930 -5.96% $19,176,965 -8.32% $22,332,663 -11.18% $25,601,795 -13.35% $19,620,678 -12.37% $20,319,827 -14.48% $21,490,337 -14.80%
Sub-Total Financiero $3,588,791 -3.23% -$16,232,493 12.17% $57,003,981 -61.90% -$46,996,315 18.50% -$37,663,857 15.44% -$21,040,486 9.12% -$5,249,819 2.63% -$160,168 0.08% $11,685,536 -7.37% $16,236,993 -11.57% $21,490,337 -14.80%
$149,595 $28,840,509
Accionistas $28,690,914
Patrimonio -$114,650,788 103.23% -$117,149,068 87.83% -$149,098,151 161.90% -$206,999,122 81.50% -$206,241,797 84.56% -$209,561,112 90.88% -$194,545,090 97.37% -$191,627,968 99.92% -$170,238,924 107.37% -$156,559,645 111.57% -$166,730,026 114.80%
Valorizaciones $0 0.00% $0 0.00% $0 0.00% $0 0.00% $0 0.00% $0 0.00% $0 0.00% $0 0.00% $0 0.00% $0 0.00% $0 0.00%
Sub-Total Accionistas -$114,650,788 103.23% -$117,149,068 87.83% -$149,098,151 161.90% -$206,999,122 81.50% -$206,241,797 84.56% -$209,561,112 90.88% -$194,545,090 97.37% -$191,627,968 99.92% -$170,238,924 107.37% -$156,559,645 111.57% -$166,730,026 114.80%

Total Capital Financiero -$111,061,997 -$133,381,561 -$92,094,170 -$253,995,437 -$243,905,654 -$230,601,598 -$199,794,909 -$191,788,136 -$158,553,388 -$140,322,652 -$145,239,690
Crecimiento Capital Financiero 20.10% -30.95% 175.80% -3.97% -5.45% -13.36% -4.01% -17.33% -11.50% 3.50%

RENODI $7,757,165 $7,818,141 $15,273,886 $3,384,038 $10,744,480 $19,700,169 $33,140,212 $40,981,556 $45,552,866 $44,571,211 $44,510,876
Capital Operacional Invertido Inicial $410 $111,061,997 $133,381,561 $92,094,170 $253,995,437 $243,905,654 $230,601,598 $199,794,909 $191,788,136 $158,553,388 $140,322,652

Rentabilidad del Capital Invertido 1891991.44% 7.04% 11.45% 3.67% 4.23% 8.08% 14.37% 20.51% 23.75% 28.11% 31.72%

Verificación 0 0 0 0 0 0 0 0 0 0 0

Cia.Modelo - EVA Página 27


2,014 2,015 2,016
Ventas 222,718,251 246,041,696 269,311,276
Utilidad Operacional 36,816,122 48,282,042 60,175,198
Gastos Financieros -1,854,635 -1,123,180 -1,132,868
Base Gravable 34,961,487 47,158,862 59,042,330

ReteFte 2.5% 5,567,956 6,151,042 6,732,782


ReteCREE 0.8% 1,781,746 1,968,334 2,154,490

Impuestos 0.4% 0.4% 890,873 984,167 1,077,245


Deducibilidad 50% 50.0% 445,437 492,083 538,623

Otros No deducibles 0.8% 1,781,746 1,968,334 2,154,490

Utilidad Gravable 37,188,670 49,619,279 61,735,443

Impuesto Causado

Tasa Renta 25.0% 9,297,167 12,404,820 15,433,861


Tasa CREE 8.0% 2,975,094 3,969,542 4,938,835

Saldo a Pagar Renta 3,729,211 6,253,777 8,701,079


Saldo a Pagar CREE 1,193,348 2,001,209 2,784,345

Anticipo Impuestos 24 1,404,919 3,152,572 4,842,614

Movimiento Impuestos 8,754,598 14,789,588 18,832,299

Tasa Impuesto en Efectivo 31.36% 31.90%


2,017 2,018 2,019
294,325,514 294,325,514 294,325,514
67,837,333 67,837,333 67,837,333
-111,297 486,347 642,379
67,726,036 68,323,680 68,479,712

7,358,138 7,358,138 7,358,138


2,354,604 2,354,604 2,354,604

1,177,302 1,177,302 1,177,302


588,651 588,651 588,651

2,354,604 2,354,604 2,354,604

70,669,291 71,266,935 71,422,968

17,667,323 17,816,734 17,855,742


5,653,543 5,701,355 5,713,837

10,309,185 10,458,596 10,497,604


3,298,939 3,346,751 3,359,233

5,892,354 6,004,412 6,033,669

22,247,907 23,432,924 23,547,345

32.85% 34.30% 34.39%


Indicadores

Compañía Modelo - EVA


Proyección de Cifras

2014P 2015P 2016P 2017P 2018P

Crecimiento Nominal 22.05% 13.85% 12.89% 12.68% 3.10%


Crecimiento Real 17.86% 10.47% 9.46% 9.29% 0.00%
Inflación 3.56% 3.06% 3.14% 3.10% 3.10%
RENOAI/Ventas 35.33% 37.23% 39.03% 38.90% 38.90%
Tasa de Impuestos en Efectivo 34.00% 34.00% 33.00% 33.00% 33.00%
Capital de Trabajo Neto/Ventas 28.29% 24.66% 24.63% 20.43% 19.44%
Inversión Bruta/Ventas 76.83% 58.62% 49.05% 36.06% 30.89%
Depreciación/P.P. y Eq Final 58.15% 66.30% 71.65% 79.42% 84.95%

Cia.Modelo - EVA Página 30


Indicadores

2019P

3.10%
0.00%
3.10%
38.90%
33.00%
18.10%
33.91%
85.25%

Cia.Modelo - EVA Página 31


KWOp.
Compañía Modelo - EVA
Capital de Trabajo Operacional
Miles de pesos

2009 2010 2011 2012 2013


ACTIVOS CORRIENTES
Efectivo $11,094,671 $2,028,428 $572,128 $22,402,629 $2,915,796
Deudores Comerciales $13,447,568 $31,558,624 $18,146,320 $24,255,252 $31,616,780
Inventarios $18,068,410 $20,268,504 $26,430,760 $34,016,902 $43,554,208
Gastos pagados por anticipado $281,145 $282,098 $213,553 $369,730 $510,756
TOTAL ACTIVOS CORRIENTES $42,891,794 $54,137,654 $45,362,761 $81,044,513 $78,597,540

PASIVOS OPERACIONALES
Proveedores $2,241,868 $8,247,486 $8,194,305 $7,354,140 $11,898,726
Cuentas y Gastos por Pagar $3,864,416 $6,364,084 $8,263,067 $8,244,029 $9,083,475
Cesantías Consolidadas $606,933 $739,550 $879,922 $1,183,517 $1,386,805
Anticipos $116,309 $128,078 $168,944 $0 $0
Otros pasivos $0 $0 $0 $1,553,185 $2,837,790
Otros Pasivos a Largo Plazo $0 $0 $0 $0 $0
TOTAL PASIVOS OPERACIONALES $6,829,526 $15,479,198 $17,506,238 $18,334,871 $25,206,796
SIN IMPUESTOS

CAPITAL DE TRABAJO OPERACIONAL $36,062,268 $38,658,456 $27,856,523 $62,709,642 $53,390,744


SIN IMPUESTOS
Porcentaje Sobre Ventas 43.89% 41.85% 25.54% 47.09% 28.25%

Impuesto Sobre la Renta $1,198,581 $1,375,272 $6,990,518 $5,485,392 $7,499,105

CAPITAL DE TRABAJO OPERACIONAL $34,863,687 $37,283,184 $20,866,005 $57,224,250 $45,891,639


Porcentaje Sobre Ventas 42.43% 40.37% 19.13% 42.97% 24.29%

Compañía Modelo - EVA Página 32


KWOp.

2014P 2015P 2016P 2017P 2018P 2019P

$3,023,966 $3,123,912 $3,230,018 $3,333,849 $3,448,014 $3,569,537


$37,119,708 $37,589,704 $41,144,778 $40,878,544 $40,878,544 $40,878,544
$51,348,930 $51,258,687 $56,106,516 $53,142,107 $53,505,798 $53,142,107
$514,075 $516,964 $519,869 $522,559 $525,364 $528,185
$91,492,604 $91,972,302 $100,481,312 $97,354,499 $97,832,356 $97,590,187
16%

$13,634,641 $15,070,063 $16,518,490 $18,092,352 $19,816,169 $21,704,229


$10,408,671 $11,504,470 $12,610,198 $13,811,682 $15,127,643 $16,568,986
$1,430,919 $1,479,590 $1,530,158 $1,579,738 $1,632,924 $1,686,862
$0 $0 $0 $0 $0 $0
$3,022,506 $3,239,664 $3,482,098 $3,738,852 $4,036,771 $4,366,406
$0 $0 $0 $0 $0 $0
$28,496,737 $31,293,787 $34,140,945 $37,222,624 $40,613,506 $44,326,482

$62,995,867 $60,678,515 $66,340,368 $60,131,875 $57,218,850 $53,263,705

28.29% 24.66% 24.63% 20.43% 19.44% 18.10%

$3,517,639 $5,102,414 $6,642,810 $7,715,770 $7,800,934 $7,823,169

$59,478,228 $55,576,101 $59,697,557 $52,416,105 $49,417,916 $45,440,536


26.71% 22.59% 22.17% 17.81% 16.79% 15.44%

Compañía Modelo - EVA Página 33


KWOp.%

Compañía Modelo - EVA


Capital de Trabajo Operacional en Porcentaje
Rotación de cartera e inventarios
2009 2010 2011 2012 2013 2014P 2015P 2016P 2017P 2018P 2019P 2013 2014P 2015P 2016P 2017P 2018P 2019P
ACTIVOS OPERACIONAL
Efectivo 13.50% 2.20% 0.52% 16.82% 1.54% 1.36% 1.27% 1.20% 1.13% 1.17% 1.21%
Deudores Comerciales 16.37% 34.17% 16.64% 18.21% 16.73% 16.67% 15.28% 15.28% 13.89% 13.89% 13.89% 60 60 55 55 50 50 50
Inventarios 21.99% 21.94% 24.23% 25.54% 23.05% 23.06% 20.83% 20.83% 18.06% 18.18% 18.06% 83 83 75 75 65 65 65
TOTAL ACTIVOS OPERACIONALES 51.86% 58.31% 41.39% 60.58% 41.32% 41.08% 37.38% 37.31% 33.08% 33.24% 33.16%

PASIVOS OPERACIONALES
Proveedores 2.73% 8.93% 7.51% 5.52% 6.30% 6.12% 6.13% 6.13% 6.15% 6.73% 7.37%
Cuentas y Gastos por Pagar 4.70% 6.89% 7.58% 6.19% 4.81% 4.67% 4.68% 4.68% 4.69% 5.14% 5.63%
Cesantías Consolidadas 0.74% 0.80% 0.81% 0.89% 0.73% 0.64% 0.60% 0.57% 0.54% 0.55% 0.57% Deudores comerciales
Pensiones de Jubilación 0.14% 0.14% 0.15% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 60 60 55 55 50 50 50
Otros Pasivos a Largo Plazo 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% La estrategia en tema de rotación de cartera es bajarla de 60 a 50 días.
TOTAL PASIVOS OPERACIONALES 8.31% 16.76% 16.05% 12.60% 11.84% 11.44% 11.40% 11.38% 11.38% 12.43% 13.58%
SIN IMPUESTOS

CAPITAL DE TRABAJO OPERACIONAL 43.55% 41.55% 25.34% 47.98% 29.48% 29.64% 25.98% 25.93% 21.70% 20.81% 19.58%
SIN IMPUESTOS Inventarios
83 83 75 75 65 65 65
Impuesto Sobre la Renta 1.46% 1.49% 6.41% 4.12% 3.97% 1.58% 2.07% 2.47% 2.62% 2.65% 2.66% La estrategia es bajar la rotación de inventarios de 83 a 65 días.

CAPITAL DE TRABAJO OPERACIONAL 42.09% 40.06% 18.93% 43.86% 25.52% 28.06% 23.90% 23.46% 19.08% 18.16% 16.92%

Compañía Modelo - EVA Página 34


Proy.WACC

Compañía Modelo - EVA


Proyección WACC por CAPM

2013 2014P 2015P 2016P 2017P 2018P 2019P

riesgo pais 4.32% 4.32% 4.32% 4.32% 4.32% 4.32% 4.32%


tasa libre de riesgo Rf 6.97% 6.97% 6.97% 6.97% 6.97% 6.97% 6.97%
rendimiento del mercado 11.29% 11.29% 11.29% 11.29% 11.29% 11.29% 11.29%
Beta (unlevered) 1.12 1.12 1.12 1.12 1.12 1.12 1.12
impuesto de renta 25.00% 25.00% 25.00% 25.00% 25.00% 25.00% 25.00%
Impuesto para la equidad 9.00% 9.00% 9.00% 8.00% 8.00% 8.00% 8.00%
Impuesto a la renta + CREE 34.00% 34.00% 34.00% 33.00% 33.00% 33.00% 33.00%
Relación D/P 0.25 0.19 0.14 0.13 0.05 0.03 0.00
Beta apalancado 1.31 1.26 1.22 1.22 1.15 1.14 1.12

Pasivo Moneda Nacional 12,585,696 9,853,275 6,757,708 6,311,681 1,944,110 1,000,294 0


Pasivo Moneda Extranjera 39,554,169 30,364,175 20,824,774 19,450,282 5,991,032 3,082,540 0
Total Pasivos 52,139,865 40,217,451 27,582,482 25,761,963 7,935,142 4,082,834 0
Patrimonio 206,241,797 209,561,112 194,545,090 191,627,968 170,238,924 156,559,645 166,730,026
Total 258,381,662 249,778,563 222,127,572 217,389,930 178,174,066 160,642,479 166,730,026

Estructura de Pasivos
Coporacion financiera del exterior 43,353,675 33,440,330 22,934,504 21,420,764 6,597,976 3,394,828 0
Bancos en el exterior 8,613,670 6,644,050 4,556,713 4,255,957 1,310,910 674,497 0
Compañías de leasing 0 0 0 0 0 0 0
compañías de financiamiento 172,520 133,071 91,265 85,241 26,256 13,509 0
Total Pasivos 52,139,865 40,217,451 27,582,482 25,761,963 7,935,142 4,082,834 0

Costo de la deuda
Coporacion financiera del exterior 5.90% 5.90% 5.90% 5.90% 5.90% 5.90% 5.90%
Bancos en el exterior 4.59% 4.59% 4.59% 4.59% 4.59% 4.59% 4.59%
Compañías de leasing 9.04% 9.04% 9.04% 9.04% 9.04% 9.04% 9.04%
compañías de financiamiento 5.46% 5.46% 5.46% 5.54% 5.54% 5.54% 5.54%

Estructura de Capital
% Pasivos 20.18% 16.10% 12.42% 11.85% 4.45% 2.54% 0.00%
% Patrimonio 79.82% 83.90% 87.58% 88.15% 95.55% 97.46% 100.00%

Costo de la Deuda 5.69% 5.69% 5.69% 5.69% 5.69% 5.69% 5.69%


Costos del Equity Ke 12.62% 12.42% 12.26% 12.25% 11.96% 11.89% 11.81%

WACC 11.22% 11.34% 11.45% 11.47% 11.68% 11.74% 11.81%

WACC Período Proyección:


Inversión -$100.00
Rendimiento de la Inversión $11.22 $11.34 $11.45 $11.47 $11.68 $11.74
Recuperación de Inversión $100.00
Flujo Neto Esperado -$100.00 $11.22 $11.34 $11.45 $11.47 $11.68 $111.74

WACC Período de Proyección 11.45%

Sensibilidad WACC 0.00%

2013 2014P 2015P 2016P 2017P 2018P


0.25 0.19 0.14 0.13 0.05 0.03

Cia.Modelo - EVA Página 35


Conversión tasas

CONVERSIÓN DE TASAS 2013 2014 2015 2016 2017 2018 2019

0.683% 0.683% 0.683% 0.683% 0.683% 0.683% 0.683%


Coporacion financiera del exterior Libor Nominal 0.680% 0.680% 0.680% 0.680% 0.680% 0.680% 0.680%
Spread Nominal 5.19% 5.070% 5.070% 5.070% 5.070% 5.070% 5.070% 5.070%
5.751% 5.751% 5.751% 5.751% 5.751% 5.751% 5.751%
TASA EA 5.905% 5.905% 5.905% 5.905% 5.905% 5.905% 5.905%

4.24% 4.13% 4.96% 5.35% 5.11% 4.83% 4.36%


Compañías de leasing DTF Nominal 4.177% 4.068% 4.870% 5.246% 5.015% 4.745% 4.290%
Spread Nominal 4.571% 4.571% 4.571% 4.571% 4.571% 4.571% 4.571%
8.748% 8.639% 9.441% 9.817% 9.586% 9.316% 8.862%
TASA EA 9.039% 8.922% 9.781% 10.184% 9.936% 9.646% 9.160%

Compañías de financiamineto DTF Nominal 3.900% 3.900% 3.900% 3.900% 3.900% 3.900% 3.900%
Spread Nominal 3.90% 3.844% 3.844% 3.844% 3.844% 3.844% 3.844% 3.844%
8.021% 7.912% 8.715% 9.090% 8.859% 8.589% 8.135%
TASA EA 8.266% 8.150% 9.003% 9.405% 9.158% 8.870% 8.386%

Obligaciones Índice TASA ea Valor pasivo Wi


Coporacion financiera del exterior Libor+3,95% a 6,43% 0.683% 5.90% 43,353,675 83%
Bancos en el exterior 4.59% 8,613,670 17%
Compañías de leasing DTF+4,65% 4.24% 9.04% 0 0%
compañías de financiamiento DTF+3,4% DTF 4,4% 8.27% 172,520 0.3%
52,139,865 100%
5.70%

Cia.Modelo - EVA Página 36


CreaciónVr.

Compañía Modelo - EVA


Creación de Valor

2009 2010 2011 2012

Capital Invertido Inicial 110,000,000 111,061,997 133,381,561 92,094,170


RENOAI 8,462,932 10,135,788 10,863,860 8,222,416
RENODI 7,757,165 7,818,141 15,273,886 3,384,038

Crecimiento del RENODI 0.79% 95.36% -77.84%


Crecimiento del RENOAI 19.77% 7.18% -24.31%

Rentabilidad del Capital Invertido 7.05% 7.04% 11.45% 3.67%

WACC 11.22% 11.22% 11.22% 11.22%


Spread de Rentabilidad -4.17% -4.18% 0.23% -7.54%

Valor Económico Agregado -4,583,494 -4,641,661 310,101 -6,947,805

Tasa de Impuestos en Efectivo -8.34% -22.87% 40.59% -2328.10%

Rentabilidad Antes de Impuestos 7.69% 9.13% 8.14% 8.93%

Rotación del Capital Invertido 74.70% 83.16% 81.78% 144.61%


Rotación del Capital de Trabajo 235.69% 247.73% 522.76% 232.72%
Rotación del Capital Fijo 107.84% 96.11% 153.14% 67.68%

Gasto Mercancía Vendida/Ventas -68.35% -65.69% -68.78% -69.84%


Gastos/Ventas -21.52% -22.97% -20.97% -20.85%

Margen Operacional 10.30% 10.97% 9.96% 6.17%

Cia.Modelo - EVA Página 37


CreaciónVr.

2013 2014P 2015P 2016P 2017P 2018P

253,995,437 243,905,654 230,601,598 199,794,909 191,788,136 158,553,388


18,623,838 36,816,122 48,282,042 60,175,198 67,837,333 67,837,333
10,744,480 19,700,169 33,140,212 40,981,556 45,552,866 44,571,211

217.50% 83.35% 68.22% 23.66% 11.15% -2.15%


126.50% 97.68% 31.14% 24.63% 12.73% 0.00%

4.23% 8.08% 14.37% 20.51% 23.75% 28.11%

11.22% 11.34% 11.45% 11.47% 11.68% 11.74%


-6.99% -3.26% 2.92% 9.04% 12.07% 16.37%

-17,750,711 -7,954,611 6,744,902 18,067,754 23,148,432 25,961,836

-42.31% -46.49% -31.36% -31.90% -32.85% -34.30%

7.33% 15.09% 20.94% 30.12% 35.37% 42.79%

74.40% 91.31% 106.70% 134.79% 153.46% 185.63%


411.77% 374.45% 442.71% 451.13% 561.52% 595.58%
95.43% 130.15% 170.60% 203.88% 277.31% 323.77%

-68.58% -64.67% -62.77% -60.97% -61.10% -61.10%


-20.48% -17.85% -16.72% -15.84% -15.05% -15.05%

9.86% 16.53% 19.62% 22.34% 23.05% 23.05%

Cia.Modelo - EVA Página 38


CreaciónVr.

2019P

140,322,652
67,837,333
44,510,876

-0.14%
0.00%

31.72%

11.81%
19.91%

27,938,444

-34.39%

48.34%

209.75%
647.72%
294.92%

-61.10%
-15.05%

23.05%

Cia.Modelo - EVA Página 39


Resultados%

Compañía Modelo - EVA


Estado de Resultados en Porcentaje
Miles de pesos

2009 2010 2011 2012 2013 2014P 2015P 2016P 2017P 2018P 2019P

Ventas Netas 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Gasto Mercancía Vendida -68.35% -65.69% -68.78% -69.84% -68.58% -64.67% -62.77% -60.97% -61.10% -61.10% -61.10%
Utilidad Bruta 31.65% 34.31% 31.22% 30.16% 31.42% 35.33% 37.23% 39.03% 38.90% 38.90% 38.90%

GastosOperacionales:
de Ventas -16.10% -17.27% -15.02% -15.35% -15.91% -13.87% -12.99% -12.31% -11.69% -11.69% -11.69%
de Administración -5.42% -5.70% -5.95% -5.50% -4.57% -3.98% -3.73% -3.53% -3.36% -3.36% -3.36%
Otros Ingresos 0.84% 0.64% 1.00% 0.62% 0.93% 0.81% 0.76% 0.72% 0.68% 0.68% 0.68%
Otros Egresos -0.67% -1.00% -1.29% -3.75% -2.02% -1.76% -1.65% -1.56% -1.48% -1.48% -1.48%

Utilidad Operacional 10.30% 10.97% 9.96% 6.17% 9.86% 16.53% 19.62% 22.34% 23.05% 23.05% 23.05%

Financieros:
Intereses Recibidos 1.93% 1.50% 1.10% 4.30% 7.17% 1.15% 1.07% 1.01% 0.95% 0.95% 0.95%
Intereses Pagados -2.55% -2.24% -4.01% -10.32% -11.30% -1.98% -1.53% -1.43% -0.99% -0.79% -0.74%
Diferencia en Cambio 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Total Financieros -0.63% -0.74% -2.91% -6.02% -4.12% -0.83% -0.46% -0.42% -0.04% 0.17% 0.22%

Utilidad Antes de Impuestos 9.67% 10.23% 7.05% 0.16% 5.73% 15.70% 19.17% 21.92% 23.01% 23.21% 23.27%

Impuesto de Renta -2.27% -2.53% -2.29% -2.50% -3.49% -5.51% -6.66% -7.56% -7.92% -7.99% -8.01%

Utilidad Neta 7.41% 7.70% 4.76% -2.35% 2.24% 10.19% 12.51% 14.36% 15.09% 15.22% 15.26%

Compañía Modelo - EVA Página 40


DEUDA 15,000,000

Corporación financiera en el exterior Libor+3,95 y tasa fija hasta 5,36


6.25% EA
0.51% Mensual

Período inversion interes capital cuota


0 12,472,321
1 12,242,137 63,179 230,184 293,363
2 12,010,787 62,013 231,350 293,363
3 11,778,266 60,841 232,522 293,363
4 11,544,566 59,663 233,699 293,363
5 11,309,683 58,480 234,883 293,363
6 11,073,610 57,290 236,073 293,363
7 10,836,341 56,094 237,269 293,363
8 10,597,870 54,892 238,471 293,363
9 10,358,191 53,684 239,679 293,363
10 10,117,298 52,470 240,893 293,363
11 9,875,185 51,250 242,113 293,363
2016 12 9,631,846 50,023 243,340 293,363
13 9,387,273 48,791 244,572 293,363
14 9,141,462 47,552 245,811 293,363
15 8,894,406 46,306 247,056 293,363
16 8,646,098 45,055 248,308 293,363
17 8,396,533 43,797 249,566 293,363
18 8,145,703 42,533 250,830 293,363
19 7,893,602 41,262 252,100 293,363
20 7,640,225 39,985 253,377 293,363
21 7,385,564 38,702 254,661 293,363
22 7,129,613 37,412 255,951 293,363
23 6,872,366 36,115 257,247 293,363
2017 24 6,613,815 34,812 258,551 293,363
25 6,353,955 33,503 259,860 293,363
26 6,092,779 32,186 261,177 293,363
27 5,830,279 30,863 262,500 293,363
28 5,566,450 29,534 263,829 293,363
29 5,301,284 28,197 265,166 293,363
30 5,034,775 26,854 266,509 293,363
31 4,766,916 25,504 267,859 293,363
32 4,497,701 24,147 269,216 293,363
33 4,227,121 22,783 270,579 293,363
34 3,955,171 21,413 271,950 293,363
35 3,681,843 20,035 273,328 293,363
2018 36 3,407,131 18,651 274,712 293,363
37 3,131,027 17,259 276,104 293,363
38 2,853,525 15,860 277,502 293,363
39 2,574,617 14,455 278,908 293,363
40 2,294,296 13,042 280,321 293,363
41 2,012,555 11,622 281,741 293,363
42 1,729,387 10,195 283,168 293,363
43 1,444,784 8,760 284,603 293,363
44 1,158,740 7,319 286,044 293,363
45 871,247 5,870 287,493 293,363
46 582,297 4,413 288,949 293,363
47 291,884 2,950 290,413 293,363
2019 48 0 1,479 291,884 293,363
hasta 5,36 Bancos en el exterior
4.59% EA
0.37% Mensual

intereses capital
Período inversion interes capital
anuales abonado
0 2,478,047
1 2,430,828 9,285 47,219
2 2,383,432 9,108 47,396
3 2,335,859 8,930 47,574
4 2,288,107 8,752 47,752
5 2,240,176 8,573 47,931
6 2,192,066 8,394 48,110
7 2,143,775 8,213 48,291
8 2,095,304 8,032 48,472
9 2,046,651 7,851 48,653
10 1,997,815 7,668 48,835
11 1,948,797 7,485 49,018
782,945 3,429,932 12 1,899,595 7,302 49,202
13 1,850,208 7,117 49,386
14 1,800,637 6,932 49,571
15 1,750,880 6,747 49,757
16 1,700,936 6,560 49,944
17 1,650,805 6,373 50,131
18 1,600,487 6,185 50,319
19 1,549,979 5,997 50,507
20 1,499,283 5,807 50,696
21 1,448,397 5,618 50,886
22 1,397,320 5,427 51,077
23 1,346,051 5,235 51,268
577,952 3,634,926 24 1,294,591 5,043 51,460
25 1,242,938 4,851 51,653
26 1,191,091 4,657 51,847
27 1,139,050 4,463 52,041
28 1,086,814 4,268 52,236
29 1,034,382 4,072 52,432
30 981,754 3,876 52,628
31 928,928 3,678 52,825
32 875,905 3,481 53,023
33 822,683 3,282 53,222
34 769,262 3,082 53,421
35 715,640 2,882 53,622
360,569 3,852,308 36 661,818 2,681 53,822
37 607,793 2,480 54,024
38 553,567 2,277 54,227
39 499,137 2,074 54,430
40 444,503 1,870 54,634
41 389,665 1,665 54,838
42 334,621 1,460 55,044
43 279,371 1,254 55,250
44 223,914 1,047 55,457
45 168,249 839 55,665
46 112,376 630 55,873
47 56,293 421 56,083
130,043 4,082,834 48 -0 211 56,293
1,851,509 15,000,000
Compañías de financiamiento DTF+3,4% DTF 4,4%
8.06% EA
0.6% Mensual

cuota Período inversion interes capital cuota


0 49,632
56,504 1 48,747 322 885 1,206
56,504 2 47,857 316 891 1,206
56,504 3 46,960 310 896 1,206
56,504 4 46,058 304 902 1,206
56,504 5 45,150 298 908 1,206
56,504 6 44,236 293 914 1,206
56,504 7 43,316 287 920 1,206
56,504 8 42,391 281 926 1,206
56,504 9 41,459 275 932 1,206
56,504 10 40,521 269 938 1,206
56,504 11 39,577 263 944 1,206
56,504 12 38,627 256 950 1,206
56,504 13 37,671 250 956 1,206
56,504 14 36,709 244 962 1,206
56,504 15 35,740 238 969 1,206
56,504 16 34,765 232 975 1,206
56,504 17 33,784 225 981 1,206
56,504 18 32,797 219 988 1,206
56,504 19 31,803 213 994 1,206
56,504 20 30,802 206 1,000 1,206
56,504 21 29,796 200 1,007 1,206
56,504 22 28,782 193 1,013 1,206
56,504 23 27,762 187 1,020 1,206
56,504 24 26,736 180 1,027 1,206
56,504 25 25,702 173 1,033 1,206
56,504 26 24,663 167 1,040 1,206
56,504 27 23,616 160 1,047 1,206
56,504 28 22,563 153 1,053 1,206
56,504 29 21,502 146 1,060 1,206
56,504 30 20,435 139 1,067 1,206
56,504 31 19,361 132 1,074 1,206
56,504 32 18,280 125 1,081 1,206
56,504 33 17,192 118 1,088 1,206
56,504 34 16,097 111 1,095 1,206
56,504 35 14,995 104 1,102 1,206
56,504 36 13,886 97 1,109 1,206
56,504 37 12,769 90 1,116 1,206
56,504 38 11,645 83 1,124 1,206
56,504 39 10,514 75 1,131 1,206
56,504 40 9,376 68 1,138 1,206
56,504 41 8,230 61 1,146 1,206
56,504 42 7,077 53 1,153 1,206
56,504 43 5,917 46 1,161 1,206
56,504 44 4,749 38 1,168 1,206
56,504 45 3,573 31 1,176 1,206
56,504 46 2,390 23 1,183 1,206
56,504 47 1,199 15 1,191 1,206
56,504 48 0 8 1,199 1,206
DEUDA 52,139,865

Corporación financiera exterior Libor+3,95 y tasa fija hasta 5,36


6.25% EA
0.51% Mensual

83%
Período inversion interes capital cuota
0 43,353,675
1 42,553,559 219,610 800,116 1,019,726
2 41,749,389 215,557 804,169 1,019,726
3 40,941,146 211,483 808,243 1,019,726
4 40,128,809 207,389 812,337 1,019,726
5 39,312,357 203,274 816,452 1,019,726
6 38,491,769 199,138 820,588 1,019,726
7 37,667,024 194,982 824,745 1,019,726
8 36,838,102 190,804 828,922 1,019,726
9 36,004,980 186,605 833,121 1,019,726
10 35,167,639 182,385 837,342 1,019,726
11 34,326,055 178,143 841,583 1,019,726
2014 12 33,480,209 173,880 845,846 1,019,726
13 32,630,078 169,595 850,131 1,019,726
14 31,775,641 165,289 854,437 1,019,726
15 30,916,875 160,961 858,766 1,019,726
16 30,053,760 156,611 863,116 1,019,726
17 29,186,272 152,239 867,488 1,019,726
18 28,314,390 147,844 871,882 1,019,726
19 27,438,091 143,428 876,299 1,019,726
20 26,557,354 138,989 880,738 1,019,726
21 25,672,155 134,527 885,199 1,019,726
22 24,782,472 130,043 889,683 1,019,726
23 23,888,282 125,537 894,190 1,019,726
2015 24 22,989,563 121,007 898,719 1,019,726
25 22,086,291 116,455 903,272 1,019,726
26 21,178,444 111,879 907,847 1,019,726
27 20,265,998 107,280 912,446 1,019,726
28 19,348,929 102,658 917,068 1,019,726
29 18,427,216 98,013 921,714 1,019,726
30 17,500,833 93,344 926,383 1,019,726
31 16,569,758 88,651 931,075 1,019,726
32 15,633,967 83,935 935,792 1,019,726
33 14,693,435 79,195 940,532 1,019,726
34 13,748,139 74,430 945,296 1,019,726
35 12,798,054 69,642 950,085 1,019,726
2016 36 11,843,157 64,829 954,897 1,019,726
37 10,883,422 59,992 959,734 1,019,726
38 9,918,826 55,130 964,596 1,019,726
39 8,949,344 50,244 969,482 1,019,726
40 7,974,951 45,333 974,393 1,019,726
41 6,995,622 40,397 979,329 1,019,726
42 6,011,332 35,437 984,290 1,019,726
43 5,022,057 30,451 989,276 1,019,726
44 4,027,770 25,439 994,287 1,019,726
45 3,028,446 20,403 999,324 1,019,726
46 2,024,060 15,341 1,004,386 1,019,726
47 1,014,587 10,253 1,009,473 1,019,726
2017 48 -0 5,139 1,014,587 1,019,726

Intereses pagados
Otros gastos (diferencia en cambio+descuentos comerciales+comisiones) Miles de pesos

2014 2015 2016 2017


1,694,715 1,754,199 1,819,456 1,888,595

Intereses recibidos
promedio 2009-2012 2,473,531
hasta 5,36 Bancos en el exterior
4.59% EA
0.37% Mensual

17%
intereses capital
Período inversion interes
anuales abonado
0 8,613,670
1 8,449,537 32,274
2 8,284,789 31,659
3 8,119,424 31,042
4 7,953,439 30,422
5 7,786,832 29,800
6 7,619,601 29,176
7 7,451,743 28,549
8 7,283,257 27,920
9 7,114,139 27,289
10 6,944,387 26,655
11 6,774,000 26,019
2,721,509 11,922,414 12 6,602,974 25,381
13 6,431,307 24,740
14 6,258,997 24,097
15 6,086,041 23,451
16 5,912,438 22,803
17 5,738,184 22,153
18 5,563,277 21,500
19 5,387,714 20,845
20 5,211,494 20,187
21 5,034,614 19,527
22 4,857,071 18,864
23 4,678,862 18,199
2,008,954 12,634,969 24 4,499,986 17,531
25 4,320,440 16,861
26 4,140,221 16,188
27 3,959,327 15,513
28 3,777,755 14,835
29 3,595,503 14,155
30 3,412,567 13,472
31 3,228,947 12,786
32 3,044,638 12,098
33 2,859,639 11,408
34 2,673,947 10,715
35 2,487,559 10,019
1,253,336 13,390,587 36 2,300,472 9,320
37 2,112,685 8,619
38 1,924,194 7,916
39 1,734,996 7,210
40 1,545,090 6,501
41 1,354,472 5,789
42 1,163,141 5,075
43 971,092 4,358
44 778,323 3,639
45 584,833 2,916
46 390,617 2,191
47 195,674 1,464
452,028 14,191,895 48 0 733
52,139,865

2013
misiones) Miles de pesos
1,650,000

2018 2019
1,960,362 2,034,855
Compañías de financiamiento DTF+3,4% DTF 4,4%
8.06% EA
0.6% Mensual

0.3%
capital cuota Período inversion interes capital
0 172,520
164,133 196,407 1 169,444 1,118 3,076
164,748 196,407 2 166,349 1,098 3,096
165,365 196,407 3 163,233 1,078 3,116
165,985 196,407 4 160,097 1,058 3,136
166,607 196,407 5 156,941 1,037 3,156
167,231 196,407 6 153,765 1,017 3,177
167,858 196,407 7 150,567 996 3,197
168,487 196,407 8 147,349 976 3,218
169,118 196,407 9 144,111 955 3,239
169,752 196,407 10 140,851 934 3,260
170,388 196,407 11 137,570 913 3,281
171,026 196,407 12 134,268 892 3,302
171,667 196,407 13 130,944 870 3,324
172,310 196,407 14 127,599 849 3,345
172,956 196,407 15 124,233 827 3,367
173,604 196,407 16 120,844 805 3,389
174,254 196,407 17 117,434 783 3,411
174,907 196,407 18 114,001 761 3,433
175,562 196,407 19 110,546 739 3,455
176,220 196,407 20 107,069 716 3,477
176,880 196,407 21 103,569 694 3,500
177,543 196,407 22 100,047 671 3,522
178,208 196,407 23 96,501 648 3,545
178,876 196,407 24 92,933 625 3,568
179,546 196,407 25 89,342 602 3,591
180,219 196,407 26 85,727 579 3,615
180,894 196,407 27 82,089 556 3,638
181,572 196,407 28 78,427 532 3,662
182,252 196,407 29 74,742 508 3,685
182,935 196,407 30 71,032 484 3,709
183,621 196,407 31 67,299 460 3,733
184,309 196,407 32 63,542 436 3,758
184,999 196,407 33 59,760 412 3,782
185,692 196,407 34 55,953 387 3,806
186,388 196,407 35 52,122 363 3,831
187,086 196,407 36 48,266 338 3,856
187,787 196,407 37 44,386 313 3,881
188,491 196,407 38 40,480 288 3,906
189,197 196,407 39 36,548 262 3,931
189,906 196,407 40 32,592 237 3,957
190,618 196,407 41 28,609 211 3,982
191,332 196,407 42 24,601 185 4,008
192,049 196,407 43 20,567 159 4,034
192,768 196,407 44 16,506 133 4,060
193,491 196,407 45 12,420 107 4,087
194,216 196,407 46 8,306 80 4,113
194,943 196,407 47 4,167 54 4,140
195,674 196,407 48 0 27 4,167
+3,4% DTF 4,4%

cuota

4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
4,194
Retornos año

Updated on 4­Jan­14
Customixed Geometric risk premium estimator
What is your riskfree rate? LT Estimates of risk premiums from 1928, over 
Enter your starting year 1929  are provided at the bottom of this table.

Value of stocks in starting year: 144 
Value of T.Bills in starting year: 103 
Value of T.bonds in starting year: 101 
Estimate of risk premium based on your inputs: 4.22%

Annual Returns on Investments in Compounded Value of $ 100
Year S&P 500 3-month T.Bill
10-year T. BondStocks T.Bills T.Bonds
1928 43.81% 3.08% 0.84% $ 143.81 $ 103.08 $ 100.84
1929 -8.30% 3.16% 4.20% $ 131.88 $ 106.34 $ 105.07
1930 -25.12% 4.55% 4.54% $ 98.75 $ 111.18 $ 109.85
1931 -43.84% 2.31% -2.56% $ 55.46 $ 113.74 $ 107.03
1932 -8.64% 1.07% 8.79% $ 50.66 $ 114.96 $ 116.44
1933 49.98% 0.96% 1.86% $ 75.99 $ 116.06 $ 118.60
1934 -1.19% 0.32% 7.96% $ 75.09 $ 116.44 $ 128.05
1935 46.74% 0.18% 4.47% $ 110.18 $ 116.64 $ 133.78
1936 31.94% 0.17% 5.02% $ 145.38 $ 116.84 $ 140.49
1937 -35.34% 0.30% 1.38% $ 94.00 $ 117.19 $ 142.43
1938 29.28% 0.08% 4.21% $ 121.53 $ 117.29 $ 148.43
1939 -1.10% 0.04% 4.41% $ 120.20 $ 117.33 $ 154.98
1940 -10.67% 0.03% 5.40% $ 107.37 $ 117.36 $ 163.35
1941 -12.77% 0.08% -2.02% $ 93.66 $ 117.46 $ 160.04
1942 19.17% 0.34% 2.29% $ 111.61 $ 117.85 $ 163.72
1943 25.06% 0.38% 2.49% $ 139.59 $ 118.30 $ 167.79
1944 19.03% 0.38% 2.58% $ 166.15 $ 118.75 $ 172.12
1945 35.82% 0.38% 3.80% $ 225.67 $ 119.20 $ 178.67
1946 -8.43% 0.38% 3.13% $ 206.65 $ 119.65 $ 184.26
1947 5.20% 0.57% 0.92% $ 217.39 $ 120.33 $ 185.95
1948 5.70% 1.02% 1.95% $ 229.79 $ 121.56 $ 189.58
1949 18.30% 1.10% 4.66% $ 271.85 $ 122.90 $ 198.42
1950 30.81% 1.17% 0.43% $ 355.60 $ 124.34 $ 199.27
1951 23.68% 1.48% -0.30% $ 439.80 $ 126.18 $ 198.68
1952 18.15% 1.67% 2.27% $ 519.62 $ 128.29 $ 203.19
1953 -1.21% 1.89% 4.14% $ 513.35 $ 130.72 $ 211.61
1954 52.56% 0.96% 3.29% $ 783.18 $ 131.98 $ 218.57
1955 32.60% 1.66% -1.34% $ 1,038.47 $ 134.17 $ 215.65

Page 55
Retornos año

1956 7.44% 2.56% -2.26% $ 1,115.73 $ 137.60 $ 210.79


1957 -10.46% 3.23% 6.80% $ 999.05 $ 142.04 $ 225.11
1958 43.72% 1.78% -2.10% $ 1,435.84 $ 144.57 $ 220.39
1959 12.06% 3.26% -2.65% $ 1,608.95 $ 149.27 $ 214.56
1960 0.34% 3.05% 11.64% $ 1,614.37 $ 153.82 $ 239.53
1961 26.64% 2.27% 2.06% $ 2,044.40 $ 157.30 $ 244.46
1962 -8.81% 2.78% 5.69% $ 1,864.26 $ 161.67 $ 258.38
1963 22.61% 3.11% 1.68% $ 2,285.80 $ 166.70 $ 262.74
1964 16.42% 3.51% 3.73% $ 2,661.02 $ 172.54 $ 272.53
1965 12.40% 3.90% 0.72% $ 2,990.97 $ 179.28 $ 274.49
1966 -9.97% 4.84% 2.91% $ 2,692.74 $ 187.95 $ 282.47
1967 23.80% 4.33% -1.58% $ 3,333.69 $ 196.10 $ 278.01
1968 10.81% 5.26% 3.27% $ 3,694.23 $ 206.41 $ 287.11
1969 -8.24% 6.56% -5.01% $ 3,389.77 $ 219.96 $ 272.71
1970 3.56% 6.69% 16.75% $ 3,510.49 $ 234.66 $ 318.41
1971 14.22% 4.54% 9.79% $ 4,009.72 $ 245.32 $ 349.57
1972 18.76% 3.95% 2.82% $ 4,761.76 $ 255.01 $ 359.42
1973 -14.31% 6.73% 3.66% $ 4,080.44 $ 272.16 $ 372.57
1974 -25.90% 7.78% 1.99% $ 3,023.54 $ 293.33 $ 379.98
1975 37.00% 5.99% 3.61% $ 4,142.10 $ 310.90 $ 393.68
1976 23.83% 4.97% 15.98% $ 5,129.20 $ 326.35 $ 456.61
1977 -6.98% 5.13% 1.29% $ 4,771.20 $ 343.09 $ 462.50
1978 6.51% 6.93% -0.78% $ 5,081.77 $ 366.87 $ 458.90
1979 18.52% 9.94% 0.67% $ 6,022.89 $ 403.33 $ 461.98
1980 31.74% 11.22% -2.99% $ 7,934.26 $ 448.58 $ 448.17
1981 -4.70% 14.30% 8.20% $ 7,561.16 $ 512.73 $ 484.91
1982 20.42% 11.01% 32.81% $ 9,105.08 $ 569.18 $ 644.04
1983 22.34% 8.45% 3.20% $ 11,138.90 $ 617.26 $ 664.65
1984 6.15% 9.61% 13.73% $ 11,823.51 $ 676.60 $ 755.92
1985 31.24% 7.49% 25.71% $ 15,516.60 $ 727.26 $ 950.29
1986 18.49% 6.04% 24.28% $ 18,386.33 $ 771.15 $ 1,181.06
1987 5.81% 5.72% -4.96% $ 19,455.08 $ 815.27 $ 1,122.47
1988 16.54% 6.45% 8.22% $ 22,672.40 $ 867.86 $ 1,214.78
1989 31.48% 8.11% 17.69% $ 29,808.58 $ 938.24 $ 1,429.72
1990 -3.06% 7.55% 6.24% $ 28,895.11 $ 1,009.08 $ 1,518.87
1991 30.23% 5.61% 15.00% $ 37,631.51 $ 1,065.69 $ 1,746.77
1992 7.49% 3.41% 9.36% $ 40,451.51 $ 1,101.98 $ 1,910.30
1993 9.97% 2.98% 14.21% $ 44,483.33 $ 1,134.84 $ 2,181.77
1994 1.33% 3.99% -8.04% $ 45,073.14 $ 1,180.07 $ 2,006.43
1995 37.20% 5.52% 23.48% $ 61,838.19 $ 1,245.15 $ 2,477.55

Page 56
Retornos año

1996 22.68% 5.02% 1.43% $ 75,863.69 $ 1,307.68 $ 2,512.94


1997 33.10% 5.05% 9.94% $ 100,977.34 $ 1,373.76 $ 2,762.71
1998 28.34% 4.73% 14.92% $ 129,592.25 $ 1,438.70 $ 3,174.95
1999 20.89% 4.51% -8.25% $ 156,658.05 $ 1,503.58 $ 2,912.88
2000 -9.03% 5.76% 16.66% $ 142,508.98 $ 1,590.23 $ 3,398.03
2001 -11.85% 3.67% 5.57% $ 125,622.01 $ 1,648.63 $ 3,587.37
2002 -21.97% 1.66% 15.12% $ 98,027.82 $ 1,675.96 $ 4,129.65
2003 28.36% 1.03% 0.38% $ 125,824.39 $ 1,693.22 $ 4,145.15
2004 10.74% 1.23% 4.49% $ 139,341.42 $ 1,714.00 $ 4,331.30
2005 4.83% 3.01% 2.87% $ 146,077.85 $ 1,765.59 $ 4,455.50
2006 15.61% 4.68% 1.96% $ 168,884.34 $ 1,848.18 $ 4,542.87
2007 5.48% 4.64% 10.21% $ 178,147.20 $ 1,933.98 $ 5,006.69
2008 -36.55% 1.59% 20.10% $ 113,030.22 $ 1,964.64 $ 6,013.10
2009 25.94% 0.14% -11.12% $ 142,344.87 $ 1,967.29 $ 5,344.65
2010 14.82% 0.13% 8.46% $ 163,441.94 $ 1,969.84 $ 5,796.96
2011 2.10% 0.03% 16.04% $ 166,871.56 $ 1,970.44 $ 6,726.52
2012 15.89% 0.05% 2.97% $ 193,388.43 $ 1,971.42 $ 6,926.40
2013 32.15% 0.07% -9.10% $ 255,553.31 $ 1,972.72 $ 6,295.79
Risk Premium
Arithmetic Average Stocks ­ T.BilStocks ­ T.Bon
1928­2013 11.50% 3.57% 5.21% 7.93% 6.29%
1964­2013 11.29% 5.11% 6.97% 6.18% 4.32%
2004­2013 9.10% 1.56% 4.69% 7.55% 4.41%
Risk Premium
Geometric Average Stocks ­ T.BilStocks ­ T.Bonds
1928­2013 9.55% 3.53% 4.93% 6.02% 4.62%
1964­2013 9.89% 5.07% 6.56% 4.83% 3.33%
2004­2013 7.34% 1.54% 4.27% 5.80% 3.07%

Page 57
Retornos año

 premiums from 1928, over the last 40 years and over the last 10 years
he bottom of this table.

Stocks - BillsStocks - BondHistorical risk premium


40.73% 42.98%
-11.46% -12.50%
-29.67% -29.66%
-46.15% -41.28%
-9.71% -17.43%
49.02% 48.13%
-1.51% -9.15%
46.57% 42.27%
31.77% 26.93%
-35.64% -36.72%
29.21% 25.07%
-1.14% -5.51%
-10.70% -16.08%
-12.85% -10.75%
18.84% 16.88%
24.68% 22.57%
18.65% 16.45%
35.44% 32.02%
-8.81% -11.56%
4.63% 4.28%
4.68% 3.75%
17.20% 13.64%
29.63% 30.38%
22.20% 23.97%
16.48% 15.88%
-3.10% -5.35%
51.60% 49.27%
30.94% 33.93%

Page 58
Retornos año

4.88% 9.70%
-13.69% -17.25%
41.94% 45.82%
8.80% 14.70%
-2.71% -11.30% 6.11%
24.37% 24.58% 6.62%
-11.59% -14.51% 5.97%
19.50% 20.93% 6.36%
12.91% 12.69% 6.53%
8.50% 11.68% 6.66%
-14.81% -12.88% 6.11%
19.47% 25.38% 6.57%
5.55% 7.54% 6.60%
-14.80% -3.23% 6.33%
-3.12% -13.19% 5.90%
9.68% 4.43% 5.87%
14.80% 15.94% 6.08%
-21.03% -17.97% 5.50%
-33.68% -27.89% 4.64%
31.01% 33.39% 5.17%
18.86% 7.85% 5.22%
-12.11% -8.27% 4.93%
-0.42% 7.29% 4.97%
8.58% 17.85% 5.21%
20.52% 34.72% 5.73%
-19.00% -12.90% 5.37%
9.41% -12.40% 5.10%
13.89% 19.14% 5.34%
-3.47% -7.59% 5.12%
23.75% 5.52% 5.13%
12.46% -5.79% 4.97%
0.09% 10.77% 5.07%
10.09% 8.31% 5.12%
23.37% 13.78% 5.24%
-10.61% -9.30% 5.00%
24.62% 15.23% 5.14%
4.09% -1.87% 5.03%
6.98% -4.24% 4.90%
-2.66% 9.36% 4.97%
31.68% 13.71% 5.08%

Page 59
Retornos año

17.66% 21.25% 5.30%


28.05% 23.16% 5.53%
23.61% 13.42% 5.63%
16.38% 29.14% 5.96%
-14.79% -25.69% 5.51%
-15.52% -17.42% 5.17%
-23.62% -37.08% 4.53%
27.33% 27.98% 4.82%
9.52% 6.25% 4.84%
1.82% 1.97% 4.80%
10.94% 13.65% 4.91%
0.84% -4.73% 4.79%
-38.14% -56.65% 3.88%
25.80% 37.05% 4.29%
14.69% 6.36% 4.31%
2.07% -13.94% 4.10%
15.84% 12.92% 4.20%
32.08% 41.25% 4.62%
Standard Error
Stocks ­ T.BiStocks ­ T.Bonds
2.19% 2.34%
2.42% 2.75%
6.02% 8.66%

ocks ­ T.Bonds

Page 60
Tasa de interés externa - LIBOR

Serie histórica LIBOR a 1 mes / 2 meses / 3 meses / 6 meses / 12 meses


Información disponible desde el 2 de enero de 2007
2014

Fecha Libor a 1 mes Libor a 2 meses Libor a 3 meses Libor a 6 meses Libor a 12 meses
5/26/2014 0.15% 0.19% 0.23% 0.32% 0.54%
5/23/2014 0.15% 0.19% 0.23% 0.32% 0.54%
5/22/2014 0.15% 0.19% 0.23% 0.32% 0.53%
5/21/2014 0.15% 0.19% 0.23% 0.32% 0.53%
5/20/2014 0.15% 0.19% 0.23% 0.33% 0.53%
5/19/2014 0.15% 0.19% 0.23% 0.32% 0.53%
5/16/2014 0.15% 0.19% 0.23% 0.33% 0.53%
5/15/2014 0.15% 0.19% 0.23% 0.32% 0.53%
5/14/2014 0.15% 0.19% 0.23% 0.32% 0.54%
5/13/2014 0.15% 0.19% 0.22% 0.32% 0.54%
5/12/2014 0.15% 0.19% 0.23% 0.32% 0.54%
5/9/2014 0.15% 0.19% 0.22% 0.32% 0.54%
5/8/2014 0.15% 0.19% 0.22% 0.32% 0.54%
5/7/2014 0.15% 0.19% 0.22% 0.32% 0.54%
5/6/2014 0.15% 0.19% 0.22% 0.32% 0.54%
5/5/2014 0.15% 0.19% 0.22% 0.32% 0.55%
5/2/2014 0.15% 0.19% 0.22% 0.32% 0.55%
4/30/2014 0.15% 0.19% 0.22% 0.32% 0.55%
4/29/2014 0.15% 0.19% 0.23% 0.32% 0.55%
4/28/2014 0.15% 0.19% 0.22% 0.33% 0.55%
4/25/2014 0.15% 0.19% 0.23% 0.32% 0.55%
4/24/2014 0.15% 0.19% 0.23% 0.32% 0.55%
4/23/2014 0.15% 0.19% 0.23% 0.32% 0.55%
4/22/2014 0.15% 0.19% 0.23% 0.32% 0.55%
4/21/2014 0.15% 0.19% 0.23% 0.32% 0.55%
4/16/2014 0.15% 0.19% 0.23% 0.32% 0.55%
4/15/2014 0.15% 0.19% 0.23% 0.32% 0.55%
4/14/2014 0.15% 0.19% 0.23% 0.32% 0.55%
4/11/2014 0.15% 0.19% 0.23% 0.32% 0.55%
4/10/2014 0.15% 0.19% 0.23% 0.32% 0.55%
4/9/2014 0.15% 0.19% 0.23% 0.33% 0.55%
4/8/2014 0.15% 0.19% 0.23% 0.33% 0.55%
4/7/2014 0.15% 0.19% 0.23% 0.33% 0.55%
4/4/2014 0.15% 0.19% 0.23% 0.33% 0.56%
4/3/2014 0.15% 0.19% 0.23% 0.33% 0.56%
4/2/2014 0.15% 0.19% 0.23% 0.33% 0.56%
4/1/2014 0.15% 0.19% 0.23% 0.33% 0.55%
3/31/2014 0.15% 0.19% 0.23% 0.33% 0.56%
3/28/2014 0.15% 0.20% 0.23% 0.33% 0.56%
3/27/2014 0.15% 0.20% 0.23% 0.33% 0.56%
3/26/2014 0.15% 0.19% 0.23% 0.33% 0.56%
3/25/2014 0.15% 0.19% 0.23% 0.33% 0.56%
3/21/2014 0.15% 0.20% 0.23% 0.33% 0.56%
3/20/2014 0.15% 0.20% 0.23% 0.33% 0.56%
3/19/2014 0.16% 0.20% 0.23% 0.33% 0.56%
3/18/2014 0.16% 0.20% 0.23% 0.33% 0.56%
3/17/2014 0.16% 0.20% 0.23% 0.33% 0.56%
3/14/2014 0.16% 0.20% 0.23% 0.33% 0.56%
3/13/2014 0.16% 0.20% 0.23% 0.33% 0.56%
3/12/2014 0.16% 0.20% 0.23% 0.33% 0.56%
3/11/2014 0.16% 0.20% 0.23% 0.33% 0.56%
3/10/2014 0.16% 0.20% 0.23% 0.33% 0.56%
3/7/2014 0.16% 0.20% 0.24% 0.33% 0.55%
3/6/2014 0.15% 0.20% 0.24% 0.33% 0.55%
3/5/2014 0.16% 0.20% 0.23% 0.33% 0.55%
3/4/2014 0.16% 0.20% 0.24% 0.33% 0.55%
3/3/2014 0.16% 0.20% 0.24% 0.33% 0.55%
2/28/2014 0.16% 0.20% 0.24% 0.33% 0.55%
2/27/2014 0.15% 0.20% 0.24% 0.33% 0.55%
2/26/2014 0.15% 0.19% 0.23% 0.33% 0.55%
2/25/2014 0.15% 0.19% 0.23% 0.33% 0.55%
2/24/2014 0.15% 0.19% 0.23% 0.33% 0.55%
2/21/2014 0.16% 0.20% 0.23% 0.33% 0.56%
2/20/2014 0.16% 0.20% 0.24% 0.33% 0.55%
2/19/2014 0.15% 0.19% 0.23% 0.33% 0.55%
2/18/2014 0.15% 0.19% 0.23% 0.33% 0.55%
2/17/2014 0.15% 0.19% 0.24% 0.33% 0.55%
2/14/2014 0.15% 0.20% 0.24% 0.33% 0.55%
2/13/2014 0.15% 0.20% 0.24% 0.33% 0.55%
2/12/2014 0.15% 0.20% 0.24% 0.33% 0.55%
2/11/2014 0.15% 0.20% 0.24% 0.33% 0.55%
2/10/2014 0.15% 0.20% 0.23% 0.33% 0.55%
2/7/2014 0.16% 0.20% 0.23% 0.33% 0.56%
2/6/2014 0.16% 0.20% 0.24% 0.33% 0.56%
2/5/2014 0.16% 0.20% 0.24% 0.33% 0.56%
2/4/2014 0.16% 0.20% 0.24% 0.33% 0.56%
2/3/2014 0.16% 0.20% 0.24% 0.33% 0.56%
1/31/2014 0.16% 0.20% 0.24% 0.34% 0.57%
1/30/2014 0.16% 0.20% 0.24% 0.34% 0.57%
1/29/2014 0.16% 0.20% 0.24% 0.33% 0.57%
1/28/2014 0.16% 0.20% 0.24% 0.33% 0.57%
1/27/2014 0.16% 0.20% 0.24% 0.33% 0.57%
1/24/2014 0.16% 0.20% 0.24% 0.33% 0.57%
1/23/2014 0.16% 0.20% 0.24% 0.34% 0.57%
1/22/2014 0.16% 0.20% 0.24% 0.33% 0.57%
1/21/2014 0.16% 0.20% 0.24% 0.33% 0.57%
1/20/2014 0.16% 0.20% 0.24% 0.33% 0.57%
1/17/2014 0.16% 0.20% 0.24% 0.33% 0.57%
1/16/2014 0.16% 0.20% 0.24% 0.33% 0.57%
1/15/2014 0.16% 0.20% 0.24% 0.34% 0.57%
1/14/2014 0.16% 0.21% 0.24% 0.34% 0.57%
1/13/2014 0.16% 0.21% 0.24% 0.34% 0.57%
1/10/2014 0.16% 0.21% 0.24% 0.34% 0.58%
1/9/2014 0.16% 0.21% 0.24% 0.34% 0.58%
1/8/2014 0.16% 0.21% 0.24% 0.35% 0.59%
1/7/2014 0.16% 0.21% 0.24% 0.34% 0.59%
1/3/2014 0.16% 0.21% 0.24% 0.35% 0.58%
1/2/2014 0.17% 0.21% 0.24% 0.35% 0.58%
2013
Libor a 1 mes Libor a 2 meses Libor a 3 meses Libor a 6 meses Libor a 12 meses
Fecha
12/31/2013 0.17% 0.21% 0.25% 0.35% 0.58%
12/30/2013 0.17% 0.21% 0.25% 0.35% 0.58%
12/27/2013 0.17% 0.21% 0.25% 0.35% 0.58%
12/26/2013 0.17% 0.21% 0.25% 0.35% 0.58%
12/24/2013 0.17% 0.21% 0.25% 0.35% 0.58%
12/23/2013 0.16% 0.21% 0.25% 0.35% 0.58%
12/20/2013 0.16% 0.22% 0.25% 0.35% 0.58%
12/19/2013 0.16% 0.21% 0.25% 0.35% 0.58%
12/18/2013 0.17% 0.21% 0.25% 0.35% 0.58%
12/17/2013 0.17% 0.21% 0.24% 0.35% 0.58%
12/16/2013 0.17% 0.21% 0.24% 0.35% 0.58%
12/13/2013 0.16% 0.21% 0.24% 0.35% 0.58%
12/12/2013 0.17% 0.21% 0.24% 0.34% 0.58%
12/11/2013 0.17% 0.21% 0.24% 0.34% 0.57%
12/10/2013 0.17% 0.22% 0.24% 0.34% 0.57%
12/9/2013 0.17% 0.21% 0.24% 0.34% 0.57%
12/6/2013 0.17% 0.21% 0.24% 0.34% 0.58%
12/5/2013 0.17% 0.21% 0.24% 0.35% 0.58%
12/4/2013 0.17% 0.21% 0.24% 0.34% 0.58%
12/3/2013 0.17% 0.21% 0.24% 0.34% 0.58%
12/2/2013 0.17% 0.21% 0.24% 0.35% 0.58%
11/29/2013 0.17% 0.21% 0.24% 0.35% 0.58%
11/28/2013 0.17% 0.21% 0.24% 0.35% 0.58%
11/27/2013 0.17% 0.21% 0.24% 0.35% 0.58%
11/26/2013 0.16% 0.21% 0.24% 0.34% 0.58%
11/25/2013 0.16% 0.20% 0.24% 0.34% 0.57%
11/22/2013 0.17% 0.21% 0.24% 0.35% 0.57%
11/21/2013 0.17% 0.21% 0.24% 0.35% 0.58%
11/20/2013 0.17% 0.21% 0.24% 0.35% 0.58%
11/19/2013 0.17% 0.21% 0.24% 0.35% 0.58%
11/18/2013 0.17% 0.21% 0.24% 0.35% 0.59%
11/15/2013 0.17% 0.21% 0.24% 0.35% 0.58%
11/14/2013 0.17% 0.21% 0.24% 0.35% 0.59%
11/13/2013 0.17% 0.21% 0.24% 0.36% 0.59%
11/12/2013 0.17% 0.21% 0.24% 0.35% 0.59%
11/8/2013 0.17% 0.21% 0.24% 0.35% 0.59%
11/7/2013 0.17% 0.21% 0.24% 0.35% 0.60%
11/6/2013 0.17% 0.21% 0.24% 0.35% 0.60%
11/5/2013 0.17% 0.21% 0.24% 0.35% 0.60%
11/1/2013 0.17% 0.21% 0.24% 0.35% 0.60%
10/31/2013 0.17% 0.21% 0.24% 0.35% 0.60%
10/30/2013 0.17% 0.21% 0.24% 0.35% 0.60%
10/29/2013 0.17% 0.21% 0.24% 0.36% 0.61%
10/28/2013 0.17% 0.21% 0.24% 0.35% 0.61%
10/25/2013 0.17% 0.21% 0.24% 0.35% 0.61%
10/24/2013 0.17% 0.21% 0.24% 0.36% 0.61%
10/23/2013 0.17% 0.21% 0.24% 0.36% 0.61%
10/22/2013 0.17% 0.21% 0.24% 0.36% 0.61%
10/21/2013 0.17% 0.21% 0.24% 0.36% 0.61%
10/18/2013 0.17% 0.21% 0.24% 0.36% 0.61%
10/17/2013 0.17% 0.21% 0.24% 0.36% 0.62%
10/16/2013 0.18% 0.22% 0.25% 0.36% 0.63%
10/15/2013 0.17% 0.21% 0.24% 0.36% 0.63%
10/11/2013 0.17% 0.22% 0.24% 0.36% 0.63%
10/10/2013 0.17% 0.21% 0.24% 0.37% 0.63%
10/9/2013 0.18% 0.22% 0.25% 0.37% 0.63%
10/8/2013 0.17% 0.22% 0.24% 0.37% 0.62%
10/7/2013 0.17% 0.21% 0.24% 0.37% 0.62%
10/4/2013 0.17% 0.21% 0.24% 0.37% 0.62%
10/3/2013 0.17% 0.21% 0.24% 0.37% 0.62%
10/2/2013 0.18% 0.21% 0.24% 0.37% 0.62%
10/1/2013 0.18% 0.22% 0.25% 0.37% 0.63%
9/30/2013 0.18% 0.22% 0.25% 0.37% 0.63%
9/27/2013 0.18% 0.22% 0.25% 0.37% 0.63%
9/26/2013 0.18% 0.22% 0.25% 0.37% 0.63%
9/25/2013 0.18% 0.22% 0.25% 0.37% 0.63%
9/24/2013 0.18% 0.22% 0.25% 0.37% 0.64%
9/23/2013 0.18% 0.22% 0.25% 0.37% 0.64%
9/20/2013 0.18% 0.22% 0.25% 0.37% 0.64%
9/19/2013 0.18% 0.22% 0.25% 0.37% 0.64%
9/18/2013 0.18% 0.22% 0.25% 0.38% 0.65%
9/17/2013 0.18% 0.22% 0.25% 0.38% 0.65%
9/16/2013 0.18% 0.22% 0.25% 0.38% 0.66%
9/13/2013 0.18% 0.22% 0.25% 0.38% 0.66%
9/12/2013 0.18% 0.22% 0.25% 0.38% 0.66%
9/11/2013 0.18% 0.22% 0.25% 0.39% 0.67%
9/10/2013 0.18% 0.22% 0.26% 0.39% 0.67%
9/9/2013 0.18% 0.22% 0.26% 0.39% 0.67%
9/6/2013 0.18% 0.22% 0.26% 0.39% 0.68%
9/5/2013 0.18% 0.22% 0.26% 0.39% 0.68%
9/4/2013 0.18% 0.22% 0.26% 0.39% 0.67%
9/3/2013 0.18% 0.23% 0.26% 0.39% 0.67%
9/2/2013 0.18% 0.23% 0.26% 0.39% 0.67%
8/30/2013 0.18% 0.23% 0.26% 0.39% 0.67%
8/29/2013 0.18% 0.23% 0.26% 0.39% 0.67%
8/28/2013 0.18% 0.23% 0.26% 0.39% 0.67%
8/27/2013 0.18% 0.23% 0.26% 0.39% 0.67%
8/26/2013 0.18% 0.23% 0.26% 0.40% 0.68%
8/23/2013 0.18% 0.23% 0.26% 0.40% 0.68%
8/22/2013 0.18% 0.23% 0.26% 0.40% 0.67%
8/21/2013 0.18% 0.23% 0.26% 0.39% 0.67%
8/20/2013 0.18% 0.23% 0.26% 0.39% 0.67%
8/16/2013 0.18% 0.23% 0.26% 0.39% 0.67%
8/15/2013 0.18% 0.23% 0.26% 0.39% 0.67%
8/14/2013 0.18% 0.23% 0.26% 0.40% 0.67%
8/13/2013 0.18% 0.23% 0.26% 0.40% 0.66%
8/12/2013 0.18% 0.23% 0.26% 0.40% 0.67%
8/9/2013 0.18% 0.23% 0.26% 0.39% 0.66%
8/8/2013 0.19% 0.23% 0.26% 0.40% 0.66%
8/6/2013 0.19% 0.23% 0.27% 0.40% 0.67%
8/5/2013 0.19% 0.23% 0.27% 0.40% 0.67%
8/2/2013 0.19% 0.23% 0.27% 0.40% 0.67%
8/1/2013 0.19% 0.23% 0.27% 0.40% 0.67%
7/31/2013 0.19% 0.23% 0.27% 0.40% 0.67%
7/30/2013 0.19% 0.23% 0.27% 0.40% 0.67%
7/29/2013 0.19% 0.23% 0.27% 0.40% 0.67%
7/26/2013 0.19% 0.23% 0.27% 0.40% 0.67%
7/25/2013 0.19% 0.23% 0.26% 0.40% 0.68%
7/24/2013 0.19% 0.23% 0.26% 0.40% 0.68%
7/23/2013 0.19% 0.23% 0.27% 0.40% 0.68%
7/22/2013 0.19% 0.23% 0.26% 0.40% 0.68%
7/19/2013 0.19% 0.23% 0.26% 0.40% 0.68%
7/18/2013 0.19% 0.23% 0.27% 0.40% 0.68%
7/17/2013 0.19% 0.23% 0.27% 0.40% 0.68%
7/16/2013 0.19% 0.23% 0.27% 0.40% 0.69%
7/15/2013 0.19% 0.23% 0.27% 0.40% 0.69%
7/12/2013 0.19% 0.23% 0.27% 0.40% 0.69%
7/11/2013 0.19% 0.23% 0.27% 0.40% 0.69%
7/10/2013 0.19% 0.24% 0.27% 0.41% 0.69%
7/9/2013 0.19% 0.24% 0.27% 0.41% 0.69%
7/8/2013 0.19% 0.24% 0.27% 0.41% 0.69%
7/5/2013 0.19% 0.24% 0.27% 0.41% 0.69%
7/4/2013 0.19% 0.24% 0.27% 0.41% 0.69%
7/3/2013 0.19% 0.24% 0.27% 0.41% 0.69%
7/2/2013 0.20% 0.24% 0.27% 0.41% 0.69%
6/28/2013 0.19% 0.24% 0.27% 0.41% 0.69%
6/27/2013 0.20% 0.24% 0.27% 0.42% 0.69%
6/26/2013 0.20% 0.24% 0.28% 0.42% 0.70%
6/25/2013 0.19% 0.24% 0.28% 0.42% 0.70%
6/24/2013 0.20% 0.24% 0.28% 0.43% 0.70%
6/21/2013 0.19% 0.23% 0.27% 0.41% 0.68%
6/20/2013 0.19% 0.23% 0.27% 0.41% 0.68%
6/19/2013 0.19% 0.23% 0.27% 0.41% 0.67%
6/18/2013 0.19% 0.23% 0.27% 0.41% 0.67%
6/17/2013 0.19% 0.23% 0.27% 0.41% 0.67%
6/14/2013 0.19% 0.23% 0.27% 0.41% 0.67%
6/13/2013 0.19% 0.23% 0.27% 0.41% 0.68%
6/12/2013 0.19% 0.23% 0.27% 0.41% 0.68%
6/11/2013 0.19% 0.23% 0.27% 0.41% 0.68%
6/7/2013 0.19% 0.23% 0.28% 0.41% 0.69%
6/6/2013 0.19% 0.23% 0.27% 0.41% 0.69%
6/5/2013 0.19% 0.23% 0.27% 0.41% 0.69%
6/4/2013 0.19% 0.23% 0.27% 0.41% 0.69%
5/31/2013 0.19% 0.23% 0.28% 0.41% 0.69%
5/30/2013 0.19% 0.23% 0.27% 0.42% 0.69%
5/29/2013 0.19% 0.23% 0.28% 0.42% 0.69%
5/28/2013 0.19% 0.23% 0.27% 0.42% 0.68%
5/27/2013 0.19% 0.23% 0.27% 0.42% 0.69%
5/24/2013 0.19% 0.23% 0.27% 0.42% 0.69%
5/23/2013 0.19% 0.23% 0.27% 0.42% 0.69%
5/22/2013 0.20% 0.23% 0.27% 0.42% 0.69%
5/21/2013 0.20% 0.23% 0.27% 0.42% 0.69%
5/20/2013 0.20% 0.23% 0.27% 0.42% 0.69%
5/17/2013 0.20% 0.23% 0.27% 0.42% 0.69%
5/16/2013 0.20% 0.23% 0.27% 0.42% 0.69%
5/15/2013 0.20% 0.24% 0.27% 0.42% 0.69%
5/14/2013 0.20% 0.24% 0.27% 0.42% 0.70%
5/10/2013 0.20% 0.24% 0.28% 0.43% 0.70%
5/9/2013 0.20% 0.24% 0.28% 0.43% 0.70%
5/8/2013 0.20% 0.24% 0.28% 0.43% 0.70%
5/7/2013 0.20% 0.24% 0.28% 0.43% 0.70%
5/6/2013 0.20% 0.24% 0.28% 0.43% 0.70%
5/3/2013 0.20% 0.24% 0.28% 0.43% 0.70%
5/2/2013 0.20% 0.24% 0.27% 0.43% 0.70%
4/30/2013 0.20% 0.24% 0.27% 0.43% 0.70%
4/29/2013 0.20% 0.24% 0.27% 0.43% 0.71%
4/26/2013 0.20% 0.24% 0.28% 0.43% 0.71%
4/25/2013 0.20% 0.24% 0.28% 0.43% 0.71%
4/24/2013 0.20% 0.24% 0.28% 0.43% 0.71%
4/23/2013 0.20% 0.24% 0.28% 0.43% 0.71%
4/22/2013 0.20% 0.24% 0.28% 0.43% 0.72%
4/19/2013 0.20% 0.24% 0.28% 0.43% 0.72%
4/18/2013 0.20% 0.24% 0.28% 0.43% 0.72%
4/17/2013 0.20% 0.24% 0.28% 0.43% 0.72%
4/16/2013 0.20% 0.24% 0.28% 0.44% 0.72%
4/15/2013 0.20% 0.24% 0.28% 0.44% 0.72%
4/12/2013 0.20% 0.24% 0.28% 0.44% 0.72%
4/11/2013 0.20% 0.24% 0.28% 0.44% 0.72%
4/10/2013 0.20% 0.24% 0.28% 0.44% 0.72%
4/9/2013 0.20% 0.24% 0.28% 0.44% 0.72%
4/8/2013 0.20% 0.24% 0.28% 0.44% 0.72%
4/5/2013 0.20% 0.24% 0.28% 0.44% 0.72%
4/4/2013 0.20% 0.24% 0.28% 0.44% 0.72%
4/3/2013 0.20% 0.24% 0.28% 0.44% 0.73%
4/2/2013 0.20% 0.24% 0.28% 0.44% 0.73%
4/1/2013 0.20% 0.24% 0.28% 0.44% 0.73%
3/28/2013 0.20% 0.24% 0.28% 0.44% 0.73%
3/27/2013 0.20% 0.24% 0.28% 0.44% 0.73%
3/26/2013 0.20% 0.24% 0.28% 0.45% 0.73%
3/22/2013 0.20% 0.24% 0.28% 0.45% 0.74%
3/21/2013 0.20% 0.24% 0.28% 0.45% 0.74%
3/20/2013 0.20% 0.24% 0.28% 0.45% 0.74%
3/19/2013 0.20% 0.24% 0.28% 0.45% 0.74%
3/18/2013 0.20% 0.24% 0.28% 0.45% 0.73%
3/15/2013 0.20% 0.24% 0.28% 0.44% 0.73%
3/14/2013 0.20% 0.24% 0.28% 0.44% 0.73%
3/13/2013 0.20% 0.24% 0.28% 0.44% 0.73%
3/12/2013 0.20% 0.24% 0.28% 0.45% 0.73%
3/11/2013 0.20% 0.24% 0.28% 0.45% 0.73%
3/8/2013 0.20% 0.24% 0.28% 0.45% 0.73%
3/7/2013 0.20% 0.24% 0.28% 0.45% 0.74%
3/6/2013 0.20% 0.24% 0.28% 0.45% 0.74%
3/5/2013 0.20% 0.24% 0.28% 0.45% 0.74%
3/4/2013 0.21% 0.24% 0.28% 0.46% 0.75%
3/1/2013 0.20% 0.24% 0.28% 0.46% 0.75%
2/28/2013 0.20% 0.24% 0.29% 0.46% 0.75%
2/27/2013 0.20% 0.24% 0.29% 0.46% 0.75%
2/26/2013 0.20% 0.24% 0.29% 0.46% 0.75%
2/25/2013 0.20% 0.24% 0.29% 0.46% 0.75%
2/22/2013 0.20% 0.25% 0.29% 0.46% 0.76%
2/21/2013 0.20% 0.25% 0.29% 0.46% 0.76%
2/20/2013 0.20% 0.25% 0.29% 0.46% 0.76%
2/19/2013 0.20% 0.25% 0.29% 0.46% 0.76%
2/18/2013 0.20% 0.25% 0.29% 0.46% 0.76%
2/15/2013 0.20% 0.25% 0.29% 0.46% 0.76%
2/14/2013 0.20% 0.25% 0.29% 0.46% 0.76%
2/13/2013 0.20% 0.25% 0.29% 0.46% 0.76%
2/12/2013 0.20% 0.25% 0.29% 0.47% 0.76%
2/11/2013 0.20% 0.25% 0.29% 0.46% 0.77%
2/8/2013 0.20% 0.25% 0.29% 0.47% 0.77%
2/7/2013 0.20% 0.25% 0.29% 0.47% 0.77%
2/6/2013 0.20% 0.25% 0.29% 0.47% 0.77%
2/5/2013 0.20% 0.25% 0.30% 0.47% 0.77%
2/4/2013 0.20% 0.25% 0.30% 0.47% 0.77%
2/1/2013 0.20% 0.25% 0.30% 0.47% 0.78%
1/31/2013 0.20% 0.25% 0.30% 0.47% 0.78%
1/30/2013 0.20% 0.25% 0.30% 0.47% 0.79%
1/29/2013 0.20% 0.25% 0.30% 0.48% 0.80%
1/28/2013 0.20% 0.25% 0.30% 0.48% 0.80%
1/25/2013 0.20% 0.25% 0.30% 0.48% 0.80%
1/24/2013 0.20% 0.25% 0.30% 0.48% 0.80%
1/23/2013 0.20% 0.25% 0.30% 0.48% 0.81%
1/22/2013 0.20% 0.25% 0.30% 0.48% 0.81%
1/21/2013 0.20% 0.25% 0.30% 0.48% 0.81%
1/18/2013 0.20% 0.25% 0.30% 0.48% 0.81%
1/17/2013 0.20% 0.25% 0.30% 0.49% 0.81%
1/16/2013 0.21% 0.25% 0.30% 0.49% 0.81%
1/15/2013 0.21% 0.25% 0.30% 0.49% 0.81%
1/14/2013 0.21% 0.25% 0.30% 0.49% 0.82%
1/11/2013 0.21% 0.25% 0.30% 0.50% 0.82%
1/10/2013 0.21% 0.25% 0.31% 0.50% 0.82%
1/9/2013 0.21% 0.25% 0.31% 0.50% 0.83%
1/8/2013 0.21% 0.25% 0.31% 0.50% 0.83%
1/4/2013 0.21% 0.25% 0.31% 0.50% 0.84%
1/3/2013 0.21% 0.25% 0.31% 0.50% 0.84%
1/2/2013 0.21% 0.25% 0.31% 0.51% 0.84%
2012

Libor a 1 mes Libor a 2 meses Libor a 3 meses Libor a 6 meses Libor a 12 meses
Fecha
12/31/2012 0.21% 0.25% 0.31% 0.51% 0.84%
12/28/2012 0.21% 0.25% 0.31% 0.51% 0.84%
12/27/2012 0.21% 0.26% 0.31% 0.51% 0.84%
12/26/2012 0.21% 0.25% 0.31% 0.51% 0.84%
12/24/2012 0.21% 0.25% 0.31% 0.51% 0.84%
12/21/2012 0.21% 0.25% 0.31% 0.51% 0.84%
12/20/2012 0.21% 0.25% 0.31% 0.51% 0.84%
12/19/2012 0.21% 0.25% 0.31% 0.51% 0.84%
12/18/2012 0.21% 0.25% 0.31% 0.51% 0.84%
12/17/2012 0.21% 0.26% 0.31% 0.51% 0.84%
12/14/2012 0.21% 0.26% 0.31% 0.51% 0.84%
12/13/2012 0.21% 0.26% 0.31% 0.51% 0.85%
12/12/2012 0.21% 0.26% 0.31% 0.51% 0.85%
12/11/2012 0.21% 0.26% 0.31% 0.52% 0.85%
12/10/2012 0.21% 0.26% 0.31% 0.52% 0.85%
12/7/2012 0.21% 0.26% 0.31% 0.52% 0.85%
12/6/2012 0.21% 0.26% 0.31% 0.52% 0.86%
12/5/2012 0.21% 0.26% 0.31% 0.53% 0.86%
12/4/2012 0.21% 0.26% 0.31% 0.53% 0.86%
12/3/2012 0.22% 0.26% 0.31% 0.53% 0.86%
11/30/2012 0.21% 0.26% 0.31% 0.53% 0.86%
11/29/2012 0.21% 0.26% 0.31% 0.53% 0.86%
11/28/2012 0.21% 0.26% 0.31% 0.53% 0.86%
11/27/2012 0.21% 0.26% 0.31% 0.53% 0.86%
11/26/2012 0.21% 0.26% 0.31% 0.53% 0.86%
11/23/2012 0.21% 0.26% 0.31% 0.53% 0.86%
11/22/2012 0.21% 0.26% 0.31% 0.53% 0.86%
11/21/2012 0.21% 0.26% 0.31% 0.53% 0.86%
11/20/2012 0.21% 0.26% 0.31% 0.53% 0.86%
11/19/2012 0.21% 0.26% 0.31% 0.53% 0.86%
11/16/2012 0.21% 0.26% 0.31% 0.53% 0.86%
11/15/2012 0.21% 0.26% 0.31% 0.52% 0.86%
11/14/2012 0.21% 0.26% 0.31% 0.52% 0.86%
11/13/2012 0.21% 0.26% 0.31% 0.52% 0.86%
11/9/2012 0.21% 0.26% 0.31% 0.53% 0.86%
11/8/2012 0.21% 0.26% 0.31% 0.53% 0.86%
11/7/2012 0.21% 0.26% 0.31% 0.53% 0.87%
11/6/2012 0.21% 0.26% 0.31% 0.53% 0.87%
11/2/2012 0.21% 0.26% 0.31% 0.54% 0.88%
11/1/2012 0.21% 0.26% 0.31% 0.54% 0.88%
10/31/2012 0.21% 0.26% 0.31% 0.54% 0.88%
10/30/2012 0.21% 0.26% 0.31% 0.54% 0.88%
10/29/2012 0.21% 0.26% 0.31% 0.54% 0.88%
10/26/2012 0.21% 0.26% 0.31% 0.54% 0.88%
10/25/2012 0.21% 0.26% 0.31% 0.55% 0.88%
10/24/2012 0.21% 0.26% 0.31% 0.55% 0.88%
10/23/2012 0.21% 0.26% 0.32% 0.55% 0.89%
10/22/2012 0.21% 0.26% 0.32% 0.56% 0.89%
10/19/2012 0.21% 0.26% 0.32% 0.56% 0.90%
10/18/2012 0.21% 0.26% 0.32% 0.57% 0.90%
10/17/2012 0.21% 0.26% 0.32% 0.57% 0.91%
10/16/2012 0.21% 0.27% 0.32% 0.58% 0.92%
10/12/2012 0.21% 0.28% 0.33% 0.60% 0.94%
10/11/2012 0.21% 0.28% 0.34% 0.60% 0.94%
10/10/2012 0.21% 0.28% 0.34% 0.61% 0.94%
10/9/2012 0.22% 0.28% 0.35% 0.62% 0.95%
10/8/2012 0.22% 0.29% 0.35% 0.62% 0.95%
10/5/2012 0.22% 0.29% 0.35% 0.62% 0.95%
10/4/2012 0.22% 0.29% 0.35% 0.62% 0.96%
10/3/2012 0.22% 0.29% 0.35% 0.62% 0.96%
10/2/2012 0.21% 0.29% 0.35% 0.63% 0.96%
10/1/2012 0.21% 0.29% 0.36% 0.63% 0.97%
9/28/2012 0.21% 0.29% 0.36% 0.64% 0.97%
9/27/2012 0.21% 0.29% 0.36% 0.64% 0.98%
9/26/2012 0.22% 0.29% 0.36% 0.64% 0.98%
9/25/2012 0.22% 0.29% 0.36% 0.65% 0.98%
9/24/2012 0.22% 0.30% 0.37% 0.65% 0.98%
9/21/2012 0.22% 0.30% 0.37% 0.66% 0.98%
9/20/2012 0.22% 0.30% 0.37% 0.66% 0.99%
9/19/2012 0.22% 0.30% 0.38% 0.66% 0.99%
9/18/2012 0.22% 0.30% 0.38% 0.66% 0.99%
9/17/2012 0.22% 0.30% 0.38% 0.67% 0.99%
9/14/2012 0.22% 0.30% 0.39% 0.67% 1.00%
9/13/2012 0.22% 0.31% 0.39% 0.68% 1.00%
9/12/2012 0.22% 0.32% 0.39% 0.68% 1.01%
9/11/2012 0.23% 0.32% 0.40% 0.69% 1.01%
9/10/2012 0.23% 0.32% 0.40% 0.69% 1.02%
9/7/2012 0.23% 0.32% 0.41% 0.69% 1.02%
9/6/2012 0.23% 0.32% 0.41% 0.70% 1.02%
9/5/2012 0.23% 0.33% 0.41% 0.70% 1.03%
9/4/2012 0.23% 0.33% 0.41% 0.70% 1.03%
9/3/2012 0.23% 0.33% 0.41% 0.71% 1.03%
8/31/2012 0.23% 0.33% 0.42% 0.71% 1.03%
8/30/2012 0.23% 0.33% 0.42% 0.71% 1.03%
8/29/2012 0.23% 0.33% 0.42% 0.71% 1.03%
8/28/2012 0.23% 0.33% 0.42% 0.71% 1.04%
8/27/2012 0.23% 0.33% 0.42% 0.71% 1.04%
8/24/2012 0.23% 0.33% 0.42% 0.71% 1.04%
8/23/2012 0.24% 0.33% 0.43% 0.71% 1.04%
8/22/2012 0.24% 0.33% 0.43% 0.72% 1.04%
8/21/2012 0.24% 0.33% 0.43% 0.72% 1.04%
8/17/2012 0.24% 0.33% 0.43% 0.72% 1.04%
8/16/2012 0.24% 0.33% 0.43% 0.72% 1.04%
8/15/2012 0.24% 0.33% 0.43% 0.72% 1.05%
8/14/2012 0.24% 0.33% 0.44% 0.72% 1.05%
8/13/2012 0.24% 0.33% 0.43% 0.72% 1.05%
8/10/2012 0.24% 0.33% 0.44% 0.72% 1.05%
8/9/2012 0.24% 0.33% 0.44% 0.72% 1.05%
8/8/2012 0.24% 0.33% 0.44% 0.72% 1.05%
8/6/2012 0.24% 0.34% 0.44% 0.72% 1.05%
8/3/2012 0.24% 0.34% 0.44% 0.72% 1.05%
8/2/2012 0.24% 0.34% 0.44% 0.73% 1.05%
8/1/2012 0.24% 0.34% 0.44% 0.72% 1.05%
7/31/2012 0.25% 0.34% 0.44% 0.73% 1.05%
7/30/2012 0.25% 0.34% 0.44% 0.73% 1.06%
7/27/2012 0.25% 0.34% 0.45% 0.72% 1.06%
7/26/2012 0.25% 0.34% 0.45% 0.72% 1.06%
7/25/2012 0.24% 0.34% 0.45% 0.73% 1.06%
7/24/2012 0.24% 0.34% 0.45% 0.73% 1.06%
7/23/2012 0.25% 0.34% 0.45% 0.73% 1.06%
7/19/2012 0.25% 0.34% 0.45% 0.73% 1.06%
7/18/2012 0.25% 0.34% 0.46% 0.73% 1.07%
7/17/2012 0.25% 0.34% 0.46% 0.73% 1.07%
7/16/2012 0.25% 0.34% 0.46% 0.73% 1.07%
7/13/2012 0.25% 0.34% 0.46% 0.73% 1.07%
7/12/2012 0.25% 0.34% 0.46% 0.73% 1.07%
7/11/2012 0.25% 0.34% 0.46% 0.73% 1.07%
7/10/2012 0.25% 0.34% 0.46% 0.74% 1.07%
7/9/2012 0.25% 0.34% 0.46% 0.74% 1.07%
7/6/2012 0.25% 0.34% 0.46% 0.74% 1.07%
7/5/2012 0.25% 0.34% 0.46% 0.74% 1.07%
7/4/2012 0.25% 0.34% 0.46% 0.74% 1.07%
7/3/2012 0.25% 0.34% 0.46% 0.73% 1.07%
6/29/2012 0.25% 0.34% 0.46% 0.73% 1.07%
6/28/2012 0.25% 0.34% 0.46% 0.73% 1.07%
6/27/2012 0.25% 0.34% 0.46% 0.73% 1.07%
6/26/2012 0.25% 0.34% 0.46% 0.73% 1.07%
6/25/2012 0.25% 0.34% 0.46% 0.73% 1.07%
6/22/2012 0.25% 0.34% 0.46% 0.73% 1.07%
6/21/2012 0.25% 0.35% 0.47% 0.74% 1.07%
6/20/2012 0.25% 0.35% 0.47% 0.74% 1.07%
6/19/2012 0.24% 0.35% 0.47% 0.74% 1.07%
6/15/2012 0.24% 0.35% 0.47% 0.74% 1.07%
6/14/2012 0.24% 0.35% 0.47% 0.74% 1.07%
6/13/2012 0.24% 0.35% 0.47% 0.74% 1.07%
6/12/2012 0.24% 0.35% 0.47% 0.74% 1.07%
6/8/2012 0.24% 0.35% 0.47% 0.74% 1.07%
6/7/2012 0.24% 0.35% 0.47% 0.74% 1.07%
6/6/2012 0.24% 0.35% 0.47% 0.74% 1.07%
6/5/2012 0.24% 0.35% 0.47% 0.74% 1.07%
6/4/2012 0.24% 0.35% 0.47% 0.74% 1.07%
6/1/2012 0.24% 0.35% 0.47% 0.74% 1.07%
5/31/2012 0.24% 0.35% 0.47% 0.74% 1.07%
5/30/2012 0.24% 0.35% 0.47% 0.74% 1.07%
5/29/2012 0.24% 0.35% 0.47% 0.74% 1.07%
5/28/2012 0.24% 0.35% 0.47% 0.74% 1.07%
5/25/2012 0.24% 0.35% 0.47% 0.74% 1.07%
5/24/2012 0.24% 0.35% 0.47% 0.74% 1.07%
5/23/2012 0.24% 0.35% 0.47% 0.74% 1.07%
5/22/2012 0.24% 0.35% 0.47% 0.74% 1.07%
5/18/2012 0.24% 0.35% 0.47% 0.74% 1.07%
5/17/2012 0.24% 0.35% 0.47% 0.74% 1.07%
5/16/2012 0.24% 0.35% 0.47% 0.73% 1.07%
5/15/2012 0.24% 0.34% 0.47% 0.73% 1.06%
5/14/2012 0.24% 0.34% 0.47% 0.73% 1.06%
5/11/2012 0.24% 0.35% 0.47% 0.73% 1.06%
5/10/2012 0.24% 0.35% 0.47% 0.73% 1.05%
5/9/2012 0.24% 0.35% 0.47% 0.73% 1.05%
5/8/2012 0.24% 0.35% 0.47% 0.73% 1.05%
5/7/2012 0.24% 0.35% 0.47% 0.73% 1.05%
5/4/2012 0.24% 0.35% 0.47% 0.73% 1.05%
5/3/2012 0.24% 0.35% 0.47% 0.73% 1.05%
5/2/2012 0.24% 0.35% 0.47% 0.73% 1.05%
4/30/2012 0.24% 0.35% 0.47% 0.73% 1.05%
4/27/2012 0.24% 0.35% 0.47% 0.73% 1.05%
4/26/2012 0.24% 0.35% 0.47% 0.73% 1.05%
4/25/2012 0.24% 0.35% 0.47% 0.73% 1.05%
4/24/2012 0.24% 0.35% 0.47% 0.73% 1.05%
4/23/2012 0.24% 0.35% 0.47% 0.73% 1.05%
4/20/2012 0.24% 0.35% 0.47% 0.73% 1.05%
4/19/2012 0.24% 0.35% 0.47% 0.73% 1.05%
4/18/2012 0.24% 0.35% 0.47% 0.73% 1.05%
4/17/2012 0.24% 0.35% 0.47% 0.73% 1.05%
4/16/2012 0.24% 0.35% 0.47% 0.73% 1.05%
4/13/2012 0.24% 0.35% 0.47% 0.73% 1.05%
4/12/2012 0.24% 0.35% 0.47% 0.73% 1.05%
4/11/2012 0.24% 0.35% 0.47% 0.73% 1.05%
4/10/2012 0.24% 0.35% 0.47% 0.73% 1.05%
4/9/2012 0.24% 0.35% 0.47% 0.73% 1.05%
4/4/2012 0.24% 0.35% 0.47% 0.73% 1.05%
4/3/2012 0.24% 0.35% 0.47% 0.73% 1.05%
4/2/2012 0.24% 0.35% 0.47% 0.73% 1.05%
3/30/2012 0.24% 0.35% 0.47% 0.73% 1.05%
3/29/2012 0.24% 0.35% 0.47% 0.73% 1.05%
3/28/2012 0.24% 0.35% 0.47% 0.74% 1.05%
3/27/2012 0.24% 0.35% 0.47% 0.74% 1.05%
3/26/2012 0.24% 0.35% 0.47% 0.74% 1.05%
3/23/2012 0.24% 0.35% 0.47% 0.74% 1.05%
3/22/2012 0.24% 0.35% 0.47% 0.74% 1.05%
3/21/2012 0.24% 0.35% 0.47% 0.74% 1.05%
3/20/2012 0.24% 0.35% 0.47% 0.74% 1.05%
3/16/2012 0.24% 0.35% 0.47% 0.74% 1.05%
3/15/2012 0.24% 0.35% 0.47% 0.74% 1.05%
3/14/2012 0.24% 0.35% 0.47% 0.74% 1.06%
3/13/2012 0.24% 0.35% 0.47% 0.74% 1.06%
3/12/2012 0.24% 0.35% 0.47% 0.74% 1.06%
3/9/2012 0.24% 0.35% 0.47% 0.74% 1.06%
3/8/2012 0.24% 0.35% 0.47% 0.74% 1.06%
3/7/2012 0.24% 0.35% 0.47% 0.74% 1.06%
3/6/2012 0.24% 0.35% 0.47% 0.74% 1.05%
3/5/2012 0.24% 0.35% 0.47% 0.74% 1.05%
3/2/2012 0.24% 0.35% 0.48% 0.75% 1.06%
3/1/2012 0.24% 0.36% 0.48% 0.75% 1.06%
2/29/2012 0.24% 0.36% 0.48% 0.75% 1.06%
2/28/2012 0.24% 0.36% 0.49% 0.75% 1.06%
2/27/2012 0.24% 0.36% 0.49% 0.75% 1.07%
2/24/2012 0.24% 0.36% 0.49% 0.75% 1.07%
2/23/2012 0.24% 0.36% 0.49% 0.75% 1.07%
2/22/2012 0.24% 0.36% 0.49% 0.75% 1.07%
2/21/2012 0.25% 0.36% 0.49% 0.75% 1.07%
2/20/2012 0.25% 0.36% 0.49% 0.75% 1.07%
2/17/2012 0.25% 0.36% 0.49% 0.75% 1.07%
2/16/2012 0.25% 0.36% 0.49% 0.75% 1.07%
2/15/2012 0.25% 0.36% 0.50% 0.75% 1.07%
2/14/2012 0.25% 0.36% 0.50% 0.75% 1.07%
2/13/2012 0.25% 0.37% 0.50% 0.76% 1.07%
2/10/2012 0.25% 0.37% 0.51% 0.76% 1.07%
2/9/2012 0.25% 0.38% 0.51% 0.76% 1.07%
2/8/2012 0.25% 0.38% 0.51% 0.76% 1.08%
2/7/2012 0.26% 0.38% 0.52% 0.77% 1.08%
2/6/2012 0.26% 0.38% 0.52% 0.77% 1.08%
2/3/2012 0.26% 0.39% 0.53% 0.77% 1.08%
2/2/2012 0.26% 0.39% 0.53% 0.77% 1.09%
2/1/2012 0.26% 0.39% 0.54% 0.77% 1.09%
1/31/2012 0.26% 0.39% 0.54% 0.78% 1.10%
1/30/2012 0.27% 0.40% 0.55% 0.78% 1.10%
1/27/2012 0.27% 0.40% 0.55% 0.79% 1.10%
1/26/2012 0.27% 0.40% 0.55% 0.79% 1.10%
1/25/2012 0.27% 0.41% 0.56% 0.79% 1.11%
1/24/2012 0.28% 0.41% 0.56% 0.79% 1.11%
1/23/2012 0.28% 0.41% 0.56% 0.79% 1.11%
1/20/2012 0.28% 0.41% 0.56% 0.79% 1.11%
1/19/2012 0.28% 0.41% 0.56% 0.79% 1.11%
1/18/2012 0.28% 0.41% 0.56% 0.79% 1.11%
1/17/2012 0.28% 0.41% 0.56% 0.79% 1.11%
1/16/2012 0.28% 0.41% 0.56% 0.79% 1.11%
1/13/2012 0.29% 0.42% 0.57% 0.79% 1.11%
1/12/2012 0.29% 0.42% 0.57% 0.80% 1.12%
1/11/2012 0.29% 0.43% 0.58% 0.81% 1.12%
1/10/2012 0.30% 0.43% 0.58% 0.81% 1.13%
1/6/2012 0.30% 0.43% 0.58% 0.81% 1.13%
1/5/2012 0.30% 0.43% 0.58% 0.81% 1.13%
1/4/2012 0.30% 0.43% 0.58% 0.81% 1.13%
1/3/2012 0.30% 0.43% 0.58% 0.81% 1.13%
1/2/2012 0.30% 0.43% 0.58% 0.81% 1.13%
2011

Libor a 1 mes Libor a 2 meses Libor a 3 meses Libor a 6 meses Libor a 12 meses
Fecha
12/30/2011 0.30% 0.43% 0.58% 0.81% 1.13%
12/29/2011 0.30% 0.43% 0.58% 0.81% 1.13%
12/28/2011 0.30% 0.43% 0.58% 0.81% 1.13%
12/27/2011 0.29% 0.42% 0.58% 0.80% 1.12%
12/26/2011 0.29% 0.42% 0.58% 0.80% 1.12%
12/23/2011 0.29% 0.42% 0.58% 0.80% 1.12%
12/22/2011 0.29% 0.42% 0.57% 0.80% 1.12%
12/21/2011 0.29% 0.42% 0.57% 0.80% 1.12%
12/20/2011 0.29% 0.42% 0.57% 0.80% 1.12%
12/19/2011 0.29% 0.42% 0.57% 0.79% 1.11%
12/16/2011 0.28% 0.41% 0.56% 0.79% 1.11%
12/15/2011 0.28% 0.41% 0.56% 0.78% 1.11%
12/14/2011 0.28% 0.41% 0.56% 0.78% 1.10%
12/13/2011 0.28% 0.40% 0.55% 0.77% 1.09%
12/12/2011 0.28% 0.40% 0.54% 0.76% 1.09%
12/9/2011 0.28% 0.40% 0.54% 0.76% 1.08%
12/7/2011 0.28% 0.40% 0.54% 0.76% 1.08%
12/6/2011 0.28% 0.39% 0.54% 0.76% 1.08%
12/5/2011 0.27% 0.39% 0.53% 0.75% 1.07%
12/2/2011 0.27% 0.39% 0.53% 0.75% 1.07%
12/1/2011 0.27% 0.39% 0.53% 0.75% 1.06%
11/30/2011 0.27% 0.39% 0.53% 0.75% 1.07%
11/29/2011 0.27% 0.39% 0.53% 0.75% 1.07%
11/28/2011 0.26% 0.38% 0.52% 0.74% 1.06%
11/25/2011 0.26% 0.38% 0.52% 0.73% 1.05%
11/24/2011 0.26% 0.38% 0.51% 0.73% 1.05%
11/23/2011 0.26% 0.38% 0.51% 0.72% 1.04%
11/22/2011 0.26% 0.38% 0.50% 0.71% 1.03%
11/21/2011 0.26% 0.37% 0.50% 0.71% 1.03%
11/18/2011 0.26% 0.37% 0.49% 0.70% 1.02%
11/17/2011 0.25% 0.36% 0.48% 0.69% 1.01%
11/16/2011 0.25% 0.36% 0.47% 0.68% 1.00%
11/15/2011 0.25% 0.35% 0.47% 0.67% 0.99%
11/11/2011 0.25% 0.35% 0.46% 0.66% 0.98%
11/10/2011 0.25% 0.35% 0.45% 0.65% 0.98%
11/9/2011 0.25% 0.34% 0.45% 0.65% 0.96%
11/8/2011 0.25% 0.34% 0.44% 0.64% 0.96%
11/4/2011 0.25% 0.34% 0.44% 0.63% 0.95%
11/3/2011 0.25% 0.34% 0.44% 0.63% 0.94%
11/2/2011 0.25% 0.34% 0.43% 0.62% 0.94%
11/1/2011 0.25% 0.33% 0.43% 0.62% 0.94%
10/31/2011 0.25% 0.33% 0.43% 0.62% 0.94%
10/28/2011 0.25% 0.33% 0.43% 0.62% 0.93%
10/27/2011 0.25% 0.33% 0.43% 0.62% 0.93%
10/26/2011 0.25% 0.33% 0.42% 0.62% 0.93%
10/25/2011 0.24% 0.33% 0.42% 0.61% 0.93%
10/24/2011 0.24% 0.33% 0.42% 0.61% 0.92%
10/21/2011 0.24% 0.32% 0.42% 0.61% 0.92%
10/20/2011 0.24% 0.32% 0.42% 0.60% 0.92%
10/19/2011 0.24% 0.32% 0.41% 0.60% 0.92%
10/18/2011 0.24% 0.32% 0.41% 0.60% 0.91%
10/14/2011 0.24% 0.32% 0.40% 0.59% 0.91%
10/13/2011 0.24% 0.32% 0.40% 0.59% 0.91%
10/12/2011 0.24% 0.31% 0.40% 0.59% 0.90%
10/11/2011 0.24% 0.31% 0.40% 0.59% 0.90%
10/10/2011 0.24% 0.31% 0.39% 0.58% 0.90%
10/7/2011 0.24% 0.31% 0.39% 0.58% 0.89%
10/6/2011 0.24% 0.31% 0.39% 0.58% 0.89%
10/5/2011 0.24% 0.30% 0.38% 0.57% 0.88%
10/4/2011 0.24% 0.30% 0.38% 0.57% 0.88%
10/3/2011 0.24% 0.30% 0.38% 0.56% 0.87%
9/30/2011 0.24% 0.30% 0.37% 0.56% 0.86%
9/29/2011 0.24% 0.30% 0.37% 0.55% 0.86%
9/28/2011 0.24% 0.30% 0.37% 0.55% 0.85%
9/27/2011 0.24% 0.30% 0.37% 0.54% 0.85%
9/26/2011 0.24% 0.30% 0.36% 0.54% 0.85%
9/23/2011 0.24% 0.29% 0.36% 0.54% 0.85%
9/22/2011 0.23% 0.29% 0.36% 0.54% 0.84%
9/21/2011 0.23% 0.29% 0.36% 0.53% 0.84%
9/20/2011 0.23% 0.29% 0.36% 0.53% 0.84%
9/19/2011 0.23% 0.29% 0.35% 0.52% 0.84%
9/16/2011 0.23% 0.28% 0.35% 0.52% 0.83%
9/15/2011 0.23% 0.28% 0.35% 0.52% 0.84%
9/14/2011 0.23% 0.28% 0.35% 0.52% 0.83%
9/13/2011 0.23% 0.28% 0.35% 0.52% 0.83%
9/12/2011 0.23% 0.28% 0.34% 0.51% 0.83%
9/9/2011 0.23% 0.28% 0.34% 0.50% 0.82%
9/8/2011 0.23% 0.27% 0.34% 0.50% 0.82%
9/7/2011 0.23% 0.27% 0.34% 0.50% 0.82%
9/6/2011 0.23% 0.27% 0.34% 0.50% 0.81%
9/5/2011 0.22% 0.27% 0.33% 0.50% 0.81%
9/2/2011 0.22% 0.27% 0.33% 0.49% 0.80%
9/1/2011 0.22% 0.27% 0.33% 0.49% 0.80%
8/31/2011 0.22% 0.27% 0.33% 0.49% 0.80%
8/30/2011 0.22% 0.27% 0.33% 0.48% 0.80%
8/29/2011 0.22% 0.27% 0.32% 0.48% 0.80%
8/26/2011 0.22% 0.27% 0.32% 0.48% 0.80%
8/25/2011 0.22% 0.27% 0.32% 0.48% 0.80%
8/24/2011 0.22% 0.26% 0.31% 0.48% 0.79%
8/23/2011 0.22% 0.26% 0.31% 0.48% 0.79%
8/22/2011 0.22% 0.26% 0.31% 0.47% 0.79%
8/19/2011 0.22% 0.26% 0.30% 0.47% 0.78%
8/18/2011 0.21% 0.25% 0.30% 0.46% 0.78%
8/17/2011 0.21% 0.25% 0.30% 0.46% 0.78%
8/16/2011 0.21% 0.25% 0.29% 0.46% 0.78%
8/12/2011 0.21% 0.25% 0.29% 0.46% 0.77%
8/11/2011 0.21% 0.25% 0.29% 0.45% 0.77%
8/10/2011 0.21% 0.24% 0.28% 0.45% 0.77%
8/9/2011 0.21% 0.24% 0.28% 0.45% 0.77%
8/8/2011 0.21% 0.24% 0.27% 0.44% 0.77%
8/5/2011 0.21% 0.23% 0.27% 0.44% 0.76%
8/4/2011 0.21% 0.23% 0.27% 0.44% 0.77%
8/3/2011 0.21% 0.23% 0.27% 0.44% 0.77%
8/2/2011 0.20% 0.23% 0.26% 0.44% 0.76%
8/1/2011 0.19% 0.22% 0.26% 0.43% 0.76%
7/29/2011 0.19% 0.22% 0.26% 0.43% 0.76%
7/28/2011 0.19% 0.22% 0.25% 0.43% 0.76%
7/27/2011 0.19% 0.22% 0.25% 0.43% 0.76%
7/26/2011 0.19% 0.22% 0.25% 0.43% 0.75%
7/25/2011 0.19% 0.22% 0.25% 0.42% 0.75%
7/22/2011 0.19% 0.22% 0.25% 0.42% 0.75%
7/21/2011 0.19% 0.22% 0.25% 0.42% 0.75%
7/19/2011 0.19% 0.22% 0.25% 0.42% 0.75%
7/18/2011 0.19% 0.22% 0.25% 0.42% 0.75%
7/15/2011 0.19% 0.22% 0.25% 0.40% 0.73%
7/14/2011 0.19% 0.22% 0.25% 0.42% 0.74%
7/13/2011 0.19% 0.22% 0.25% 0.41% 0.74%
7/12/2011 0.19% 0.22% 0.25% 0.41% 0.74%
7/11/2011 0.19% 0.22% 0.25% 0.40% 0.73%
7/8/2011 0.19% 0.22% 0.25% 0.40% 0.74%
7/7/2011 0.19% 0.22% 0.25% 0.40% 0.74%
7/6/2011 0.19% 0.22% 0.25% 0.40% 0.74%
7/5/2011 0.19% 0.22% 0.25% 0.40% 0.73%
7/1/2011 0.19% 0.22% 0.25% 0.40% 0.73%
6/30/2011 0.19% 0.22% 0.25% 0.40% 0.73%
6/29/2011 0.19% 0.22% 0.25% 0.40% 0.74%
6/28/2011 0.19% 0.22% 0.25% 0.40% 0.74%
6/24/2011 0.19% 0.22% 0.25% 0.40% 0.73%
6/23/2011 0.19% 0.22% 0.25% 0.40% 0.73%
6/22/2011 0.19% 0.22% 0.25% 0.39% 0.73%
6/21/2011 0.19% 0.22% 0.25% 0.39% 0.73%
6/20/2011 0.19% 0.22% 0.25% 0.39% 0.73%
6/17/2011 0.19% 0.22% 0.25% 0.40% 0.73%
6/16/2011 0.19% 0.22% 0.25% 0.40% 0.73%
6/15/2011 0.19% 0.22% 0.25% 0.39% 0.72%
6/14/2011 0.19% 0.22% 0.25% 0.39% 0.72%
6/13/2011 0.19% 0.22% 0.25% 0.39% 0.72%
6/10/2011 0.19% 0.22% 0.25% 0.40% 0.72%
6/9/2011 0.19% 0.22% 0.25% 0.40% 0.72%
6/8/2011 0.19% 0.22% 0.25% 0.40% 0.72%
6/7/2011 0.19% 0.22% 0.25% 0.40% 0.73%
6/3/2011 0.19% 0.22% 0.25% 0.40% 0.73%
6/2/2011 0.19% 0.22% 0.25% 0.40% 0.73%
6/1/2011 0.19% 0.22% 0.25% 0.40% 0.73%
5/31/2011 0.19% 0.22% 0.25% 0.40% 0.73%
5/30/2011 0.19% 0.22% 0.25% 0.40% 0.73%
5/27/2011 0.19% 0.22% 0.25% 0.40% 0.73%
5/26/2011 0.19% 0.22% 0.25% 0.40% 0.73%
5/25/2011 0.19% 0.22% 0.25% 0.40% 0.73%
5/24/2011 0.19% 0.23% 0.26% 0.40% 0.73%
5/23/2011 0.19% 0.23% 0.26% 0.41% 0.73%
5/20/2011 0.19% 0.23% 0.26% 0.41% 0.73%
5/19/2011 0.20% 0.23% 0.26% 0.41% 0.74%
5/18/2011 0.20% 0.23% 0.26% 0.41% 0.73%
5/17/2011 0.20% 0.23% 0.26% 0.41% 0.74%
5/16/2011 0.20% 0.23% 0.26% 0.41% 0.74%
5/13/2011 0.20% 0.23% 0.26% 0.42% 0.74%
5/12/2011 0.20% 0.23% 0.26% 0.42% 0.74%
5/11/2011 0.20% 0.23% 0.26% 0.42% 0.74%
5/10/2011 0.20% 0.23% 0.26% 0.42% 0.74%
5/9/2011 0.20% 0.24% 0.27% 0.42% 0.75%
5/6/2011 0.20% 0.24% 0.27% 0.43% 0.75%
5/5/2011 0.21% 0.24% 0.27% 0.43% 0.75%
5/4/2011 0.21% 0.24% 0.27% 0.43% 0.76%
5/3/2011 0.21% 0.24% 0.27% 0.43% 0.76%
5/2/2011 0.21% 0.24% 0.27% 0.43% 0.76%
4/29/2011 0.21% 0.24% 0.27% 0.43% 0.76%
4/28/2011 0.21% 0.24% 0.27% 0.43% 0.76%
4/27/2011 0.21% 0.24% 0.27% 0.43% 0.76%
4/26/2011 0.21% 0.24% 0.27% 0.43% 0.76%
4/25/2011 0.21% 0.24% 0.27% 0.43% 0.76%
4/20/2011 0.21% 0.24% 0.27% 0.43% 0.76%
4/19/2011 0.21% 0.24% 0.27% 0.43% 0.76%
4/18/2011 0.21% 0.24% 0.27% 0.44% 0.76%
4/15/2011 0.21% 0.24% 0.27% 0.44% 0.77%
4/14/2011 0.22% 0.25% 0.28% 0.44% 0.77%
4/13/2011 0.22% 0.25% 0.28% 0.44% 0.77%
4/12/2011 0.22% 0.25% 0.28% 0.44% 0.77%
4/11/2011 0.22% 0.25% 0.28% 0.44% 0.77%
4/8/2011 0.23% 0.26% 0.29% 0.45% 0.78%
4/7/2011 0.23% 0.26% 0.29% 0.45% 0.78%
4/6/2011 0.23% 0.26% 0.29% 0.45% 0.78%
4/5/2011 0.24% 0.27% 0.29% 0.46% 0.78%
4/4/2011 0.24% 0.27% 0.30% 0.46% 0.78%
4/1/2011 0.24% 0.27% 0.30% 0.46% 0.79%
3/31/2011 0.24% 0.27% 0.30% 0.46% 0.78%
3/30/2011 0.24% 0.28% 0.30% 0.46% 0.78%
3/29/2011 0.25% 0.28% 0.31% 0.46% 0.78%
3/28/2011 0.25% 0.28% 0.31% 0.46% 0.78%
3/25/2011 0.25% 0.28% 0.31% 0.46% 0.78%
3/24/2011 0.25% 0.28% 0.31% 0.46% 0.78%
3/23/2011 0.25% 0.28% 0.31% 0.46% 0.77%
3/22/2011 0.25% 0.28% 0.31% 0.46% 0.77%
3/18/2011 0.25% 0.28% 0.31% 0.46% 0.77%
3/17/2011 0.25% 0.28% 0.31% 0.46% 0.77%
3/16/2011 0.25% 0.28% 0.31% 0.46% 0.77%
3/15/2011 0.25% 0.28% 0.31% 0.46% 0.77%
3/14/2011 0.25% 0.28% 0.31% 0.46% 0.78%
3/11/2011 0.26% 0.28% 0.31% 0.46% 0.78%
3/10/2011 0.26% 0.28% 0.31% 0.46% 0.79%
3/9/2011 0.26% 0.29% 0.31% 0.46% 0.79%
3/8/2011 0.26% 0.29% 0.31% 0.46% 0.78%
3/7/2011 0.26% 0.29% 0.31% 0.46% 0.79%
3/4/2011 0.26% 0.29% 0.31% 0.46% 0.79%
3/3/2011 0.26% 0.29% 0.31% 0.46% 0.79%
3/2/2011 0.26% 0.29% 0.31% 0.46% 0.79%
3/1/2011 0.26% 0.29% 0.31% 0.46% 0.79%
2/28/2011 0.26% 0.29% 0.31% 0.46% 0.79%
2/25/2011 0.26% 0.29% 0.31% 0.46% 0.79%
2/24/2011 0.26% 0.28% 0.31% 0.46% 0.79%
2/23/2011 0.26% 0.29% 0.31% 0.47% 0.79%
2/22/2011 0.26% 0.29% 0.31% 0.47% 0.79%
2/21/2011 0.26% 0.29% 0.31% 0.47% 0.79%
2/18/2011 0.26% 0.29% 0.31% 0.47% 0.80%
2/17/2011 0.26% 0.29% 0.31% 0.47% 0.80%
2/16/2011 0.26% 0.29% 0.31% 0.47% 0.80%
2/15/2011 0.26% 0.29% 0.31% 0.47% 0.80%
2/14/2011 0.26% 0.29% 0.31% 0.47% 0.80%
2/11/2011 0.27% 0.29% 0.31% 0.47% 0.80%
2/10/2011 0.26% 0.29% 0.31% 0.46% 0.80%
2/9/2011 0.26% 0.29% 0.31% 0.47% 0.80%
2/8/2011 0.26% 0.29% 0.31% 0.46% 0.79%
2/7/2011 0.26% 0.29% 0.31% 0.46% 0.79%
2/4/2011 0.26% 0.29% 0.31% 0.46% 0.79%
2/3/2011 0.26% 0.29% 0.31% 0.46% 0.79%
2/2/2011 0.26% 0.29% 0.31% 0.46% 0.79%
2/1/2011 0.26% 0.29% 0.31% 0.46% 0.79%
1/31/2011 0.26% 0.28% 0.30% 0.45% 0.78%
1/28/2011 0.26% 0.28% 0.30% 0.45% 0.78%
1/27/2011 0.26% 0.28% 0.30% 0.45% 0.78%
1/26/2011 0.26% 0.28% 0.30% 0.45% 0.78%
1/25/2011 0.26% 0.28% 0.30% 0.45% 0.78%
1/24/2011 0.26% 0.28% 0.30% 0.45% 0.78%
1/21/2011 0.26% 0.28% 0.30% 0.45% 0.78%
1/20/2011 0.26% 0.28% 0.30% 0.45% 0.78%
1/19/2011 0.26% 0.28% 0.30% 0.45% 0.78%
1/18/2011 0.26% 0.28% 0.30% 0.45% 0.78%
1/17/2011 0.26% 0.28% 0.30% 0.45% 0.78%
1/14/2011 0.26% 0.28% 0.30% 0.46% 0.78%
1/13/2011 0.26% 0.28% 0.30% 0.46% 0.78%
1/12/2011 0.26% 0.28% 0.30% 0.46% 0.78%
1/11/2011 0.26% 0.28% 0.30% 0.46% 0.78%
1/7/2011 0.26% 0.28% 0.30% 0.46% 0.79%
1/6/2011 0.26% 0.28% 0.30% 0.46% 0.79%
1/5/2011 0.26% 0.28% 0.30% 0.45% 0.78%
1/4/2011 0.26% 0.28% 0.30% 0.46% 0.78%
1/3/2011 0.26% 0.28% 0.30% 0.46% 0.78%
2010

Libor a 1 mes Libor a 2 meses Libor a 3 meses Libor a 6 meses Libor a 12 meses
Fecha
12/30/2010 0.26% 0.28% 0.30% 0.46% 0.78%
12/29/2010 0.26% 0.28% 0.30% 0.46% 0.78%
12/28/2010 0.26% 0.28% 0.30% 0.46% 0.78%
12/27/2010 0.26% 0.28% 0.30% 0.46% 0.78%
12/24/2010 0.26% 0.28% 0.30% 0.46% 0.78%
12/23/2010 0.26% 0.28% 0.30% 0.46% 0.78%
12/22/2010 0.26% 0.28% 0.30% 0.46% 0.78%
12/21/2010 0.26% 0.28% 0.30% 0.46% 0.78%
12/20/2010 0.26% 0.28% 0.30% 0.46% 0.78%
12/17/2010 0.26% 0.28% 0.30% 0.46% 0.78%
12/16/2010 0.26% 0.28% 0.30% 0.46% 0.79%
12/15/2010 0.26% 0.28% 0.30% 0.46% 0.78%
12/14/2010 0.26% 0.28% 0.30% 0.46% 0.78%
12/13/2010 0.26% 0.28% 0.30% 0.46% 0.79%
12/10/2010 0.26% 0.28% 0.30% 0.46% 0.78%
12/9/2010 0.26% 0.28% 0.30% 0.46% 0.78%
12/7/2010 0.26% 0.28% 0.30% 0.46% 0.78%
12/6/2010 0.27% 0.28% 0.30% 0.46% 0.78%
12/3/2010 0.27% 0.28% 0.30% 0.46% 0.79%
12/2/2010 0.27% 0.28% 0.30% 0.47% 0.79%
12/1/2010 0.27% 0.28% 0.30% 0.47% 0.79%
11/30/2010 0.26% 0.28% 0.30% 0.46% 0.79%
11/29/2010 0.26% 0.28% 0.30% 0.46% 0.78%
11/26/2010 0.26% 0.28% 0.29% 0.46% 0.78%
11/25/2010 0.26% 0.27% 0.29% 0.46% 0.78%
11/24/2010 0.25% 0.27% 0.29% 0.45% 0.77%
11/23/2010 0.25% 0.27% 0.28% 0.44% 0.76%
11/22/2010 0.25% 0.27% 0.28% 0.44% 0.76%
11/19/2010 0.25% 0.27% 0.28% 0.44% 0.76%
11/18/2010 0.25% 0.27% 0.28% 0.44% 0.76%
11/17/2010 0.25% 0.27% 0.28% 0.44% 0.76%
11/16/2010 0.25% 0.27% 0.28% 0.44% 0.76%
11/12/2010 0.25% 0.27% 0.28% 0.44% 0.76%
11/11/2010 0.25% 0.27% 0.29% 0.44% 0.76%
11/10/2010 0.25% 0.27% 0.29% 0.44% 0.76%
11/9/2010 0.25% 0.27% 0.29% 0.44% 0.76%
11/8/2010 0.25% 0.27% 0.29% 0.44% 0.76%
11/5/2010 0.25% 0.27% 0.29% 0.44% 0.76%
11/4/2010 0.25% 0.27% 0.29% 0.44% 0.76%
11/3/2010 0.25% 0.27% 0.29% 0.44% 0.76%
11/2/2010 0.25% 0.27% 0.29% 0.45% 0.76%
10/29/2010 0.25% 0.27% 0.29% 0.45% 0.76%
10/28/2010 0.25% 0.27% 0.29% 0.45% 0.76%
10/27/2010 0.26% 0.27% 0.29% 0.45% 0.77%
10/26/2010 0.26% 0.27% 0.29% 0.45% 0.77%
10/25/2010 0.26% 0.27% 0.29% 0.45% 0.77%
10/22/2010 0.26% 0.27% 0.29% 0.45% 0.77%
10/21/2010 0.26% 0.27% 0.29% 0.45% 0.77%
10/20/2010 0.26% 0.27% 0.29% 0.45% 0.77%
10/19/2010 0.26% 0.27% 0.29% 0.45% 0.77%
10/15/2010 0.26% 0.27% 0.29% 0.45% 0.77%
10/14/2010 0.26% 0.27% 0.29% 0.45% 0.77%
10/13/2010 0.26% 0.27% 0.29% 0.46% 0.77%
10/12/2010 0.26% 0.27% 0.29% 0.46% 0.77%
10/11/2010 0.26% 0.27% 0.29% 0.46% 0.77%
10/8/2010 0.26% 0.27% 0.29% 0.46% 0.77%
10/7/2010 0.26% 0.27% 0.29% 0.46% 0.77%
10/6/2010 0.26% 0.27% 0.29% 0.46% 0.77%
10/5/2010 0.26% 0.27% 0.29% 0.46% 0.78%
10/4/2010 0.26% 0.27% 0.29% 0.46% 0.78%
10/1/2010 0.26% 0.27% 0.29% 0.46% 0.78%
9/30/2010 0.26% 0.27% 0.29% 0.46% 0.78%
9/29/2010 0.26% 0.27% 0.29% 0.46% 0.78%
9/28/2010 0.26% 0.27% 0.29% 0.46% 0.78%
9/27/2010 0.26% 0.27% 0.29% 0.46% 0.78%
9/24/2010 0.26% 0.27% 0.29% 0.46% 0.78%
9/23/2010 0.26% 0.27% 0.29% 0.46% 0.78%
9/22/2010 0.26% 0.27% 0.29% 0.46% 0.78%
9/21/2010 0.26% 0.27% 0.29% 0.47% 0.79%
9/20/2010 0.26% 0.27% 0.29% 0.47% 0.79%
9/17/2010 0.26% 0.27% 0.29% 0.47% 0.79%
9/16/2010 0.26% 0.27% 0.29% 0.47% 0.79%
9/15/2010 0.26% 0.27% 0.29% 0.47% 0.80%
9/14/2010 0.26% 0.27% 0.29% 0.48% 0.81%
9/13/2010 0.26% 0.27% 0.29% 0.49% 0.82%
9/10/2010 0.26% 0.27% 0.29% 0.49% 0.82%
9/9/2010 0.26% 0.27% 0.29% 0.49% 0.82%
9/8/2010 0.26% 0.27% 0.29% 0.49% 0.82%
9/7/2010 0.26% 0.27% 0.29% 0.49% 0.83%
9/6/2010 0.26% 0.27% 0.29% 0.49% 0.83%
9/3/2010 0.26% 0.27% 0.29% 0.49% 0.83%
9/2/2010 0.26% 0.27% 0.29% 0.50% 0.84%
9/1/2010 0.26% 0.27% 0.30% 0.50% 0.84%
8/31/2010 0.26% 0.27% 0.30% 0.50% 0.84%
8/30/2010 0.26% 0.28% 0.30% 0.50% 0.86%
8/27/2010 0.26% 0.28% 0.30% 0.50% 0.86%
8/26/2010 0.26% 0.28% 0.30% 0.51% 0.87%
8/25/2010 0.26% 0.28% 0.30% 0.51% 0.87%
8/24/2010 0.26% 0.28% 0.31% 0.52% 0.88%
8/23/2010 0.26% 0.29% 0.32% 0.53% 0.89%
8/20/2010 0.26% 0.30% 0.33% 0.55% 0.91%
8/19/2010 0.26% 0.30% 0.34% 0.56% 0.92%
8/18/2010 0.27% 0.30% 0.35% 0.57% 0.93%
8/17/2010 0.27% 0.30% 0.35% 0.58% 0.95%
8/13/2010 0.27% 0.31% 0.37% 0.59% 0.97%
8/12/2010 0.28% 0.32% 0.38% 0.59% 0.96%
8/11/2010 0.28% 0.32% 0.38% 0.60% 0.97%
8/10/2010 0.29% 0.33% 0.40% 0.62% 0.99%
8/9/2010 0.29% 0.34% 0.40% 0.63% 1.00%
8/6/2010 0.29% 0.34% 0.41% 0.63% 1.00%
8/5/2010 0.29% 0.35% 0.42% 0.64% 1.01%
8/4/2010 0.30% 0.35% 0.42% 0.64% 1.00%
8/3/2010 0.30% 0.35% 0.43% 0.65% 1.02%
8/2/2010 0.30% 0.36% 0.44% 0.66% 1.03%
7/30/2010 0.31% 0.37% 0.45% 0.67% 1.04%
7/29/2010 0.31% 0.38% 0.47% 0.68% 1.05%
7/28/2010 0.32% 0.39% 0.48% 0.69% 1.06%
7/27/2010 0.32% 0.39% 0.48% 0.69% 1.07%
7/26/2010 0.33% 0.40% 0.49% 0.70% 1.08%
7/23/2010 0.33% 0.41% 0.49% 0.70% 1.07%
7/22/2010 0.33% 0.41% 0.50% 0.70% 1.08%
7/21/2010 0.33% 0.41% 0.51% 0.70% 1.09%
7/19/2010 0.34% 0.42% 0.52% 0.72% 1.12%
7/16/2010 0.34% 0.42% 0.52% 0.73% 1.13%
7/15/2010 0.34% 0.42% 0.52% 0.73% 1.13%
7/14/2010 0.34% 0.43% 0.53% 0.73% 1.14%
7/13/2010 0.34% 0.43% 0.53% 0.73% 1.15%
7/12/2010 0.34% 0.43% 0.53% 0.73% 1.14%
7/9/2010 0.34% 0.43% 0.53% 0.73% 1.15%
7/8/2010 0.34% 0.43% 0.53% 0.74% 1.15%
7/7/2010 0.35% 0.43% 0.53% 0.74% 1.16%
7/6/2010 0.35% 0.43% 0.53% 0.74% 1.16%
7/2/2010 0.35% 0.43% 0.53% 0.75% 1.17%
7/1/2010 0.35% 0.43% 0.53% 0.75% 1.17%
6/30/2010 0.35% 0.43% 0.53% 0.75% 1.17%
6/29/2010 0.35% 0.43% 0.53% 0.75% 1.17%
6/28/2010 0.35% 0.43% 0.53% 0.75% 1.18%
6/25/2010 0.35% 0.43% 0.53% 0.75% 1.18%
6/24/2010 0.35% 0.43% 0.54% 0.75% 1.18%
6/23/2010 0.35% 0.43% 0.54% 0.75% 1.18%
6/22/2010 0.35% 0.43% 0.54% 0.75% 1.18%
6/21/2010 0.35% 0.43% 0.54% 0.75% 1.18%
6/18/2010 0.35% 0.43% 0.54% 0.75% 1.18%
6/17/2010 0.35% 0.43% 0.54% 0.75% 1.19%
6/16/2010 0.35% 0.43% 0.54% 0.75% 1.19%
6/15/2010 0.35% 0.43% 0.54% 0.75% 1.19%
6/11/2010 0.35% 0.44% 0.54% 0.75% 1.18%
6/10/2010 0.35% 0.44% 0.54% 0.75% 1.18%
6/9/2010 0.35% 0.44% 0.54% 0.75% 1.19%
6/8/2010 0.35% 0.44% 0.54% 0.75% 1.20%
6/4/2010 0.35% 0.44% 0.54% 0.75% 1.20%
6/3/2010 0.35% 0.44% 0.54% 0.75% 1.21%
6/2/2010 0.35% 0.44% 0.54% 0.75% 1.21%
6/1/2010 0.35% 0.43% 0.54% 0.76% 1.21%
5/31/2010 0.35% 0.43% 0.54% 0.75% 1.20%
5/28/2010 0.35% 0.43% 0.54% 0.75% 1.20%
5/27/2010 0.35% 0.43% 0.54% 0.76% 1.21%
5/26/2010 0.35% 0.43% 0.54% 0.76% 1.22%
5/25/2010 0.35% 0.43% 0.54% 0.76% 1.22%
5/24/2010 0.35% 0.42% 0.51% 0.72% 1.18%
5/21/2010 0.34% 0.41% 0.50% 0.70% 1.15%
5/20/2010 0.34% 0.41% 0.48% 0.68% 1.14%
5/19/2010 0.34% 0.41% 0.48% 0.67% 1.13%
5/18/2010 0.34% 0.40% 0.46% 0.66% 1.12%
5/14/2010 0.34% 0.39% 0.45% 0.64% 1.11%
5/13/2010 0.34% 0.38% 0.44% 0.62% 1.09%
5/12/2010 0.34% 0.38% 0.43% 0.62% 1.10%
5/11/2010 0.34% 0.38% 0.42% 0.62% 1.10%
5/10/2010 0.34% 0.38% 0.42% 0.62% 1.10%
5/7/2010 0.35% 0.39% 0.43% 0.64% 1.13%
5/6/2010 0.30% 0.34% 0.37% 0.57% 1.07%
5/5/2010 0.29% 0.33% 0.36% 0.56% 1.05%
5/4/2010 0.28% 0.32% 0.35% 0.55% 1.04%
5/3/2010 0.28% 0.32% 0.35% 0.53% 1.02%
4/30/2010 0.28% 0.32% 0.35% 0.53% 1.02%
4/29/2010 0.28% 0.31% 0.34% 0.53% 1.01%
4/28/2010 0.27% 0.30% 0.34% 0.52% 1.02%
4/27/2010 0.27% 0.30% 0.33% 0.51% 1.00%
4/26/2010 0.26% 0.29% 0.32% 0.50% 0.99%
4/23/2010 0.26% 0.29% 0.32% 0.49% 0.98%
4/22/2010 0.26% 0.29% 0.32% 0.48% 0.96%
4/21/2010 0.26% 0.28% 0.31% 0.47% 0.95%
4/20/2010 0.26% 0.28% 0.31% 0.47% 0.94%
4/19/2010 0.26% 0.28% 0.31% 0.46% 0.93%
4/16/2010 0.26% 0.28% 0.31% 0.46% 0.94%
4/15/2010 0.26% 0.28% 0.30% 0.47% 0.95%
4/14/2010 0.26% 0.28% 0.30% 0.46% 0.95%
4/13/2010 0.25% 0.28% 0.30% 0.46% 0.94%
4/12/2010 0.25% 0.27% 0.30% 0.46% 0.94%
4/9/2010 0.25% 0.27% 0.30% 0.45% 0.94%
4/8/2010 0.25% 0.27% 0.29% 0.45% 0.93%
4/7/2010 0.25% 0.27% 0.30% 0.45% 0.94%
4/6/2010 0.25% 0.27% 0.29% 0.45% 0.95%
4/5/2010 0.25% 0.27% 0.29% 0.44% 0.92%
3/31/2010 0.25% 0.27% 0.29% 0.44% 0.92%
3/30/2010 0.25% 0.27% 0.29% 0.44% 0.91%
3/29/2010 0.25% 0.27% 0.29% 0.44% 0.91%
3/26/2010 0.25% 0.26% 0.29% 0.44% 0.91%
3/25/2010 0.25% 0.26% 0.29% 0.44% 0.91%
3/24/2010 0.25% 0.26% 0.28% 0.44% 0.89%
3/23/2010 0.25% 0.26% 0.28% 0.43% 0.89%
3/19/2010 0.25% 0.26% 0.28% 0.42% 0.88%
3/18/2010 0.24% 0.25% 0.27% 0.41% 0.86%
3/17/2010 0.24% 0.25% 0.27% 0.40% 0.86%
3/16/2010 0.24% 0.25% 0.26% 0.40% 0.87%
3/15/2010 0.23% 0.24% 0.26% 0.40% 0.87%
3/12/2010 0.23% 0.24% 0.26% 0.40% 0.87%
3/11/2010 0.23% 0.24% 0.26% 0.39% 0.86%
3/10/2010 0.23% 0.24% 0.26% 0.39% 0.86%
3/9/2010 0.23% 0.24% 0.26% 0.39% 0.86%
3/8/2010 0.23% 0.24% 0.25% 0.40% 0.87%
3/5/2010 0.23% 0.24% 0.25% 0.39% 0.85%
3/4/2010 0.23% 0.24% 0.25% 0.38% 0.83%
3/3/2010 0.23% 0.24% 0.25% 0.38% 0.83%
3/2/2010 0.23% 0.24% 0.25% 0.38% 0.84%
3/1/2010 0.23% 0.24% 0.25% 0.38% 0.84%
2/26/2010 0.23% 0.24% 0.25% 0.39% 0.84%
2/25/2010 0.23% 0.24% 0.25% 0.39% 0.84%
2/24/2010 0.23% 0.24% 0.25% 0.39% 0.85%
2/23/2010 0.23% 0.24% 0.25% 0.39% 0.87%
2/22/2010 0.23% 0.24% 0.25% 0.39% 0.87%
2/19/2010 0.23% 0.24% 0.25% 0.40% 0.88%
2/18/2010 0.23% 0.24% 0.25% 0.38% 0.85%
2/17/2010 0.23% 0.24% 0.25% 0.39% 0.85%
2/16/2010 0.23% 0.24% 0.25% 0.39% 0.86%
2/15/2010 0.23% 0.24% 0.25% 0.39% 0.85%
2/12/2010 0.23% 0.24% 0.25% 0.39% 0.85%
2/11/2010 0.23% 0.24% 0.25% 0.39% 0.86%
2/10/2010 0.23% 0.24% 0.25% 0.39% 0.85%
2/9/2010 0.23% 0.24% 0.25% 0.39% 0.85%
2/8/2010 0.23% 0.24% 0.25% 0.39% 0.84%
2/5/2010 0.23% 0.24% 0.25% 0.39% 0.84%
2/4/2010 0.23% 0.24% 0.25% 0.39% 0.85%
2/3/2010 0.23% 0.24% 0.25% 0.38% 0.85%
2/2/2010 0.23% 0.24% 0.25% 0.38% 0.84%
2/1/2010 0.23% 0.24% 0.25% 0.38% 0.84%
1/29/2010 0.23% 0.24% 0.25% 0.38% 0.85%
1/28/2010 0.23% 0.24% 0.25% 0.39% 0.85%
1/27/2010 0.23% 0.24% 0.25% 0.38% 0.84%
1/26/2010 0.23% 0.24% 0.25% 0.38% 0.84%
1/25/2010 0.23% 0.24% 0.25% 0.39% 0.86%
1/22/2010 0.23% 0.24% 0.25% 0.38% 0.86%
1/21/2010 0.23% 0.24% 0.25% 0.39% 0.88%
1/20/2010 0.23% 0.24% 0.25% 0.39% 0.88%
1/19/2010 0.23% 0.24% 0.25% 0.39% 0.88%
1/18/2010 0.23% 0.24% 0.25% 0.39% 0.88%
1/15/2010 0.23% 0.24% 0.25% 0.39% 0.90%
1/14/2010 0.23% 0.24% 0.25% 0.40% 0.91%
1/13/2010 0.23% 0.24% 0.25% 0.40% 0.90%
1/12/2010 0.23% 0.24% 0.25% 0.40% 0.91%
1/8/2010 0.23% 0.24% 0.25% 0.42% 0.96%
1/7/2010 0.23% 0.24% 0.25% 0.42% 0.95%
1/6/2010 0.23% 0.24% 0.25% 0.43% 0.96%
1/5/2010 0.23% 0.24% 0.25% 0.43% 0.97%
1/4/2010 0.23% 0.24% 0.25% 0.43% 0.99%
2009

Libor a 1 mes Libor a 2 meses Libor a 3 meses Libor a 6 meses Libor a 12 meses
Fecha
12/30/2009 0.23% 0.24% 0.25% 0.43% 0.99%
12/29/2009 0.23% 0.24% 0.25% 0.43% 1.00%
12/28/2009 0.23% 0.24% 0.25% 0.43% 0.98%
12/24/2009 0.23% 0.24% 0.25% 0.43% 0.98%
12/23/2009 0.23% 0.24% 0.25% 0.43% 0.97%
12/22/2009 0.23% 0.24% 0.25% 0.43% 0.98%
12/21/2009 0.23% 0.24% 0.25% 0.43% 0.96%
12/18/2009 0.23% 0.24% 0.25% 0.44% 0.97%
12/17/2009 0.23% 0.24% 0.25% 0.44% 0.99%
12/16/2009 0.23% 0.24% 0.25% 0.45% 1.00%
12/15/2009 0.23% 0.24% 0.25% 0.45% 1.01%
12/14/2009 0.23% 0.24% 0.25% 0.45% 1.00%
12/11/2009 0.23% 0.24% 0.25% 0.46% 1.00%
12/10/2009 0.23% 0.24% 0.25% 0.46% 1.01%
12/9/2009 0.23% 0.24% 0.26% 0.46% 1.01%
12/7/2009 0.23% 0.24% 0.26% 0.48% 1.05%
12/4/2009 0.23% 0.24% 0.26% 0.48% 1.03%
12/3/2009 0.23% 0.24% 0.26% 0.49% 1.03%
12/2/2009 0.23% 0.24% 0.26% 0.48% 1.00%
12/1/2009 0.23% 0.24% 0.26% 0.48% 1.01%
11/30/2009 0.24% 0.24% 0.26% 0.49% 1.02%
11/27/2009 0.24% 0.24% 0.26% 0.48% 1.01%
11/26/2009 0.23% 0.24% 0.25% 0.48% 1.00%
11/25/2009 0.23% 0.24% 0.26% 0.48% 1.01%
11/24/2009 0.24% 0.25% 0.26% 0.48% 1.01%
11/23/2009 0.24% 0.25% 0.26% 0.49% 1.02%
11/20/2009 0.24% 0.25% 0.26% 0.49% 1.02%
11/19/2009 0.24% 0.25% 0.27% 0.49% 1.03%
11/18/2009 0.24% 0.25% 0.27% 0.50% 1.06%
11/17/2009 0.24% 0.25% 0.27% 0.51% 1.06%
11/13/2009 0.24% 0.25% 0.27% 0.52% 1.09%
11/12/2009 0.24% 0.25% 0.27% 0.52% 1.10%
11/11/2009 0.24% 0.25% 0.27% 0.53% 1.11%
11/10/2009 0.24% 0.25% 0.27% 0.54% 1.12%
11/9/2009 0.24% 0.25% 0.27% 0.54% 1.13%
11/6/2009 0.24% 0.25% 0.27% 0.55% 1.16%
11/5/2009 0.24% 0.25% 0.28% 0.55% 1.17%
11/4/2009 0.24% 0.26% 0.28% 0.56% 1.19%
11/3/2009 0.24% 0.26% 0.28% 0.56% 1.18%
10/30/2009 0.24% 0.26% 0.28% 0.56% 1.20%
10/29/2009 0.24% 0.26% 0.28% 0.56% 1.20%
10/28/2009 0.24% 0.25% 0.28% 0.57% 1.21%
10/27/2009 0.24% 0.25% 0.28% 0.58% 1.24%
10/26/2009 0.24% 0.25% 0.28% 0.58% 1.24%
10/23/2009 0.24% 0.25% 0.28% 0.58% 1.24%
10/22/2009 0.24% 0.25% 0.28% 0.58% 1.23%
10/21/2009 0.24% 0.25% 0.28% 0.59% 1.23%
10/20/2009 0.25% 0.25% 0.28% 0.59% 1.24%
10/19/2009 0.25% 0.25% 0.28% 0.59% 1.25%
10/16/2009 0.25% 0.25% 0.28% 0.59% 1.25%
10/15/2009 0.25% 0.25% 0.28% 0.59% 1.24%
10/14/2009 0.25% 0.25% 0.28% 0.59% 1.23%
10/13/2009 0.25% 0.25% 0.28% 0.60% 1.24%
10/9/2009 0.25% 0.25% 0.28% 0.60% 1.22%
10/8/2009 0.24% 0.25% 0.28% 0.60% 1.21%
10/7/2009 0.24% 0.25% 0.28% 0.60% 1.22%
10/6/2009 0.24% 0.25% 0.28% 0.60% 1.21%
10/5/2009 0.24% 0.25% 0.28% 0.60% 1.21%
10/2/2009 0.24% 0.25% 0.28% 0.60% 1.21%
10/1/2009 0.25% 0.25% 0.28% 0.62% 1.24%
9/30/2009 0.25% 0.25% 0.29% 0.63% 1.26%
9/29/2009 0.25% 0.25% 0.29% 0.63% 1.25%
9/28/2009 0.25% 0.25% 0.28% 0.64% 1.26%
9/25/2009 0.25% 0.25% 0.28% 0.64% 1.24%
9/24/2009 0.25% 0.25% 0.28% 0.64% 1.23%
9/23/2009 0.25% 0.26% 0.29% 0.66% 1.26%
9/22/2009 0.25% 0.26% 0.29% 0.67% 1.27%
9/21/2009 0.25% 0.26% 0.29% 0.68% 1.28%
9/18/2009 0.25% 0.26% 0.29% 0.68% 1.27%
9/17/2009 0.25% 0.26% 0.29% 0.68% 1.29%
9/16/2009 0.24% 0.26% 0.29% 0.68% 1.27%
9/15/2009 0.24% 0.25% 0.29% 0.68% 1.26%
9/14/2009 0.24% 0.25% 0.30% 0.68% 1.25%
9/11/2009 0.24% 0.26% 0.30% 0.68% 1.25%
9/10/2009 0.24% 0.26% 0.30% 0.68% 1.26%
9/9/2009 0.25% 0.26% 0.30% 0.69% 1.27%
9/8/2009 0.25% 0.26% 0.30% 0.70% 1.28%
9/3/2009 0.25% 0.27% 0.32% 0.72% 1.29%
9/2/2009 0.25% 0.27% 0.33% 0.73% 1.30%
9/1/2009 0.26% 0.27% 0.33% 0.73% 1.30%
8/31/2009 0.26% 0.28% 0.35% 0.76% 1.33%
8/28/2009 0.26% 0.28% 0.35% 0.76% 1.33%
8/27/2009 0.26% 0.29% 0.36% 0.77% 1.35%
8/26/2009 0.26% 0.29% 0.37% 0.78% 1.36%
8/25/2009 0.26% 0.29% 0.38% 0.79% 1.36%
8/24/2009 0.26% 0.30% 0.39% 0.80% 1.38%
8/21/2009 0.27% 0.30% 0.39% 0.80% 1.35%
8/20/2009 0.27% 0.30% 0.41% 0.81% 1.38%
8/19/2009 0.27% 0.31% 0.42% 0.81% 1.37%
8/18/2009 0.27% 0.31% 0.43% 0.83% 1.39%
8/14/2009 0.27% 0.31% 0.43% 0.83% 1.39%
8/13/2009 0.27% 0.32% 0.44% 0.85% 1.42%
8/12/2009 0.27% 0.32% 0.45% 0.87% 1.46%
8/11/2009 0.27% 0.32% 0.45% 0.89% 1.51%
8/10/2009 0.28% 0.32% 0.46% 0.91% 1.55%
8/6/2009 0.28% 0.32% 0.46% 0.91% 1.51%
8/5/2009 0.28% 0.32% 0.47% 0.91% 1.50%
8/4/2009 0.28% 0.33% 0.47% 0.91% 1.49%
8/3/2009 0.28% 0.33% 0.47% 0.90% 1.48%
7/31/2009 0.28% 0.33% 0.48% 0.93% 1.50%
7/30/2009 0.28% 0.33% 0.48% 0.93% 1.50%
7/29/2009 0.29% 0.34% 0.49% 0.93% 1.49%
7/28/2009 0.29% 0.34% 0.49% 0.94% 1.48%
7/27/2009 0.29% 0.34% 0.50% 0.95% 1.49%
7/24/2009 0.29% 0.35% 0.50% 0.95% 1.49%
7/23/2009 0.29% 0.35% 0.50% 0.95% 1.47%
7/22/2009 0.29% 0.35% 0.50% 0.95% 1.48%
7/21/2009 0.29% 0.35% 0.50% 0.96% 1.49%
7/17/2009 0.29% 0.35% 0.50% 0.97% 1.49%
7/16/2009 0.29% 0.35% 0.51% 0.99% 1.51%
7/15/2009 0.29% 0.35% 0.51% 0.99% 1.51%
7/14/2009 0.29% 0.36% 0.51% 0.98% 1.49%
7/13/2009 0.29% 0.36% 0.51% 0.97% 1.46%
7/10/2009 0.29% 0.36% 0.51% 0.97% 1.46%
7/9/2009 0.30% 0.37% 0.51% 0.99% 1.48%
7/8/2009 0.30% 0.38% 0.53% 1.01% 1.49%
7/7/2009 0.30% 0.39% 0.54% 1.02% 1.51%
7/6/2009 0.30% 0.40% 0.55% 1.03% 1.51%
7/3/2009 0.30% 0.40% 0.56% 1.05% 1.53%
7/2/2009 0.30% 0.41% 0.58% 1.08% 1.58%
7/1/2009 0.31% 0.41% 0.59% 1.09% 1.59%
6/30/2009 0.31% 0.41% 0.60% 1.11% 1.61%
6/26/2009 0.31% 0.42% 0.60% 1.10% 1.59%
6/25/2009 0.31% 0.43% 0.60% 1.11% 1.65%
6/24/2009 0.31% 0.43% 0.60% 1.13% 1.64%
6/23/2009 0.31% 0.44% 0.61% 1.15% 1.68%
6/19/2009 0.32% 0.45% 0.61% 1.18% 1.74%
6/18/2009 0.32% 0.45% 0.61% 1.16% 1.69%
6/17/2009 0.31% 0.45% 0.61% 1.16% 1.69%
6/16/2009 0.32% 0.45% 0.61% 1.16% 1.70%
6/12/2009 0.32% 0.46% 0.62% 1.18% 1.73%
6/11/2009 0.32% 0.47% 0.63% 1.22% 1.79%
6/9/2009 0.32% 0.48% 0.65% 1.27% 1.84%
6/8/2009 0.32% 0.49% 0.65% 1.28% 1.85%
6/5/2009 0.32% 0.48% 0.63% 1.20% 1.60%
6/4/2009 0.32% 0.48% 0.63% 1.18% 1.55%
6/3/2009 0.32% 0.49% 0.64% 1.21% 1.58%
6/2/2009 0.32% 0.50% 0.65% 1.23% 1.61%
5/29/2009 0.32% 0.51% 0.66% 1.24% 1.60%
5/28/2009 0.32% 0.51% 0.67% 1.26% 1.62%
5/27/2009 0.32% 0.51% 0.67% 1.27% 1.63%
5/26/2009 0.32% 0.50% 0.66% 1.22% 1.55%
5/22/2009 0.31% 0.51% 0.66% 1.20% 1.53%
5/21/2009 0.31% 0.51% 0.66% 1.17% 1.49%
5/20/2009 0.31% 0.55% 0.72% 1.24% 1.55%
5/19/2009 0.31% 0.59% 0.75% 1.28% 1.58%
5/18/2009 0.32% 0.61% 0.79% 1.31% 1.61%
5/15/2009 0.33% 0.64% 0.83% 1.36% 1.66%
5/14/2009 0.34% 0.67% 0.85% 1.38% 1.69%
5/13/2009 0.34% 0.70% 0.88% 1.41% 1.73%
5/12/2009 0.35% 0.72% 0.91% 1.43% 1.75%
5/11/2009 0.35% 0.74% 0.92% 1.44% 1.76%
5/8/2009 0.37% 0.76% 0.94% 1.46% 1.78%
5/7/2009 0.38% 0.78% 0.96% 1.49% 1.81%
5/6/2009 0.40% 0.80% 0.97% 1.51% 1.82%
5/5/2009 0.40% 0.81% 0.99% 1.54% 1.86%
5/4/2009 0.41% 0.82% 1.01% 1.55% 1.86%
4/30/2009 0.41% 0.83% 1.02% 1.57% 1.88%
4/29/2009 0.42% 0.84% 1.03% 1.58% 1.89%
4/28/2009 0.43% 0.85% 1.04% 1.58% 1.88%
4/27/2009 0.43% 0.85% 1.05% 1.59% 1.90%
4/24/2009 0.44% 0.86% 1.07% 1.62% 1.93%
4/23/2009 0.44% 0.87% 1.09% 1.64% 1.95%
4/22/2009 0.44% 0.88% 1.10% 1.66% 1.97%
4/21/2009 0.44% 0.88% 1.10% 1.65% 1.95%
4/20/2009 0.44% 0.88% 1.10% 1.65% 1.95%
4/17/2009 0.45% 0.88% 1.10% 1.64% 1.92%
4/16/2009 0.45% 0.88% 1.11% 1.64% 1.91%
4/15/2009 0.45% 0.89% 1.11% 1.65% 1.91%
4/14/2009 0.45% 0.89% 1.12% 1.66% 1.93%
4/13/2009 0.45% 0.90% 1.13% 1.68% 1.95%
4/8/2009 0.46% 0.90% 1.14% 1.69% 1.96%
4/7/2009 0.47% 0.91% 1.15% 1.70% 1.98%
4/6/2009 0.48% 0.91% 1.16% 1.72% 1.99%
4/3/2009 0.48% 0.91% 1.16% 1.71% 1.96%
4/2/2009 0.49% 0.92% 1.17% 1.72% 1.96%
4/1/2009 0.50% 0.93% 1.18% 1.72% 1.95%
3/31/2009 0.50% 0.94% 1.19% 1.74% 1.97%
3/30/2009 0.51% 0.95% 1.21% 1.75% 1.98%
3/27/2009 0.52% 0.96% 1.22% 1.76% 2.01%
3/26/2009 0.52% 0.97% 1.23% 1.79% 2.05%
3/25/2009 0.52% 0.97% 1.23% 1.78% 2.03%
3/24/2009 0.52% 0.97% 1.23% 1.77% 2.03%
3/20/2009 0.52% 0.97% 1.22% 1.75% 2.01%
3/19/2009 0.52% 0.97% 1.23% 1.74% 2.01%
3/18/2009 0.55% 1.00% 1.29% 1.86% 2.18%
3/17/2009 0.56% 1.01% 1.30% 1.88% 2.20%
3/16/2009 0.56% 1.01% 1.31% 1.89% 2.21%
3/13/2009 0.56% 1.01% 1.32% 1.90% 2.23%
3/12/2009 0.56% 1.02% 1.32% 1.90% 2.23%
3/11/2009 0.56% 1.02% 1.33% 1.93% 2.26%
3/10/2009 0.56% 1.02% 1.33% 1.96% 2.30%
3/9/2009 0.56% 1.00% 1.31% 1.92% 2.24%
3/6/2009 0.55% 0.99% 1.29% 1.85% 2.15%
3/5/2009 0.53% 0.98% 1.28% 1.83% 2.14%
3/4/2009 0.52% 0.98% 1.28% 1.82% 2.12%
3/3/2009 0.51% 0.97% 1.27% 1.81% 2.11%
3/2/2009 0.50% 0.97% 1.27% 1.80% 2.11%
2/27/2009 0.50% 0.96% 1.26% 1.80% 2.12%
2/26/2009 0.50% 0.96% 1.26% 1.80% 2.12%
2/25/2009 0.48% 0.96% 1.26% 1.77% 2.07%
2/24/2009 0.48% 0.95% 1.25% 1.75% 2.04%
2/23/2009 0.47% 0.95% 1.25% 1.75% 2.06%
2/20/2009 0.47% 0.95% 1.25% 1.76% 2.08%
2/19/2009 0.47% 0.95% 1.25% 1.79% 2.10%
2/18/2009 0.47% 0.95% 1.25% 1.78% 2.10%
2/17/2009 0.47% 0.95% 1.25% 1.77% 2.09%
2/16/2009 0.47% 0.95% 1.25% 1.76% 2.09%
2/13/2009 0.46% 0.94% 1.24% 1.74% 2.03%
2/12/2009 0.46% 0.94% 1.23% 1.72% 2.02%
2/11/2009 0.45% 0.94% 1.23% 1.73% 2.02%
2/10/2009 0.45% 0.94% 1.22% 1.69% 1.99%
2/9/2009 0.45% 0.94% 1.23% 1.70% 2.00%
2/6/2009 0.45% 0.95% 1.24% 1.75% 2.04%
2/5/2009 0.45% 0.95% 1.24% 1.77% 2.09%
2/4/2009 0.45% 0.95% 1.24% 1.77% 2.09%
2/3/2009 0.45% 0.95% 1.23% 1.78% 2.08%
2/2/2009 0.44% 0.94% 1.23% 1.76% 2.07%
1/30/2009 0.42% 0.91% 1.18% 1.66% 1.98%
1/29/2009 0.41% 0.91% 1.17% 1.63% 1.92%
1/28/2009 0.41% 0.91% 1.17% 1.63% 1.91%
1/27/2009 0.41% 0.91% 1.18% 1.68% 1.97%
1/26/2009 0.41% 0.91% 1.18% 1.67% 1.97%
1/23/2009 0.40% 0.90% 1.17% 1.63% 1.92%
1/22/2009 0.39% 0.90% 1.16% 1.62% 1.92%
1/21/2009 0.36% 0.87% 1.13% 1.56% 1.84%
1/20/2009 0.35% 0.86% 1.12% 1.55% 1.83%
1/19/2009 0.36% 0.87% 1.13% 1.56% 1.85%
1/16/2009 0.36% 0.88% 1.14% 1.59% 1.89%
1/15/2009 0.33% 0.84% 1.09% 1.50% 1.77%
1/14/2009 0.33% 0.84% 1.08% 1.47% 1.75%
1/13/2009 0.33% 0.85% 1.09% 1.47% 1.74%
1/9/2009 0.37% 0.97% 1.26% 1.60% 1.86%
1/8/2009 0.39% 1.04% 1.35% 1.69% 1.93%
1/7/2009 0.41% 1.07% 1.40% 1.75% 2.00%
1/6/2009 0.42% 1.09% 1.41% 1.77% 2.05%
1/5/2009 0.43% 1.10% 1.42% 1.79% 2.09%
1/2/2009 0.43% 1.10% 1.41% 1.75% 2.02%
2008
Libor a 1 mes Libor a 2 meses Libor a 3 meses Libor a 6 meses Libor a 12 meses
Fecha
12/31/2008 0.44% 1.10% 1.43% 1.75% 2.00%
12/30/2008 0.45% 1.12% 1.44% 1.78% 2.03%
12/29/2008 0.46% 1.13% 1.46% 1.81% 2.08%
12/26/2008 0.47% 1.15% 1.47% 1.83% 2.09%
12/24/2008 0.47% 1.15% 1.47% 1.83% 2.09%
12/23/2008 0.47% 1.15% 1.47% 1.85% 2.11%
12/22/2008 0.46% 1.15% 1.47% 1.83% 2.08%
12/19/2008 0.47% 1.18% 1.50% 1.85% 2.09%
12/18/2008 0.51% 1.22% 1.53% 1.86% 2.10%
12/17/2008 0.58% 1.27% 1.58% 1.89% 2.10%
12/16/2008 0.88% 1.57% 1.85% 2.17% 2.37%
12/15/2008 0.96% 1.61% 1.87% 2.22% 2.43%
12/12/2008 1.04% 1.68% 1.92% 2.22% 2.42%
12/11/2008 1.20% 1.77% 2.00% 2.32% 2.53%
12/10/2008 1.44% 1.90% 2.10% 2.44% 2.62%
12/9/2008 1.64% 1.99% 2.16% 2.53% 2.71%
12/5/2008 1.87% 2.04% 2.19% 2.55% 2.69%
12/4/2008 1.88% 2.04% 2.19% 2.52% 2.65%
12/3/2008 1.89% 2.05% 2.20% 2.56% 2.70%
12/2/2008 1.90% 2.06% 2.21% 2.57% 2.71%
12/1/2008 1.91% 2.07% 2.22% 2.61% 2.77%
11/28/2008 1.90% 2.06% 2.22% 2.59% 2.77%
11/27/2008 1.90% 2.04% 2.20% 2.57% 2.75%
11/26/2008 1.43% 2.03% 2.18% 2.54% 2.72%
11/25/2008 1.44% 2.05% 2.20% 2.62% 2.84%
11/24/2008 1.41% 2.03% 2.17% 2.58% 2.76%
11/21/2008 1.40% 2.02% 2.16% 2.57% 2.74%
11/20/2008 1.40% 2.03% 2.15% 2.54% 2.71%
11/19/2008 1.41% 2.04% 2.17% 2.58% 2.76%
11/18/2008 1.45% 2.09% 2.22% 2.63% 2.80%
11/14/2008 1.48% 2.12% 2.24% 2.71% 2.91%
11/13/2008 1.42% 2.04% 2.15% 2.60% 2.75%
11/12/2008 1.41% 2.02% 2.13% 2.53% 2.68%
11/11/2008 1.48% 2.05% 2.18% 2.55% 2.71%
11/10/2008 1.54% 2.10% 2.24% 2.62% 2.79%
11/7/2008 1.62% 2.16% 2.29% 2.64% 2.80%
11/6/2008 1.77% 2.25% 2.39% 2.70% 2.84%
11/5/2008 1.96% 2.41% 2.51% 2.82% 2.97%
11/4/2008 2.18% 2.61% 2.71% 2.97% 3.11%
10/31/2008 2.58% 2.97% 3.03% 3.12% 3.17%
10/28/2008 3.17% 3.32% 3.47% 3.48% 3.49%
10/27/2008 3.22% 3.37% 3.51% 3.51% 3.50%
10/24/2008 3.24% 3.38% 3.52% 3.53% 3.51%
10/23/2008 3.26% 3.39% 3.54% 3.53% 3.50%
10/22/2008 3.28% 3.38% 3.54% 3.48% 3.42%
10/21/2008 3.53% 3.70% 3.83% 3.70% 3.60%
10/20/2008 3.75% 3.93% 4.06% 3.83% 3.71%
10/17/2008 4.18% 4.31% 4.42% 4.13% 3.97%
10/16/2008 4.28% 4.40% 4.50% 4.18% 3.98%
10/15/2008 4.36% 4.47% 4.55% 4.22% 4.03%
10/14/2008 4.47% 4.56% 4.64% 4.26% 4.06%
10/10/2008 4.59% 4.68% 4.82% 4.39% 4.17%
10/9/2008 4.51% 4.59% 4.75% 4.38% 4.23%
10/8/2008 4.29% 4.38% 4.52% 4.11% 3.99%
10/7/2008 4.14% 4.20% 4.32% 4.02% 3.90%
10/6/2008 4.09% 4.17% 4.29% 4.05% 3.95%
10/3/2008 4.11% 4.21% 4.33% 4.13% 4.06%
10/2/2008 4.05% 4.11% 4.21% 4.05% 4.02%
10/1/2008 4.00% 4.05% 4.15% 4.04% 4.04%
9/30/2008 3.93% 3.97% 4.05% 3.98% 3.96%
9/29/2008 3.72% 3.75% 3.88% 3.83% 3.84%
9/26/2008 3.70% 3.72% 3.76% 3.88% 3.89%
9/25/2008 3.71% 3.73% 3.77% 3.98% 3.98%
9/24/2008 3.43% 3.46% 3.48% 3.70% 3.76%
9/23/2008 3.21% 3.20% 3.21% 3.47% 3.54%
9/22/2008 3.18% 3.18% 3.20% 3.43% 3.51%
9/19/2008 3.19% 3.20% 3.21% 3.46% 3.46%
9/18/2008 3.19% 3.19% 3.20% 3.39% 3.35%
9/17/2008 3.03% 3.05% 3.06% 3.25% 3.23%
9/16/2008 2.75% 2.80% 2.88% 3.02% 2.95%
9/15/2008 2.50% 2.69% 2.82% 3.00% 2.99%
9/12/2008 2.49% 2.69% 2.82% 3.09% 3.13%
9/11/2008 2.49% 2.69% 2.82% 3.08% 3.13%
9/10/2008 2.49% 2.69% 2.82% 3.09% 3.14%
9/9/2008 2.49% 2.69% 2.82% 3.10% 3.17%
9/8/2008 2.49% 2.69% 2.82% 3.12% 3.24%
9/5/2008 2.49% 2.68% 2.81% 3.10% 3.13%
9/4/2008 2.49% 2.68% 2.82% 3.11% 3.18%
9/3/2008 2.49% 2.69% 2.81% 3.11% 3.18%
9/2/2008 2.49% 2.68% 2.81% 3.12% 3.21%
9/1/2008 2.49% 2.68% 2.81% 3.11% 3.20%
8/29/2008 2.49% 2.68% 2.81% 3.12% 3.21%
8/28/2008 2.49% 2.68% 2.81% 3.12% 3.21%
8/27/2008 2.47% 2.68% 2.81% 3.12% 3.23%
8/26/2008 2.47% 2.68% 2.81% 3.12% 3.22%
8/25/2008 2.47% 2.68% 2.81% 3.11% 3.21%
8/22/2008 2.47% 2.68% 2.81% 3.11% 3.21%
8/21/2008 2.47% 2.68% 2.81% 3.10% 3.17%
8/20/2008 2.47% 2.68% 2.81% 3.12% 3.23%
8/19/2008 2.47% 2.68% 2.81% 3.13% 3.24%
8/15/2008 2.47% 2.68% 2.81% 3.12% 3.26%
8/14/2008 2.47% 2.68% 2.81% 3.10% 3.23%
8/13/2008 2.47% 2.67% 2.80% 3.10% 3.22%
8/12/2008 2.46% 2.67% 2.80% 3.10% 3.27%
8/11/2008 2.46% 2.67% 2.80% 3.09% 3.24%
8/8/2008 2.46% 2.67% 2.80% 3.09% 3.23%
8/6/2008 2.46% 2.67% 2.80% 3.10% 3.27%
8/5/2008 2.46% 2.67% 2.80% 3.11% 3.28%
8/4/2008 2.46% 2.66% 2.80% 3.09% 3.24%
8/1/2008 2.46% 2.66% 2.79% 3.08% 3.22%
7/31/2008 2.46% 2.66% 2.79% 3.08% 3.25%
7/30/2008 2.46% 2.67% 2.80% 3.13% 3.29%
7/29/2008 2.46% 2.67% 2.80% 3.12% 3.28%
7/28/2008 2.46% 2.66% 2.80% 3.14% 3.31%
7/25/2008 2.46% 2.66% 2.79% 3.11% 3.27%
7/24/2008 2.46% 2.67% 2.80% 3.16% 3.38%
7/23/2008 2.46% 2.67% 2.80% 3.17% 3.41%
7/22/2008 2.46% 2.67% 2.80% 3.14% 3.34%
7/21/2008 2.46% 2.67% 2.80% 3.15% 3.36%
7/18/2008 2.46% 2.66% 2.79% 3.10% 3.26%
7/17/2008 2.46% 2.66% 2.79% 3.08% 3.21%
7/16/2008 2.46% 2.66% 2.79% 3.07% 3.15%
7/15/2008 2.46% 2.66% 2.79% 3.09% 3.20%
7/14/2008 2.46% 2.66% 2.79% 3.12% 3.28%
7/11/2008 2.46% 2.66% 2.79% 3.12% 3.26%
7/10/2008 2.46% 2.66% 2.79% 3.09% 3.21%
7/9/2008 2.46% 2.66% 2.79% 3.11% 3.25%
7/8/2008 2.46% 2.66% 2.79% 3.10% 3.22%
7/7/2008 2.46% 2.66% 2.79% 3.12% 3.30%
7/4/2008 2.46% 2.66% 2.79% 3.11% 3.29%
7/3/2008 2.46% 2.66% 2.79% 3.13% 3.33%
7/2/2008 2.46% 2.66% 2.79% 3.13% 3.35%
7/1/2008 2.46% 2.65% 2.79% 3.12% 3.32%
6/27/2008 2.47% 2.66% 2.79% 3.15% 3.38%
6/26/2008 2.48% 2.67% 2.80% 3.13% 3.44%
6/25/2008 2.48% 2.67% 2.81% 3.17% 3.51%
6/24/2008 2.48% 2.68% 2.81% 3.19% 3.56%
6/23/2008 2.48% 2.67% 2.80% 3.18% 3.54%
6/20/2008 2.48% 2.67% 2.80% 3.18% 3.55%
6/19/2008 2.48% 2.67% 2.80% 3.18% 3.55%
6/18/2008 2.48% 2.67% 2.80% 3.19% 3.58%
6/17/2008 2.48% 2.68% 2.81% 3.22% 3.59%
6/16/2008 2.48% 2.68% 2.81% 3.24% 3.66%
6/13/2008 2.48% 2.68% 2.81% 3.26% 3.68%
6/12/2008 2.47% 2.65% 2.78% 3.13% 3.50%
6/11/2008 2.48% 2.66% 2.79% 3.15% 3.52%
6/10/2008 2.48% 2.65% 2.79% 3.17% 3.54%
6/9/2008 2.45% 2.57% 2.69% 2.96% 3.19%
6/6/2008 2.45% 2.58% 2.70% 2.97% 3.21%
6/5/2008 2.45% 2.57% 2.68% 2.92% 3.13%
6/4/2008 2.45% 2.57% 2.67% 2.89% 3.10%
6/3/2008 2.45% 2.57% 2.67% 2.88% 3.10%
5/30/2008 2.46% 2.58% 2.68% 2.91% 3.16%
5/29/2008 2.46% 2.58% 2.68% 2.93% 3.21%
5/28/2008 2.38% 2.54% 2.65% 2.86% 3.09%
5/27/2008 2.38% 2.54% 2.64% 2.85% 3.07%
5/23/2008 2.38% 2.54% 2.65% 2.85% 3.07%
5/22/2008 2.39% 2.54% 2.64% 2.81% 3.00%
5/21/2008 2.40% 2.54% 2.64% 2.78% 2.95%
5/20/2008 2.43% 2.57% 2.66% 2.80% 2.98%
5/19/2008 2.45% 2.59% 2.68% 2.85% 3.03%
5/16/2008 2.48% 2.61% 2.70% 2.89% 3.08%
5/15/2008 2.50% 2.63% 2.72% 2.94% 3.18%
5/14/2008 2.51% 2.63% 2.72% 2.94% 3.17%
5/13/2008 2.51% 2.62% 2.68% 2.83% 2.96%
5/12/2008 2.53% 2.63% 2.68% 2.80% 2.92%
5/9/2008 2.55% 2.64% 2.69% 2.78% 2.87%
5/8/2008 2.59% 2.66% 2.72% 2.82% 2.94%
5/7/2008 2.62% 2.69% 2.73% 2.85% 3.00%
5/6/2008 2.67% 2.72% 2.76% 2.88% 3.02%
5/2/2008 2.70% 2.74% 2.77% 2.87% 2.99%
4/30/2008 2.80% 2.83% 2.85% 2.97% 3.08%
4/29/2008 2.83% 2.85% 2.87% 2.99% 3.11%
4/28/2008 2.86% 2.88% 2.90% 3.04% 3.18%
4/25/2008 2.88% 2.90% 2.91% 3.08% 3.24%
4/24/2008 2.89% 2.90% 2.91% 3.03% 3.08%
4/23/2008 2.90% 2.91% 2.92% 3.05% 3.11%
4/22/2008 2.90% 2.91% 2.92% 3.04% 3.09%
4/21/2008 2.90% 2.91% 2.92% 3.02% 3.06%
4/18/2008 2.87% 2.89% 2.91% 3.02% 3.07%
4/17/2008 2.80% 2.81% 2.82% 2.88% 2.91%
4/16/2008 2.73% 2.73% 2.73% 2.76% 2.74%
4/15/2008 2.72% 2.72% 2.72% 2.72% 2.63%
4/14/2008 2.71% 2.71% 2.71% 2.69% 2.57%
4/11/2008 2.72% 2.71% 2.71% 2.71% 2.64%
4/10/2008 2.72% 2.71% 2.71% 2.68% 2.57%
4/9/2008 2.73% 2.72% 2.72% 2.70% 2.62%
4/8/2008 2.72% 2.72% 2.71% 2.68% 2.60%
4/7/2008 2.72% 2.72% 2.71% 2.68% 2.59%
4/4/2008 2.74% 2.73% 2.73% 2.72% 2.66%
4/3/2008 2.74% 2.73% 2.73% 2.72% 2.65%
4/2/2008 2.71% 2.70% 2.70% 2.67% 2.56%
4/1/2008 2.70% 2.69% 2.68% 2.62% 2.47%
3/31/2008 2.70% 2.70% 2.69% 2.61% 2.49%
3/28/2008 2.71% 2.70% 2.70% 2.63% 2.52%
3/27/2008 2.70% 2.70% 2.70% 2.63% 2.51%
3/26/2008 2.68% 2.67% 2.67% 2.63% 2.53%
3/25/2008 2.65% 2.65% 2.66% 2.63% 2.55%
3/19/2008 2.60% 2.60% 2.60% 2.50% 2.34%
3/18/2008 2.54% 2.54% 2.54% 2.38% 2.21%
3/17/2008 2.56% 2.57% 2.58% 2.37% 2.18%
3/14/2008 2.78% 2.77% 2.76% 2.67% 2.51%
3/13/2008 2.82% 2.80% 2.80% 2.70% 2.52%
3/12/2008 2.86% 2.86% 2.85% 2.79% 2.65%
3/11/2008 2.89% 2.88% 2.87% 2.74% 2.57%
3/10/2008 2.94% 2.92% 2.90% 2.78% 2.59%
3/7/2008 3.00% 2.98% 2.94% 2.78% 2.58%
3/6/2008 3.06% 3.03% 2.99% 2.89% 2.69%
3/5/2008 3.08% 3.04% 3.00% 2.89% 2.67%
3/4/2008 3.08% 3.04% 3.01% 2.88% 2.66%
3/3/2008 3.09% 3.04% 3.01% 2.86% 2.63%
2/29/2008 3.11% 3.07% 3.06% 2.93% 2.71%
2/28/2008 3.12% 3.08% 3.08% 2.97% 2.78%
2/27/2008 3.12% 3.10% 3.09% 3.02% 2.83%
2/26/2008 3.13% 3.10% 3.09% 3.06% 2.93%
2/25/2008 3.12% 3.10% 3.09% 3.06% 2.91%
2/22/2008 3.12% 3.09% 3.08% 3.00% 2.82%
2/21/2008 3.14% 3.10% 3.09% 3.07% 2.96%
2/20/2008 3.12% 3.09% 3.08% 3.02% 2.88%
2/19/2008 3.11% 3.08% 3.07% 2.98% 2.78%
2/18/2008 3.11% 3.08% 3.07% 2.98% 2.77%
2/15/2008 3.12% 3.09% 3.07% 2.97% 2.74%
2/14/2008 3.12% 3.09% 3.07% 2.96% 2.75%
2/13/2008 3.12% 3.09% 3.07% 2.95% 2.73%
2/12/2008 3.13% 3.10% 3.07% 2.96% 2.73%
2/11/2008 3.14% 3.10% 3.07% 2.96% 2.73%
2/8/2008 3.15% 3.12% 3.09% 2.99% 2.78%
2/7/2008 3.17% 3.13% 3.10% 2.98% 2.73%
2/6/2008 3.19% 3.15% 3.13% 3.00% 2.73%
2/5/2008 3.22% 3.18% 3.16% 3.11% 2.89%
2/4/2008 3.18% 3.16% 3.15% 3.10% 2.90%
2/1/2008 3.14% 3.11% 3.10% 3.02% 2.82%
1/31/2008 3.14% 3.13% 3.11% 3.04% 2.85%
1/30/2008 3.26% 3.25% 3.24% 3.19% 2.98%
1/29/2008 3.27% 3.26% 3.24% 3.18% 2.97%
1/28/2008 3.28% 3.27% 3.25% 3.18% 2.96%
1/25/2008 3.31% 3.31% 3.31% 3.30% 3.13%
1/24/2008 3.29% 3.27% 3.24% 3.15% 2.86%
1/23/2008 3.38% 3.35% 3.33% 3.16% 2.81%
1/22/2008 3.77% 3.75% 3.72% 3.49% 3.08%
1/21/2008 3.90% 3.88% 3.85% 3.67% 3.27%
1/18/2008 3.93% 3.92% 3.89% 3.75% 3.40%
1/17/2008 3.96% 3.95% 3.93% 3.81% 3.48%
1/16/2008 3.99% 3.97% 3.95% 3.79% 3.42%
1/15/2008 4.02% 4.01% 4.00% 3.83% 3.47%
1/10/2008 4.32% 4.35% 4.38% 4.19% 3.81%
1/9/2008 4.37% 4.42% 4.44% 4.26% 3.86%
1/8/2008 4.41% 4.47% 4.51% 4.33% 3.93%
1/4/2008 4.52% 4.58% 4.62% 4.47% 4.05%
1/3/2008 4.54% 4.60% 4.65% 4.47% 4.04%
1/2/2008 4.57% 4.64% 4.68% 4.57% 4.19%
2007

Libor a 1 mes Libor a 2 meses Libor a 3 meses Libor a 6 meses Libor a 12 meses
Fecha
12/28/2007 4.63% 4.68% 4.73% 4.65% 4.30%
12/27/2007 4.85% 4.84% 4.83% 4.72% 4.34%
12/26/2007 4.86% 4.85% 4.84% 4.72% 4.34%
12/24/2007 4.86% 4.85% 4.84% 4.72% 4.34%
12/21/2007 4.87% 4.86% 4.86% 4.73% 4.32%
12/20/2007 4.90% 4.90% 4.88% 4.75% 4.35%
12/19/2007 4.93% 4.92% 4.91% 4.78% 4.42%
12/18/2007 4.95% 4.94% 4.93% 4.83% 4.47%
12/17/2007 4.97% 4.96% 4.94% 4.85% 4.52%
12/14/2007 5.00% 4.98% 4.97% 4.85% 4.49%
12/13/2007 5.03% 5.01% 4.99% 4.83% 4.44%
12/12/2007 5.10% 5.09% 5.06% 4.93% 4.50%
12/11/2007 5.20% 5.13% 5.11% 4.96% 4.55%
12/10/2007 5.23% 5.16% 5.13% 4.97% 4.55%
12/7/2007 5.24% 5.16% 5.14% 4.93% 4.49%
12/6/2007 5.24% 5.17% 5.15% 4.90% 4.44%
12/5/2007 5.25% 5.17% 5.15% 4.90% 4.43%
12/4/2007 5.25% 5.17% 5.15% 4.91% 4.42%
12/3/2007 5.25% 5.16% 5.14% 4.90% 4.43%
11/30/2007 5.24% 5.15% 5.13% 4.91% 4.46%
11/29/2007 5.23% 5.14% 5.12% 4.91% 4.49%
11/28/2007 4.82% 5.09% 5.08% 4.91% 4.49%
11/27/2007 4.81% 5.07% 5.06% 4.86% 4.40%
11/26/2007 4.80% 5.06% 5.05% 4.89% 4.48%
11/23/2007 4.79% 5.05% 5.04% 4.86% 4.44%
11/22/2007 4.79% 5.04% 5.03% 4.86% 4.45%
11/21/2007 4.78% 5.02% 5.02% 4.85% 4.47%
11/20/2007 4.78% 5.00% 5.00% 4.86% 4.51%
11/19/2007 4.77% 4.98% 4.98% 4.85% 4.50%
11/16/2007 4.74% 4.95% 4.95% 4.81% 4.47%
11/15/2007 4.69% 4.91% 4.91% 4.79% 4.51%
11/14/2007 4.66% 4.88% 4.88% 4.78% 4.53%
11/13/2007 4.65% 4.87% 4.87% 4.74% 4.46%
11/9/2007 4.66% 4.88% 4.88% 4.76% 4.51%
11/8/2007 4.66% 4.89% 4.89% 4.80% 4.58%
11/7/2007 4.67% 4.90% 4.90% 4.84% 4.64%
11/6/2007 4.67% 4.90% 4.90% 4.85% 4.66%
11/2/2007 4.68% 4.87% 4.87% 4.79% 4.62%
11/1/2007 4.69% 4.88% 4.88% 4.85% 4.75%
10/31/2007 4.71% 4.90% 4.89% 4.81% 4.64%
10/30/2007 4.72% 4.91% 4.91% 4.82% 4.64%
10/29/2007 4.75% 4.80% 4.96% 4.83% 4.63%
10/26/2007 4.79% 4.85% 4.98% 4.83% 4.63%
10/25/2007 4.82% 4.89% 5.01% 4.84% 4.62%
10/24/2007 4.86% 4.95% 5.07% 4.90% 4.69%
10/23/2007 4.87% 4.97% 5.08% 4.94% 4.76%
10/22/2007 4.89% 4.99% 5.09% 4.93% 4.71%
10/19/2007 4.95% 5.05% 5.15% 5.01% 4.82%
10/18/2007 5.00% 5.08% 5.18% 5.08% 4.90%
10/17/2007 5.02% 5.10% 5.20% 5.11% 4.96%
10/16/2007 5.04% 5.11% 5.21% 5.13% 5.02%
10/12/2007 5.06% 5.13% 5.22% 5.14% 5.00%
10/11/2007 5.09% 5.16% 5.24% 5.21% 5.07%
10/10/2007 5.11% 5.16% 5.25% 5.22% 5.09%
10/9/2007 5.12% 5.16% 5.25% 5.21% 5.06%
10/8/2007 5.12% 5.17% 5.25% 5.22% 5.07%
10/5/2007 5.12% 5.17% 5.24% 5.18% 4.99%
10/4/2007 5.13% 5.17% 5.24% 5.18% 5.00%
10/3/2007 5.13% 5.17% 5.24% 5.17% 4.95%
10/2/2007 5.13% 5.17% 5.24% 5.16% 4.98%
10/1/2007 5.12% 5.17% 5.23% 5.15% 4.94%
9/28/2007 5.12% 5.17% 5.23% 5.13% 4.90%
9/27/2007 5.13% 5.17% 5.23% 5.14% 4.94%
9/26/2007 5.13% 5.17% 5.20% 5.14% 4.93%
9/25/2007 5.13% 5.17% 5.20% 5.14% 4.93%
9/24/2007 5.13% 5.17% 5.20% 5.11% 4.91%
9/21/2007 5.13% 5.17% 5.20% 5.10% 4.90%
9/20/2007 5.14% 5.18% 5.21% 5.07% 4.85%
9/19/2007 5.15% 5.19% 5.24% 5.11% 4.88%
9/18/2007 5.50% 5.55% 5.59% 5.42% 5.11%
9/17/2007 5.50% 5.57% 5.60% 5.42% 5.11%
9/14/2007 5.61% 5.63% 5.65% 5.46% 5.12%
9/13/2007 5.75% 5.72% 5.69% 5.51% 5.13%
9/12/2007 5.80% 5.73% 5.70% 5.52% 5.12%
9/11/2007 5.80% 5.73% 5.70% 5.49% 5.08%
9/10/2007 5.81% 5.73% 5.70% 5.48% 5.07%
9/7/2007 5.82% 5.75% 5.73% 5.57% 5.23%
9/6/2007 5.82% 5.75% 5.72% 5.56% 5.23%
9/5/2007 5.82% 5.75% 5.72% 5.60% 5.28%
9/4/2007 5.80% 5.73% 5.70% 5.56% 5.25%
9/3/2007 5.77% 5.70% 5.67% 5.55% 5.26%
8/31/2007 5.72% 5.66% 5.62% 5.54% 5.28%
8/30/2007 5.67% 5.61% 5.58% 5.46% 5.21%
8/29/2007 5.57% 5.55% 5.54% 5.43% 5.18%
8/28/2007 5.51% 5.51% 5.51% 5.43% 5.21%
8/27/2007 5.50% 5.51% 5.51% 5.41% 5.20%
8/23/2007 5.51% 5.51% 5.51% 5.43% 5.22%
8/22/2007 5.50% 5.50% 5.50% 5.37% 5.10%
8/21/2007 5.50% 5.50% 5.49% 5.33% 5.05%
8/20/2007 5.50% 5.50% 5.50% 5.35% 5.08%
8/17/2007 5.51% 5.51% 5.50% 5.36% 5.07%
8/16/2007 5.54% 5.52% 5.51% 5.38% 5.16%
8/15/2007 5.57% 5.54% 5.52% 5.39% 5.21%
8/14/2007 5.59% 5.55% 5.53% 5.40% 5.24%
8/13/2007 5.61% 5.58% 5.56% 5.40% 5.24%
8/10/2007 5.62% 5.59% 5.58% 5.40% 5.23%
8/9/2007 5.54% 5.51% 5.50% 5.39% 5.26%
8/8/2007 5.35% 5.36% 5.38% 5.34% 5.24%
8/7/2007 5.33% 5.35% 5.36% 5.28% 5.16%
8/6/2007 5.33% 5.34% 5.36% 5.26% 5.12%
8/3/2007 5.33% 5.35% 5.36% 5.31% 5.22%
8/2/2007 5.33% 5.35% 5.36% 5.32% 5.23%
8/1/2007 5.33% 5.34% 5.36% 5.30% 5.19%
7/31/2007 5.32% 5.34% 5.36% 5.33% 5.25%
7/30/2007 5.32% 5.34% 5.36% 5.31% 5.22%
7/27/2007 5.32% 5.34% 5.36% 5.33% 5.26%
7/26/2007 5.32% 5.34% 5.36% 5.37% 5.35%
7/25/2007 5.32% 5.34% 5.36% 5.37% 5.36%
7/24/2007 5.32% 5.34% 5.36% 5.37% 5.38%
7/23/2007 5.32% 5.34% 5.36% 5.37% 5.37%
7/20/2007 5.32% 5.34% 5.36% 5.38% 5.40%
7/19/2007 5.32% 5.34% 5.36% 5.38% 5.41%
7/18/2007 5.32% 5.34% 5.36% 5.38% 5.41%
7/17/2007 5.32% 5.34% 5.36% 5.39% 5.41%
7/16/2007 5.32% 5.34% 5.36% 5.39% 5.42%
7/13/2007 5.32% 5.34% 5.36% 5.39% 5.43%
7/12/2007 5.32% 5.34% 5.36% 5.39% 5.42%
7/11/2007 5.32% 5.34% 5.36% 5.38% 5.40%
7/10/2007 5.32% 5.34% 5.36% 5.39% 5.45%
7/9/2007 5.32% 5.34% 5.36% 5.40% 5.46%
7/6/2007 5.32% 5.34% 5.36% 5.39% 5.45%
7/5/2007 5.32% 5.34% 5.36% 5.39% 5.42%
7/4/2007 5.32% 5.34% 5.36% 5.38% 5.41%
7/3/2007 5.32% 5.34% 5.36% 5.38% 5.39%
7/2/2007 5.32% 5.34% 5.36% 5.38% 5.39%
6/29/2007 5.32% 5.34% 5.36% 5.39% 5.43%
6/28/2007 5.32% 5.34% 5.36% 5.38% 5.40%
6/27/2007 5.32% 5.34% 5.36% 5.38% 5.38%
6/26/2007 5.32% 5.34% 5.36% 5.38% 5.39%
6/25/2007 5.32% 5.34% 5.36% 5.38% 5.40%
6/22/2007 5.32% 5.34% 5.36% 5.39% 5.45%
6/21/2007 5.32% 5.34% 5.36% 5.39% 5.45%
6/20/2007 5.32% 5.34% 5.36% 5.39% 5.44%
6/19/2007 5.32% 5.34% 5.36% 5.40% 5.47%
6/18/2007 5.32% 5.34% 5.36% 5.40% 5.47%
6/15/2007 5.32% 5.34% 5.36% 5.41% 5.51%
6/14/2007 5.32% 5.34% 5.36% 5.41% 5.49%
6/13/2007 5.32% 5.34% 5.36% 5.41% 5.51%
6/12/2007 5.32% 5.34% 5.36% 5.40% 5.47%
6/11/2007 5.32% 5.34% 5.36% 5.40% 5.47%
6/8/2007 5.32% 5.34% 5.36% 5.40% 5.48%
6/7/2007 5.32% 5.34% 5.36% 5.39% 5.45%
6/6/2007 5.32% 5.34% 5.36% 5.40% 5.46%
6/5/2007 5.32% 5.34% 5.36% 5.39% 5.45%
6/4/2007 5.32% 5.34% 5.36% 5.39% 5.44%
6/1/2007 5.32% 5.34% 5.36% 5.39% 5.42%
5/31/2007 5.32% 5.34% 5.36% 5.38% 5.39%
5/30/2007 5.32% 5.34% 5.36% 5.38% 5.39%
5/29/2007 5.32% 5.34% 5.36% 5.38% 5.39%
5/25/2007 5.32% 5.34% 5.36% 5.38% 5.37%
5/24/2007 5.32% 5.34% 5.36% 5.38% 5.37%
5/23/2007 5.32% 5.34% 5.36% 5.38% 5.38%
5/22/2007 5.32% 5.34% 5.36% 5.37% 5.36%
5/21/2007 5.32% 5.34% 5.36% 5.38% 5.37%
5/18/2007 5.32% 5.34% 5.36% 5.37% 5.34%
5/17/2007 5.32% 5.34% 5.36% 5.36% 5.32%
5/16/2007 5.32% 5.34% 5.36% 5.36% 5.31%
5/15/2007 5.32% 5.34% 5.36% 5.37% 5.32%
5/14/2007 5.32% 5.34% 5.36% 5.37% 5.32%
5/11/2007 5.32% 5.34% 5.36% 5.36% 5.29%
5/10/2007 5.32% 5.34% 5.36% 5.37% 5.33%
5/9/2007 5.32% 5.34% 5.36% 5.36% 5.30%
5/8/2007 5.32% 5.34% 5.36% 5.36% 5.30%
5/4/2007 5.32% 5.34% 5.36% 5.37% 5.32%
5/3/2007 5.32% 5.34% 5.36% 5.36% 5.29%
5/2/2007 5.32% 5.34% 5.36% 5.36% 5.29%
5/1/2007 5.32% 5.34% 5.36% 5.35% 5.26%
4/30/2007 5.32% 5.34% 5.36% 5.36% 5.30%
4/27/2007 5.32% 5.34% 5.36% 5.36% 5.30%
4/26/2007 5.32% 5.34% 5.36% 5.36% 5.27%
4/25/2007 5.32% 5.34% 5.36% 5.35% 5.24%
4/24/2007 5.32% 5.34% 5.36% 5.35% 5.26%
4/23/2007 5.32% 5.34% 5.36% 5.36% 5.28%
4/20/2007 5.32% 5.34% 5.36% 5.35% 5.27%
4/19/2007 5.32% 5.34% 5.36% 5.35% 5.25%
4/18/2007 5.32% 5.34% 5.36% 5.36% 5.29%
4/17/2007 5.32% 5.34% 5.36% 5.37% 5.34%
4/16/2007 5.32% 5.34% 5.36% 5.37% 5.35%
4/13/2007 5.32% 5.34% 5.36% 5.37% 5.33%
4/12/2007 5.32% 5.34% 5.36% 5.37% 5.32%
4/11/2007 5.32% 5.34% 5.36% 5.36% 5.31%
4/10/2007 5.32% 5.34% 5.36% 5.36% 5.32%
4/5/2007 5.32% 5.34% 5.35% 5.33% 5.23%
4/4/2007 5.32% 5.34% 5.35% 5.34% 5.24%
4/3/2007 5.32% 5.34% 5.35% 5.33% 5.23%
4/2/2007 5.32% 5.34% 5.35% 5.33% 5.22%
3/30/2007 5.32% 5.34% 5.35% 5.33% 5.22%
3/29/2007 5.32% 5.34% 5.35% 5.32% 5.20%
3/28/2007 5.32% 5.34% 5.35% 5.32% 5.21%
3/27/2007 5.32% 5.34% 5.35% 5.33% 5.21%
3/26/2007 5.32% 5.34% 5.35% 5.33% 5.23%
3/23/2007 5.32% 5.34% 5.35% 5.32% 5.21%
3/22/2007 5.32% 5.34% 5.35% 5.31% 5.18%
3/21/2007 5.32% 5.34% 5.35% 5.34% 5.24%
3/20/2007 5.32% 5.34% 5.35% 5.34% 5.24%
3/19/2007 5.32% 5.34% 5.35% 5.34% 5.23%
3/16/2007 5.32% 5.34% 5.35% 5.32% 5.20%
3/15/2007 5.32% 5.34% 5.35% 5.31% 5.19%
3/14/2007 5.32% 5.34% 5.35% 5.30% 5.14%
3/13/2007 5.32% 5.34% 5.35% 5.33% 5.22%
3/12/2007 5.32% 5.34% 5.36% 5.34% 5.27%
3/9/2007 5.32% 5.33% 5.34% 5.30% 5.17%
3/8/2007 5.32% 5.33% 5.34% 5.29% 5.15%
3/7/2007 5.32% 5.33% 5.34% 5.29% 5.17%
3/6/2007 5.32% 5.33% 5.34% 5.30% 5.18%
3/5/2007 5.32% 5.33% 5.33% 5.26% 5.12%
3/2/2007 5.32% 5.34% 5.35% 5.32% 5.21%
3/1/2007 5.32% 5.34% 5.35% 5.33% 5.23%
2/28/2007 5.32% 5.34% 5.35% 5.33% 5.24%
2/27/2007 5.32% 5.35% 5.36% 5.37% 5.33%
2/26/2007 5.32% 5.35% 5.36% 5.38% 5.35%
2/23/2007 5.32% 5.35% 5.36% 5.39% 5.39%
2/22/2007 5.32% 5.35% 5.36% 5.39% 5.37%
2/21/2007 5.32% 5.35% 5.36% 5.38% 5.35%
2/20/2007 5.32% 5.35% 5.36% 5.39% 5.37%
2/19/2007 5.32% 5.35% 5.36% 5.39% 5.37%
2/16/2007 5.32% 5.35% 5.36% 5.39% 5.36%
2/15/2007 5.32% 5.35% 5.36% 5.39% 5.39%
2/14/2007 5.32% 5.35% 5.36% 5.40% 5.42%
2/13/2007 5.32% 5.35% 5.36% 5.40% 5.42%
2/12/2007 5.32% 5.35% 5.36% 5.40% 5.42%
2/9/2007 5.32% 5.35% 5.36% 5.40% 5.40%
2/8/2007 5.32% 5.35% 5.36% 5.40% 5.40%
2/7/2007 5.32% 5.35% 5.36% 5.40% 5.40%
2/6/2007 5.32% 5.35% 5.36% 5.40% 5.41%
2/5/2007 5.32% 5.35% 5.36% 5.40% 5.41%
2/2/2007 5.32% 5.35% 5.36% 5.40% 5.43%
2/1/2007 5.32% 5.35% 5.36% 5.40% 5.41%
1/31/2007 5.32% 5.35% 5.36% 5.40% 5.43%
1/30/2007 5.32% 5.35% 5.36% 5.40% 5.44%
1/29/2007 5.32% 5.35% 5.36% 5.40% 5.43%
1/26/2007 5.32% 5.35% 5.36% 5.40% 5.44%
1/25/2007 5.32% 5.34% 5.36% 5.40% 5.42%
1/24/2007 5.32% 5.35% 5.36% 5.40% 5.42%
1/23/2007 5.32% 5.34% 5.36% 5.39% 5.40%
1/22/2007 5.32% 5.34% 5.36% 5.39% 5.41%
1/19/2007 5.32% 5.34% 5.36% 5.39% 5.39%
1/18/2007 5.32% 5.35% 5.36% 5.39% 5.40%
1/17/2007 5.32% 5.34% 5.36% 5.39% 5.37%
1/16/2007 5.32% 5.34% 5.36% 5.39% 5.38%
1/15/2007 5.32% 5.35% 5.36% 5.39% 5.38%
1/12/2007 5.32% 5.35% 5.36% 5.38% 5.37%
1/11/2007 5.32% 5.35% 5.36% 5.38% 5.34%
1/10/2007 5.32% 5.35% 5.36% 5.37% 5.32%
1/9/2007 5.32% 5.35% 5.36% 5.38% 5.33%
1/8/2007 5.32% 5.35% 5.36% 5.37% 5.31%
1/5/2007 5.32% 5.35% 5.36% 5.35% 5.25%
1/4/2007 5.32% 5.35% 5.36% 5.36% 5.29%
1/3/2007 5.32% 5.35% 5.36% 5.37% 5.31%
1/2/2007 5.32% 5.35% 5.36% 5.37% 5.34%
Fuente: British Banking Association.
Tasas de captación semanales - DTF, CDT 180 días, CDT 360 días y TCC

Serie histórica

Información disponible a partir de enero de 1984 para DTF y TCC, y para CDT 180 y CDT 360 desde julio de 1993

Vigencia desde Vigencia hasta


5/12/2014 5/18/2014
5/5/2014 5/11/2014
4/28/2014 5/4/2014
4/21/2014 4/27/2014
4/14/2014 4/20/2014
4/7/2014 4/13/2014
3/31/2014 4/6/2014
3/24/2014 3/30/2014
3/17/2014 3/23/2014
3/10/2014 3/16/2014
3/3/2014 3/9/2014
2/24/2014 3/2/2014
2/17/2014 2/23/2014
2/10/2014 2/16/2014
2/3/2014 2/9/2014
1/27/2014 2/2/2014
1/20/2014 1/26/2014
1/13/2014 1/19/2014
1/6/2014 1/12/2014
12/30/2013 1/5/2014
12/23/2013 12/29/2013
12/16/2013 12/22/2013
12/9/2013 12/15/2013
12/2/2013 12/8/2013
11/25/2013 12/1/2013
11/18/2013 11/24/2013
11/11/2013 11/17/2013
11/4/2013 11/10/2013
10/28/2013 11/3/2013
10/21/2013 10/27/2013
10/14/2013 10/20/2013
10/7/2013 10/13/2013
9/30/2013 10/6/2013
9/23/2013 9/29/2013
9/16/2013 9/22/2013
9/9/2013 9/15/2013
9/2/2013 9/8/2013
8/26/2013 9/1/2013
8/19/2013 8/25/2013
8/12/2013 8/18/2013
8/5/2013 8/11/2013
7/29/2013 8/4/2013
7/22/2013 7/28/2013
7/15/2013 7/21/2013
7/8/2013 7/14/2013
7/1/2013 7/7/2013
6/24/2013 6/30/2013
6/17/2013 6/23/2013
6/10/2013 6/16/2013
6/3/2013 6/9/2013
5/27/2013 6/2/2013
5/20/2013 5/26/2013
5/13/2013 5/19/2013
5/6/2013 5/12/2013
4/29/2013 5/5/2013
4/22/2013 4/28/2013
4/15/2013 4/21/2013
4/8/2013 4/14/2013
4/1/2013 4/7/2013
3/25/2013 3/31/2013
3/18/2013 3/24/2013
3/11/2013 3/17/2013
3/4/2013 3/10/2013
2/25/2013 3/3/2013
2/18/2013 2/24/2013
2/11/2013 2/17/2013
2/4/2013 2/10/2013
1/28/2013 2/3/2013
1/21/2013 1/27/2013
1/14/2013 1/20/2013
1/7/2013 1/13/2013
12/31/2012 1/6/2013
12/24/2012 12/30/2012
12/17/2012 12/23/2012
12/10/2012 12/16/2012
12/3/2012 12/9/2012
11/26/2012 12/2/2012
11/19/2012 11/25/2012
11/12/2012 11/18/2012
11/5/2012 11/11/2012
10/29/2012 11/4/2012
10/22/2012 10/28/2012
10/15/2012 10/21/2012
10/8/2012 10/14/2012
10/1/2012 10/7/2012
9/24/2012 9/30/2012
9/17/2012 9/23/2012
9/10/2012 9/16/2012
9/3/2012 9/9/2012
8/27/2012 9/2/2012
8/20/2012 8/26/2012
8/13/2012 8/19/2012
8/6/2012 8/12/2012
7/30/2012 8/5/2012
7/23/2012 7/29/2012
7/16/2012 7/22/2012
7/9/2012 7/15/2012
7/2/2012 7/8/2012
6/25/2012 7/1/2012
6/18/2012 6/24/2012
6/11/2012 6/17/2012
6/4/2012 6/10/2012
5/28/2012 6/3/2012
5/21/2012 5/27/2012
5/14/2012 5/20/2012
5/7/2012 5/13/2012
4/30/2012 5/6/2012
4/23/2012 4/29/2012
4/16/2012 4/22/2012
4/9/2012 4/15/2012
4/2/2012 4/8/2012
3/26/2012 4/1/2012
3/19/2012 3/25/2012
3/12/2012 3/18/2012
3/5/2012 3/11/2012
2/27/2012 3/4/2012
2/20/2012 2/26/2012
2/13/2012 2/19/2012
2/6/2012 2/12/2012
1/30/2012 2/5/2012
1/23/2012 1/29/2012
1/16/2012 1/22/2012
1/9/2012 1/15/2012
1/2/2012 1/8/2012
12/26/2011 1/1/2012
12/19/2011 12/25/2011
12/12/2011 12/18/2011
12/5/2011 12/11/2011
11/28/2011 12/4/2011
11/21/2011 11/27/2011
11/14/2011 11/20/2011
11/7/2011 11/13/2011
10/31/2011 11/6/2011
10/24/2011 10/30/2011
10/17/2011 10/23/2011
10/10/2011 10/16/2011
10/3/2011 10/9/2011
9/26/2011 10/2/2011
9/19/2011 9/25/2011
9/12/2011 9/18/2011
9/5/2011 9/11/2011
8/29/2011 9/4/2011
8/22/2011 8/28/2011
8/15/2011 8/21/2011
8/8/2011 8/14/2011
8/1/2011 8/7/2011
7/25/2011 7/31/2011
7/18/2011 7/24/2011
7/11/2011 7/17/2011
7/4/2011 7/10/2011
6/27/2011 7/3/2011
6/20/2011 6/26/2011
6/13/2011 6/19/2011
6/6/2011 6/12/2011
5/30/2011 6/5/2011
5/23/2011 5/29/2011
5/16/2011 5/22/2011
5/9/2011 5/15/2011
5/2/2011 5/8/2011
4/25/2011 5/1/2011
4/18/2011 4/24/2011
4/11/2011 4/17/2011
4/4/2011 4/10/2011
3/28/2011 4/3/2011
3/21/2011 3/27/2011
3/14/2011 3/20/2011
3/7/2011 3/13/2011
2/28/2011 3/6/2011
2/21/2011 2/27/2011
2/14/2011 2/20/2011
2/7/2011 2/13/2011
1/31/2011 2/6/2011
1/24/2011 1/30/2011
1/17/2011 1/23/2011
1/10/2011 1/16/2011
1/3/2011 1/9/2011
12/27/2010 1/2/2011
12/20/2010 12/26/2010
12/13/2010 12/19/2010
12/6/2010 12/12/2010
11/29/2010 12/5/2010
11/22/2010 11/28/2010
11/15/2010 11/21/2010
11/8/2010 11/14/2010
11/1/2010 11/7/2010
10/25/2010 10/31/2010
10/18/2010 10/24/2010
10/11/2010 10/17/2010
10/4/2010 10/10/2010
9/27/2010 10/3/2010
9/20/2010 9/26/2010
9/13/2010 9/19/2010
9/6/2010 9/12/2010
8/30/2010 9/5/2010
8/23/2010 8/29/2010
8/16/2010 8/22/2010
8/9/2010 8/15/2010
8/2/2010 8/8/2010
7/26/2010 8/1/2010
7/19/2010 7/25/2010
7/12/2010 7/18/2010
7/5/2010 7/11/2010
6/28/2010 7/4/2010
6/21/2010 6/27/2010
6/14/2010 6/20/2010
6/7/2010 6/13/2010
5/31/2010 6/6/2010
5/24/2010 5/30/2010
5/17/2010 5/23/2010
5/10/2010 5/16/2010
5/3/2010 5/9/2010
4/26/2010 5/2/2010
4/19/2010 4/25/2010
4/12/2010 4/18/2010
4/5/2010 4/11/2010
3/29/2010 4/4/2010
3/22/2010 3/28/2010
3/15/2010 3/21/2010
3/8/2010 3/14/2010
3/1/2010 3/7/2010
2/22/2010 2/28/2010
2/15/2010 2/21/2010
2/8/2010 2/14/2010
2/1/2010 2/7/2010
1/25/2010 1/31/2010
1/18/2010 1/24/2010
1/11/2010 1/17/2010
1/4/2010 1/10/2010
12/28/2009 1/3/2010
12/21/2009 12/27/2009
12/14/2009 12/20/2009
12/7/2009 12/13/2009
11/30/2009 12/6/2009
11/23/2009 11/29/2009
11/16/2009 11/22/2009
11/9/2009 11/15/2009
11/2/2009 11/8/2009
10/26/2009 11/1/2009
10/19/2009 10/25/2009
10/12/2009 10/18/2009
10/5/2009 10/11/2009
9/28/2009 10/4/2009
9/21/2009 9/27/2009
9/14/2009 9/20/2009
9/7/2009 9/13/2009
8/31/2009 9/6/2009
8/24/2009 8/30/2009
8/17/2009 8/23/2009
8/10/2009 8/16/2009
8/3/2009 8/9/2009
7/27/2009 8/2/2009
7/20/2009 7/26/2009
7/13/2009 7/19/2009
7/6/2009 7/12/2009
6/29/2009 7/5/2009
6/22/2009 6/28/2009
6/15/2009 6/21/2009
6/8/2009 6/14/2009
6/1/2009 6/7/2009
5/25/2009 5/31/2009
5/18/2009 5/24/2009
5/11/2009 5/17/2009
5/4/2009 5/10/2009
4/27/2009 5/3/2009
4/20/2009 4/26/2009
4/13/2009 4/19/2009
4/6/2009 4/12/2009
3/30/2009 4/5/2009
3/23/2009 3/29/2009
3/16/2009 3/22/2009
3/9/2009 3/15/2009
3/2/2009 3/8/2009
2/23/2009 3/1/2009
2/16/2009 2/22/2009
2/9/2009 2/15/2009
2/2/2009 2/8/2009
1/26/2009 2/1/2009
1/19/2009 1/25/2009
1/12/2009 1/18/2009
1/5/2009 1/11/2009
12/29/2008 1/4/2009
12/22/2008 12/28/2008
12/15/2008 12/21/2008
12/8/2008 12/14/2008
12/1/2008 12/7/2008
11/24/2008 11/30/2008
11/17/2008 11/23/2008
11/10/2008 11/16/2008
11/3/2008 11/9/2008
10/27/2008 11/2/2008
10/20/2008 10/26/2008
10/13/2008 10/19/2008
10/6/2008 10/12/2008
9/29/2008 10/5/2008
9/22/2008 9/28/2008
9/15/2008 9/21/2008
9/8/2008 9/14/2008
9/1/2008 9/7/2008
8/25/2008 8/31/2008
8/18/2008 8/24/2008
8/11/2008 8/17/2008
8/4/2008 8/10/2008
7/28/2008 8/3/2008
7/21/2008 7/27/2008
7/14/2008 7/20/2008
7/7/2008 7/13/2008
6/30/2008 7/6/2008
6/23/2008 6/29/2008
6/16/2008 6/22/2008
6/9/2008 6/15/2008
6/2/2008 6/8/2008
5/26/2008 6/1/2008
5/19/2008 5/25/2008
5/12/2008 5/18/2008
5/5/2008 5/11/2008
4/28/2008 5/4/2008
4/21/2008 4/27/2008
4/14/2008 4/20/2008
4/7/2008 4/13/2008
3/31/2008 4/6/2008
3/24/2008 3/30/2008
3/17/2008 3/23/2008
3/10/2008 3/16/2008
3/3/2008 3/9/2008
2/25/2008 3/2/2008
2/18/2008 2/24/2008
2/11/2008 2/17/2008
2/4/2008 2/10/2008
1/28/2008 2/3/2008
1/21/2008 1/27/2008
1/14/2008 1/20/2008
1/7/2008 1/13/2008
12/31/2007 1/6/2008
12/24/2007 12/30/2007
12/17/2007 12/23/2007
12/10/2007 12/16/2007
12/3/2007 12/9/2007
11/26/2007 12/2/2007
11/19/2007 11/25/2007
11/12/2007 11/18/2007
11/5/2007 11/11/2007
10/29/2007 11/4/2007
10/22/2007 10/28/2007
10/15/2007 10/21/2007
10/8/2007 10/14/2007
10/1/2007 10/7/2007
9/24/2007 9/30/2007
9/17/2007 9/23/2007
9/10/2007 9/16/2007
9/3/2007 9/9/2007
8/27/2007 9/2/2007
8/20/2007 8/26/2007
8/13/2007 8/19/2007
8/6/2007 8/12/2007
7/30/2007 8/5/2007
7/23/2007 7/29/2007
7/16/2007 7/22/2007
7/9/2007 7/15/2007
7/2/2007 7/8/2007
6/25/2007 7/1/2007
6/18/2007 6/24/2007
6/11/2007 6/17/2007
6/4/2007 6/10/2007
5/28/2007 6/3/2007
5/21/2007 5/27/2007
5/14/2007 5/20/2007
5/7/2007 5/13/2007
4/30/2007 5/6/2007
4/23/2007 4/29/2007
4/16/2007 4/22/2007
4/9/2007 4/15/2007
4/2/2007 4/8/2007
3/26/2007 4/1/2007
3/19/2007 3/25/2007
3/12/2007 3/18/2007
3/5/2007 3/11/2007
2/26/2007 3/4/2007
2/19/2007 2/25/2007
2/12/2007 2/18/2007
2/5/2007 2/11/2007
1/29/2007 2/4/2007
1/22/2007 1/28/2007
1/15/2007 1/21/2007
1/8/2007 1/14/2007
1/1/2007 1/7/2007
12/25/2006 12/31/2006
12/18/2006 12/24/2006
12/11/2006 12/17/2006
12/4/2006 12/10/2006
11/27/2006 12/3/2006
11/20/2006 11/26/2006
11/13/2006 11/19/2006
11/6/2006 11/12/2006
10/30/2006 11/5/2006
10/23/2006 10/29/2006
10/16/2006 10/22/2006
10/9/2006 10/15/2006
10/2/2006 10/8/2006
9/25/2006 10/1/2006
9/18/2006 9/24/2006
9/11/2006 9/17/2006
9/4/2006 9/10/2006
8/28/2006 9/3/2006
8/21/2006 8/27/2006
8/14/2006 8/20/2006
8/7/2006 8/13/2006
7/31/2006 8/6/2006
7/24/2006 7/30/2006
7/17/2006 7/23/2006
7/10/2006 7/16/2006
7/3/2006 7/9/2006
6/26/2006 7/2/2006
6/19/2006 6/25/2006
6/12/2006 6/18/2006
6/5/2006 6/11/2006
5/29/2006 6/4/2006
5/22/2006 5/28/2006
5/15/2006 5/21/2006
5/8/2006 5/14/2006
5/1/2006 5/7/2006
4/24/2006 4/30/2006
4/17/2006 4/23/2006
4/10/2006 4/16/2006
4/3/2006 4/9/2006
3/27/2006 4/2/2006
3/20/2006 3/26/2006
3/13/2006 3/19/2006
3/6/2006 3/12/2006
2/27/2006 3/5/2006
2/20/2006 2/26/2006
2/13/2006 2/19/2006
2/6/2006 2/12/2006
1/30/2006 2/5/2006
1/23/2006 1/29/2006
1/16/2006 1/22/2006
1/9/2006 1/15/2006
1/2/2006 1/8/2006
12/26/2005 1/1/2006
12/19/2005 12/25/2005
12/12/2005 12/18/2005
12/5/2005 12/11/2005
11/28/2005 12/4/2005
11/21/2005 11/27/2005
11/14/2005 11/20/2005
11/7/2005 11/13/2005
10/31/2005 11/6/2005
10/24/2005 10/30/2005
10/17/2005 10/23/2005
10/10/2005 10/16/2005
10/3/2005 10/9/2005
9/26/2005 10/2/2005
9/19/2005 9/25/2005
9/12/2005 9/18/2005
9/5/2005 9/11/2005
8/29/2005 9/4/2005
8/22/2005 8/28/2005
8/15/2005 8/21/2005
8/8/2005 8/14/2005
8/1/2005 8/7/2005
7/25/2005 7/31/2005
7/18/2005 7/24/2005
7/11/2005 7/17/2005
7/4/2005 7/10/2005
6/27/2005 7/3/2005
6/20/2005 6/26/2005
6/13/2005 6/19/2005
6/6/2005 6/12/2005
5/30/2005 6/5/2005
5/23/2005 5/29/2005
5/16/2005 5/22/2005
5/9/2005 5/15/2005
5/2/2005 5/8/2005
4/25/2005 5/1/2005
4/18/2005 4/24/2005
4/11/2005 4/17/2005
4/4/2005 4/10/2005
3/28/2005 4/3/2005
3/21/2005 3/27/2005
3/14/2005 3/20/2005
3/7/2005 3/13/2005
2/28/2005 3/6/2005
2/21/2005 2/27/2005
2/14/2005 2/20/2005
2/7/2005 2/13/2005
1/31/2005 2/6/2005
1/24/2005 1/30/2005
1/17/2005 1/23/2005
1/10/2005 1/16/2005
1/3/2005 1/9/2005
12/27/2004 1/2/2005
12/20/2004 12/26/2004
12/13/2004 12/19/2004
12/6/2004 12/12/2004
11/29/2004 12/5/2004
11/22/2004 11/28/2004
11/15/2004 11/21/2004
11/8/2004 11/14/2004
11/1/2004 11/7/2004
10/25/2004 10/31/2004
10/18/2004 10/24/2004
10/11/2004 10/17/2004
10/4/2004 10/10/2004
9/27/2004 10/3/2004
9/20/2004 9/26/2004
9/13/2004 9/19/2004
9/6/2004 9/12/2004
8/30/2004 9/5/2004
8/23/2004 8/29/2004
8/16/2004 8/22/2004
8/9/2004 8/15/2004
8/2/2004 8/8/2004
7/26/2004 8/1/2004
7/19/2004 7/25/2004
7/12/2004 7/18/2004
7/5/2004 7/11/2004
6/28/2004 7/4/2004
6/21/2004 6/27/2004
6/14/2004 6/20/2004
6/7/2004 6/13/2004
5/31/2004 6/6/2004
5/24/2004 5/30/2004
5/17/2004 5/23/2004
5/10/2004 5/16/2004
5/3/2004 5/9/2004
4/26/2004 5/2/2004
4/19/2004 4/25/2004
4/12/2004 4/18/2004
4/5/2004 4/11/2004
3/29/2004 4/4/2004
3/22/2004 3/28/2004
3/15/2004 3/21/2004
3/8/2004 3/14/2004
3/1/2004 3/7/2004
2/23/2004 2/29/2004
2/16/2004 2/22/2004
2/9/2004 2/15/2004
2/2/2004 2/8/2004
1/26/2004 2/1/2004
1/19/2004 1/25/2004
1/12/2004 1/18/2004
1/5/2004 1/11/2004
12/29/2003 1/4/2004
12/22/2003 12/28/2003
12/15/2003 12/21/2003
12/8/2003 12/14/2003
12/1/2003 12/7/2003
11/24/2003 11/30/2003
11/17/2003 11/23/2003
11/10/2003 11/16/2003
11/3/2003 11/9/2003
10/27/2003 11/2/2003
10/20/2003 10/26/2003
10/13/2003 10/19/2003
10/6/2003 10/12/2003
9/29/2003 10/5/2003
9/22/2003 9/28/2003
9/15/2003 9/21/2003
9/8/2003 9/14/2003
9/1/2003 9/7/2003
8/25/2003 8/31/2003
8/18/2003 8/24/2003
8/11/2003 8/17/2003
8/4/2003 8/10/2003
7/28/2003 8/3/2003
7/21/2003 7/27/2003
7/14/2003 7/20/2003
7/7/2003 7/13/2003
6/30/2003 7/6/2003
6/23/2003 6/29/2003
6/16/2003 6/22/2003
6/9/2003 6/15/2003
6/2/2003 6/8/2003
5/26/2003 6/1/2003
5/19/2003 5/25/2003
5/12/2003 5/18/2003
5/5/2003 5/11/2003
4/28/2003 5/4/2003
4/21/2003 4/27/2003
4/14/2003 4/20/2003
4/7/2003 4/13/2003
3/31/2003 4/6/2003
3/24/2003 3/30/2003
3/17/2003 3/23/2003
3/10/2003 3/16/2003
3/3/2003 3/9/2003
2/24/2003 3/2/2003
2/17/2003 2/23/2003
2/10/2003 2/16/2003
2/3/2003 2/9/2003
1/27/2003 2/2/2003
1/20/2003 1/26/2003
1/13/2003 1/19/2003
1/6/2003 1/12/2003
12/30/2002 1/5/2003
12/23/2002 12/29/2002
12/16/2002 12/22/2002
12/9/2002 12/15/2002
12/2/2002 12/8/2002
11/25/2002 12/1/2002
11/18/2002 11/24/2002
11/11/2002 11/17/2002
11/4/2002 11/10/2002
10/28/2002 11/3/2002
10/21/2002 10/27/2002
10/14/2002 10/20/2002
10/7/2002 10/13/2002
9/30/2002 10/6/2002
9/23/2002 9/29/2002
9/16/2002 9/22/2002
9/9/2002 9/15/2002
9/2/2002 9/8/2002
8/26/2002 9/1/2002
8/19/2002 8/25/2002
8/12/2002 8/18/2002
8/5/2002 8/11/2002
7/29/2002 8/4/2002
7/22/2002 7/28/2002
7/15/2002 7/21/2002
7/8/2002 7/14/2002
7/1/2002 7/7/2002
6/24/2002 6/30/2002
6/17/2002 6/23/2002
6/10/2002 6/16/2002
6/3/2002 6/9/2002
5/27/2002 6/2/2002
5/20/2002 5/26/2002
5/13/2002 5/19/2002
5/6/2002 5/12/2002
4/29/2002 5/5/2002
4/22/2002 4/28/2002
4/15/2002 4/21/2002
4/8/2002 4/14/2002
4/1/2002 4/7/2002
3/25/2002 3/31/2002
3/18/2002 3/24/2002
3/11/2002 3/17/2002
3/4/2002 3/10/2002
2/25/2002 3/3/2002
2/18/2002 2/24/2002
2/11/2002 2/17/2002
2/4/2002 2/10/2002
1/28/2002 2/3/2002
1/21/2002 1/27/2002
1/14/2002 1/20/2002
1/7/2002 1/13/2002
12/31/2001 1/6/2002
12/24/2001 12/30/2001
12/17/2001 12/23/2001
12/10/2001 12/16/2001
12/3/2001 12/9/2001
11/26/2001 12/2/2001
11/19/2001 11/25/2001
11/12/2001 11/18/2001
11/5/2001 11/11/2001
10/29/2001 11/4/2001
10/22/2001 10/28/2001
10/15/2001 10/21/2001
10/8/2001 10/14/2001
10/1/2001 10/7/2001
9/24/2001 9/30/2001
9/17/2001 9/23/2001
9/10/2001 9/16/2001
9/3/2001 9/9/2001
8/27/2001 9/2/2001
8/20/2001 8/26/2001
8/13/2001 8/19/2001
8/6/2001 8/12/2001
7/30/2001 8/5/2001
7/23/2001 7/29/2001
7/16/2001 7/22/2001
7/9/2001 7/15/2001
7/2/2001 7/8/2001
6/25/2001 7/1/2001
6/18/2001 6/24/2001
6/11/2001 6/17/2001
6/4/2001 6/10/2001
5/28/2001 6/3/2001
5/21/2001 5/27/2001
5/14/2001 5/20/2001
5/7/2001 5/13/2001
4/30/2001 5/6/2001
4/23/2001 4/29/2001
4/16/2001 4/22/2001
4/9/2001 4/15/2001
4/2/2001 4/8/2001
3/26/2001 4/1/2001
3/19/2001 3/25/2001
3/12/2001 3/18/2001
3/5/2001 3/11/2001
2/26/2001 3/4/2001
2/19/2001 2/25/2001
2/12/2001 2/18/2001
2/5/2001 2/11/2001
1/29/2001 2/4/2001
1/22/2001 1/28/2001
1/15/2001 1/21/2001
1/8/2001 1/14/2001
1/1/2001 1/7/2001
12/25/2000 12/31/2000
12/18/2000 12/24/2000
12/11/2000 12/17/2000
12/4/2000 12/10/2000
11/27/2000 12/3/2000
11/20/2000 11/26/2000
11/13/2000 11/19/2000
11/6/2000 11/12/2000
10/30/2000 11/5/2000
10/23/2000 10/29/2000
10/16/2000 10/22/2000
10/9/2000 10/15/2000
10/2/2000 10/8/2000
9/25/2000 10/1/2000
9/18/2000 9/24/2000
9/11/2000 9/17/2000
9/4/2000 9/10/2000
8/28/2000 9/3/2000
8/21/2000 8/27/2000
8/14/2000 8/20/2000
8/7/2000 8/13/2000
7/31/2000 8/6/2000
7/24/2000 7/30/2000
7/17/2000 7/23/2000
7/10/2000 7/16/2000
7/3/2000 7/9/2000
6/26/2000 7/2/2000
6/19/2000 6/25/2000
6/12/2000 6/18/2000
6/5/2000 6/11/2000
5/29/2000 6/4/2000
5/22/2000 5/28/2000
5/15/2000 5/21/2000
5/8/2000 5/14/2000
5/1/2000 5/7/2000
4/24/2000 4/30/2000
4/17/2000 4/23/2000
4/10/2000 4/16/2000
4/3/2000 4/9/2000
3/27/2000 4/2/2000
3/20/2000 3/26/2000
3/13/2000 3/19/2000
3/6/2000 3/12/2000
2/28/2000 3/5/2000
2/21/2000 2/27/2000
2/14/2000 2/20/2000
2/7/2000 2/13/2000
1/31/2000 2/6/2000
1/24/2000 1/30/2000
1/17/2000 1/23/2000
1/10/2000 1/16/2000
1/3/2000 1/9/2000
12/27/1999 1/2/2000
12/20/1999 12/26/1999
12/13/1999 12/19/1999
12/6/1999 12/12/1999
11/29/1999 12/5/1999
11/22/1999 11/28/1999
11/15/1999 11/21/1999
11/8/1999 11/14/1999
11/1/1999 11/7/1999
10/25/1999 10/31/1999
10/18/1999 10/24/1999
10/11/1999 10/17/1999
10/4/1999 10/10/1999
9/27/1999 10/3/1999
9/20/1999 9/26/1999
9/13/1999 9/19/1999
9/6/1999 9/12/1999
8/30/1999 9/5/1999
8/23/1999 8/29/1999
8/16/1999 8/22/1999
8/9/1999 8/15/1999
8/2/1999 8/8/1999
7/26/1999 8/1/1999
7/19/1999 7/25/1999
7/12/1999 7/18/1999
7/5/1999 7/11/1999
6/28/1999 7/4/1999
6/21/1999 6/27/1999
6/14/1999 6/20/1999
6/7/1999 6/13/1999
5/31/1999 6/6/1999
5/24/1999 5/30/1999
5/17/1999 5/23/1999
5/10/1999 5/16/1999
5/3/1999 5/9/1999
4/26/1999 5/2/1999
4/19/1999 4/25/1999
4/12/1999 4/18/1999
4/5/1999 4/11/1999
3/29/1999 4/4/1999
3/22/1999 3/28/1999
3/15/1999 3/21/1999
3/8/1999 3/14/1999
3/1/1999 3/7/1999
2/22/1999 2/28/1999
2/15/1999 2/21/1999
2/8/1999 2/14/1999
2/1/1999 2/7/1999
1/25/1999 1/31/1999
1/18/1999 1/24/1999
1/11/1999 1/17/1999
1/4/1999 1/10/1999
12/28/1998 1/3/1999
12/21/1998 12/27/1998
12/14/1998 12/20/1998
12/7/1998 12/13/1998
11/30/1998 12/6/1998
11/23/1998 11/29/1998
11/16/1998 11/22/1998
11/9/1998 11/15/1998
11/2/1998 11/8/1998
10/26/1998 11/1/1998
10/19/1998 10/25/1998
10/12/1998 10/18/1998
10/5/1998 10/11/1998
9/28/1998 10/4/1998
9/21/1998 9/27/1998
9/14/1998 9/20/1998
9/7/1998 9/13/1998
8/31/1998 9/6/1998
8/24/1998 8/30/1998
8/17/1998 8/23/1998
8/10/1998 8/16/1998
8/3/1998 8/9/1998
7/27/1998 8/2/1998
7/20/1998 7/26/1998
7/13/1998 7/19/1998
7/6/1998 7/12/1998
6/29/1998 7/5/1998
6/22/1998 6/28/1998
6/15/1998 6/21/1998
6/8/1998 6/14/1998
6/1/1998 6/7/1998
5/25/1998 5/31/1998
5/18/1998 5/24/1998
5/11/1998 5/17/1998
5/4/1998 5/10/1998
4/27/1998 5/3/1998
4/20/1998 4/26/1998
4/13/1998 4/19/1998
4/6/1998 4/12/1998
3/30/1998 4/5/1998
3/23/1998 3/29/1998
3/16/1998 3/22/1998
3/9/1998 3/15/1998
3/2/1998 3/8/1998
2/23/1998 3/1/1998
2/16/1998 2/22/1998
2/9/1998 2/15/1998
2/2/1998 2/8/1998
1/26/1998 2/1/1998
1/19/1998 1/25/1998
1/12/1998 1/18/1998
1/5/1998 1/11/1998
12/29/1997 1/4/1998
12/22/1997 12/28/1997
12/15/1997 12/21/1997
12/8/1997 12/14/1997
12/1/1997 12/7/1997
11/24/1997 11/30/1997
11/17/1997 11/23/1997
11/10/1997 11/16/1997
11/3/1997 11/9/1997
10/27/1997 11/2/1997
10/20/1997 10/26/1997
10/13/1997 10/19/1997
10/6/1997 10/12/1997
9/29/1997 10/5/1997
9/22/1997 9/28/1997
9/15/1997 9/21/1997
9/8/1997 9/14/1997
9/1/1997 9/7/1997
8/25/1997 8/31/1997
8/18/1997 8/24/1997
8/11/1997 8/17/1997
8/4/1997 8/10/1997
7/28/1997 8/3/1997
7/21/1997 7/27/1997
7/14/1997 7/20/1997
7/7/1997 7/13/1997
6/30/1997 7/6/1997
6/23/1997 6/29/1997
6/16/1997 6/22/1997
6/9/1997 6/15/1997
6/2/1997 6/8/1997
5/26/1997 6/1/1997
5/19/1997 5/25/1997
5/12/1997 5/18/1997
5/5/1997 5/11/1997
4/28/1997 5/4/1997
4/21/1997 4/27/1997
4/14/1997 4/20/1997
4/7/1997 4/13/1997
3/31/1997 4/6/1997
3/24/1997 3/30/1997
3/17/1997 3/23/1997
3/10/1997 3/16/1997
3/3/1997 3/9/1997
2/24/1997 3/2/1997
2/17/1997 2/23/1997
2/10/1997 2/16/1997
2/3/1997 2/9/1997
1/27/1997 2/2/1997
1/20/1997 1/26/1997
1/13/1997 1/19/1997
1/6/1997 1/12/1997
12/30/1996 1/5/1997
12/23/1996 12/29/1996
12/16/1996 12/22/1996
12/9/1996 12/15/1996
12/2/1996 12/8/1996
11/25/1996 12/1/1996
11/18/1996 11/24/1996
11/11/1996 11/17/1996
11/4/1996 11/10/1996
10/28/1996 11/3/1996
10/21/1996 10/27/1996
10/14/1996 10/20/1996
10/7/1996 10/13/1996
9/30/1996 10/6/1996
9/23/1996 9/29/1996
9/16/1996 9/22/1996
9/9/1996 9/15/1996
9/2/1996 9/8/1996
8/26/1996 9/1/1996
8/19/1996 8/25/1996
8/12/1996 8/18/1996
8/5/1996 8/11/1996
7/29/1996 8/4/1996
7/22/1996 7/28/1996
7/15/1996 7/21/1996
7/8/1996 7/14/1996
7/1/1996 7/7/1996
6/24/1996 6/30/1996
6/17/1996 6/23/1996
6/10/1996 6/16/1996
6/3/1996 6/9/1996
5/27/1996 6/2/1996
5/20/1996 5/26/1996
5/13/1996 5/19/1996
5/6/1996 5/12/1996
4/29/1996 5/5/1996
4/22/1996 4/28/1996
4/15/1996 4/21/1996
4/8/1996 4/14/1996
4/1/1996 4/7/1996
3/25/1996 3/31/1996
3/18/1996 3/24/1996
3/11/1996 3/17/1996
3/4/1996 3/10/1996
2/26/1996 3/3/1996
2/19/1996 2/25/1996
2/12/1996 2/18/1996
2/5/1996 2/11/1996
1/29/1996 2/4/1996
1/22/1996 1/28/1996
1/15/1996 1/21/1996
1/8/1996 1/14/1996
1/1/1996 1/7/1996
12/25/1995 12/31/1995
12/18/1995 12/24/1995
12/11/1995 12/17/1995
12/4/1995 12/10/1995
11/27/1995 12/3/1995
11/20/1995 11/26/1995
11/13/1995 11/19/1995
11/6/1995 11/12/1995
10/30/1995 11/5/1995
10/23/1995 10/29/1995
10/16/1995 10/22/1995
10/9/1995 10/15/1995
10/2/1995 10/8/1995
9/25/1995 10/1/1995
9/18/1995 9/24/1995
9/11/1995 9/17/1995
9/4/1995 9/10/1995
8/28/1995 9/3/1995
8/21/1995 8/27/1995
8/14/1995 8/20/1995
8/7/1995 8/13/1995
7/31/1995 8/6/1995
7/24/1995 7/30/1995
7/17/1995 7/23/1995
7/10/1995 7/16/1995
7/3/1995 7/9/1995
6/26/1995 7/2/1995
6/19/1995 6/25/1995
6/12/1995 6/18/1995
6/5/1995 6/11/1995
5/29/1995 6/4/1995
5/22/1995 5/28/1995
5/15/1995 5/21/1995
5/8/1995 5/14/1995
5/1/1995 5/7/1995
4/24/1995 4/30/1995
4/17/1995 4/23/1995
4/10/1995 4/16/1995
4/3/1995 4/9/1995
3/27/1995 4/2/1995
3/20/1995 3/26/1995
3/13/1995 3/19/1995
3/6/1995 3/12/1995
2/27/1995 3/5/1995
2/20/1995 2/26/1995
2/13/1995 2/19/1995
2/6/1995 2/12/1995
1/30/1995 2/5/1995
1/23/1995 1/29/1995
1/16/1995 1/22/1995
1/9/1995 1/15/1995
1/2/1995 1/8/1995
12/26/1994 1/1/1995
12/19/1994 12/25/1994
12/12/1994 12/18/1994
12/5/1994 12/11/1994
11/28/1994 12/4/1994
11/21/1994 11/27/1994
11/14/1994 11/20/1994
11/7/1994 11/13/1994
10/31/1994 11/6/1994
10/24/1994 10/30/1994
10/17/1994 10/23/1994
10/10/1994 10/16/1994
10/3/1994 10/9/1994
9/26/1994 10/2/1994
9/19/1994 9/25/1994
9/12/1994 9/18/1994
9/5/1994 9/11/1994
8/29/1994 9/4/1994
8/22/1994 8/28/1994
8/15/1994 8/21/1994
8/8/1994 8/14/1994
8/1/1994 8/7/1994
7/25/1994 7/31/1994
7/18/1994 7/24/1994
7/11/1994 7/17/1994
7/4/1994 7/10/1994
6/27/1994 7/3/1994
6/20/1994 6/26/1994
6/13/1994 6/19/1994
6/6/1994 6/12/1994
5/30/1994 6/5/1994
5/23/1994 5/29/1994
5/16/1994 5/22/1994
5/9/1994 5/15/1994
5/2/1994 5/8/1994
4/25/1994 5/1/1994
4/18/1994 4/24/1994
4/11/1994 4/17/1994
4/4/1994 4/10/1994
3/28/1994 4/3/1994
3/21/1994 3/27/1994
3/14/1994 3/20/1994
3/7/1994 3/13/1994
2/28/1994 3/6/1994
2/21/1994 2/27/1994
2/14/1994 2/20/1994
2/7/1994 2/13/1994
1/31/1994 2/6/1994
1/24/1994 1/30/1994
1/17/1994 1/23/1994
1/10/1994 1/16/1994
1/3/1994 1/9/1994
12/27/1993 1/2/1994
12/20/1993 12/26/1993
12/13/1993 12/19/1993
12/6/1993 12/12/1993
11/29/1993 12/5/1993
11/22/1993 11/28/1993
11/15/1993 11/21/1993
11/8/1993 11/14/1993
11/1/1993 11/7/1993
10/25/1993 10/31/1993
10/18/1993 10/24/1993
10/11/1993 10/17/1993
10/4/1993 10/10/1993
9/27/1993 10/3/1993
9/20/1993 9/26/1993
9/13/1993 9/19/1993
9/6/1993 9/12/1993
8/30/1993 9/5/1993
8/23/1993 8/29/1993
8/16/1993 8/22/1993
8/9/1993 8/15/1993
8/2/1993 8/8/1993
7/26/1993 8/1/1993
7/19/1993 7/25/1993
7/12/1993 7/18/1993
7/5/1993 7/11/1993
6/28/1993 7/4/1993
6/21/1993 6/27/1993
6/14/1993 6/20/1993
6/7/1993 6/13/1993
5/31/1993 6/6/1993
5/24/1993 5/30/1993
5/17/1993 5/23/1993
5/10/1993 5/16/1993
5/3/1993 5/9/1993
4/26/1993 5/2/1993
4/19/1993 4/25/1993
4/12/1993 4/18/1993
4/5/1993 4/11/1993
3/29/1993 4/4/1993
3/22/1993 3/28/1993
3/15/1993 3/21/1993
3/8/1993 3/14/1993
3/1/1993 3/7/1993
2/22/1993 2/28/1993
2/15/1993 2/21/1993
2/8/1993 2/14/1993
2/1/1993 2/7/1993
1/25/1993 1/31/1993
1/18/1993 1/24/1993
1/11/1993 1/17/1993
1/4/1993 1/10/1993
12/28/1992 1/3/1993
12/21/1992 12/27/1992
12/14/1992 12/20/1992
12/7/1992 12/13/1992
11/30/1992 12/6/1992
11/23/1992 11/29/1992
11/16/1992 11/22/1992
11/9/1992 11/15/1992
11/2/1992 11/8/1992
10/26/1992 11/1/1992
10/19/1992 10/25/1992
10/12/1992 10/18/1992
10/5/1992 10/11/1992
9/28/1992 10/4/1992
9/21/1992 9/27/1992
9/14/1992 9/20/1992
9/7/1992 9/13/1992
8/31/1992 9/6/1992
8/24/1992 8/30/1992
8/17/1992 8/23/1992
8/10/1992 8/16/1992
8/3/1992 8/9/1992
7/27/1992 8/2/1992
7/20/1992 7/26/1992
7/13/1992 7/19/1992
7/6/1992 7/12/1992
6/29/1992 7/5/1992
6/22/1992 6/28/1992
6/15/1992 6/21/1992
6/8/1992 6/14/1992
6/1/1992 6/7/1992
5/25/1992 5/31/1992
5/18/1992 5/24/1992
5/11/1992 5/17/1992
5/4/1992 5/10/1992
4/27/1992 5/3/1992
4/20/1992 4/26/1992
4/13/1992 4/19/1992
4/6/1992 4/12/1992
3/30/1992 4/5/1992
3/23/1992 3/29/1992
3/16/1992 3/22/1992
3/9/1992 3/15/1992
3/2/1992 3/8/1992
2/24/1992 3/1/1992
2/17/1992 2/23/1992
2/10/1992 2/16/1992
2/3/1992 2/9/1992
1/27/1992 2/2/1992
1/20/1992 1/26/1992
1/13/1992 1/19/1992
1/6/1992 1/12/1992
12/30/1991 1/5/1992
12/23/1991 12/29/1991
12/16/1991 12/22/1991
12/9/1991 12/15/1991
12/2/1991 12/8/1991
11/25/1991 12/1/1991
11/18/1991 11/24/1991
11/11/1991 11/17/1991
11/4/1991 11/10/1991
10/28/1991 11/3/1991
10/21/1991 10/27/1991
10/14/1991 10/20/1991
10/7/1991 10/13/1991
9/30/1991 10/6/1991
9/23/1991 9/29/1991
9/16/1991 9/22/1991
9/9/1991 9/15/1991
9/2/1991 9/8/1991
8/26/1991 9/1/1991
8/19/1991 8/25/1991
8/12/1991 8/18/1991
8/5/1991 8/11/1991
7/29/1991 8/4/1991
7/22/1991 7/28/1991
7/15/1991 7/21/1991
7/8/1991 7/14/1991
7/1/1991 7/7/1991
6/24/1991 6/30/1991
6/17/1991 6/23/1991
6/10/1991 6/16/1991
6/3/1991 6/9/1991
5/27/1991 6/2/1991
5/20/1991 5/26/1991
5/13/1991 5/19/1991
5/6/1991 5/12/1991
4/29/1991 5/5/1991
4/22/1991 4/28/1991
4/15/1991 4/21/1991
4/8/1991 4/14/1991
4/1/1991 4/7/1991
3/25/1991 3/31/1991
3/18/1991 3/24/1991
3/11/1991 3/17/1991
3/4/1991 3/10/1991
2/25/1991 3/3/1991
2/18/1991 2/24/1991
2/11/1991 2/17/1991
2/4/1991 2/10/1991
1/28/1991 2/3/1991
1/21/1991 1/27/1991
1/14/1991 1/20/1991
1/7/1991 1/13/1991
12/31/1990 1/6/1991
12/24/1990 12/30/1990
12/17/1990 12/23/1990
12/10/1990 12/16/1990
12/3/1990 12/9/1990
11/26/1990 12/2/1990
11/19/1990 11/25/1990
11/12/1990 11/18/1990
11/5/1990 11/11/1990
10/29/1990 11/4/1990
10/22/1990 10/28/1990
10/15/1990 10/21/1990
10/8/1990 10/14/1990
10/1/1990 10/7/1990
9/24/1990 9/30/1990
9/17/1990 9/23/1990
9/10/1990 9/16/1990
9/3/1990 9/9/1990
8/27/1990 9/2/1990
8/20/1990 8/26/1990
8/13/1990 8/19/1990
8/6/1990 8/12/1990
7/30/1990 8/5/1990
7/23/1990 7/29/1990
7/16/1990 7/22/1990
7/9/1990 7/15/1990
7/2/1990 7/8/1990
6/25/1990 7/1/1990
6/18/1990 6/24/1990
6/11/1990 6/17/1990
6/4/1990 6/10/1990
5/28/1990 6/3/1990
5/21/1990 5/27/1990
5/14/1990 5/20/1990
5/7/1990 5/13/1990
4/30/1990 5/6/1990
4/23/1990 4/29/1990
4/16/1990 4/22/1990
4/9/1990 4/15/1990
4/2/1990 4/8/1990
3/26/1990 4/1/1990
3/19/1990 3/25/1990
3/12/1990 3/18/1990
3/5/1990 3/11/1990
2/26/1990 3/4/1990
2/19/1990 2/25/1990
2/12/1990 2/18/1990
2/5/1990 2/11/1990
1/29/1990 2/4/1990
1/22/1990 1/28/1990
1/15/1990 1/21/1990
1/8/1990 1/14/1990
1/1/1990 1/7/1990
12/25/1989 12/31/1989
12/18/1989 12/24/1989
12/11/1989 12/17/1989
12/4/1989 12/10/1989
11/27/1989 12/3/1989
11/20/1989 11/26/1989
11/13/1989 11/19/1989
11/6/1989 11/12/1989
10/30/1989 11/5/1989
10/23/1989 10/29/1989
10/16/1989 10/22/1989
10/9/1989 10/15/1989
10/2/1989 10/8/1989
9/25/1989 10/1/1989
9/18/1989 9/24/1989
9/11/1989 9/17/1989
9/4/1989 9/10/1989
8/28/1989 9/3/1989
8/21/1989 8/27/1989
8/14/1989 8/20/1989
8/7/1989 8/13/1989
7/31/1989 8/6/1989
7/24/1989 7/30/1989
7/17/1989 7/23/1989
7/10/1989 7/16/1989
7/3/1989 7/9/1989
6/26/1989 7/2/1989
6/19/1989 6/25/1989
6/12/1989 6/18/1989
6/5/1989 6/11/1989
5/29/1989 6/4/1989
5/22/1989 5/28/1989
5/15/1989 5/21/1989
5/8/1989 5/14/1989
5/1/1989 5/7/1989
4/24/1989 4/30/1989
4/17/1989 4/23/1989
4/10/1989 4/16/1989
4/3/1989 4/9/1989
3/27/1989 4/2/1989
3/20/1989 3/26/1989
3/13/1989 3/19/1989
3/6/1989 3/12/1989
2/27/1989 3/5/1989
2/20/1989 2/26/1989
2/13/1989 2/19/1989
2/6/1989 2/12/1989
1/30/1989 2/5/1989
1/23/1989 1/29/1989
1/16/1989 1/22/1989
1/9/1989 1/15/1989
1/2/1989 1/8/1989
12/26/1988 1/1/1989
12/19/1988 12/25/1988
12/12/1988 12/18/1988
12/5/1988 12/11/1988
11/28/1988 12/4/1988
11/21/1988 11/27/1988
11/14/1988 11/20/1988
11/7/1988 11/13/1988
10/31/1988 11/6/1988
10/24/1988 10/30/1988
10/17/1988 10/23/1988
10/10/1988 10/16/1988
10/3/1988 10/9/1988
9/26/1988 10/2/1988
9/19/1988 9/25/1988
9/12/1988 9/18/1988
9/5/1988 9/11/1988
8/29/1988 9/4/1988
8/22/1988 8/28/1988
8/15/1988 8/21/1988
8/8/1988 8/14/1988
8/1/1988 8/7/1988
7/25/1988 7/31/1988
7/18/1988 7/24/1988
7/11/1988 7/17/1988
7/4/1988 7/10/1988
6/27/1988 7/3/1988
6/20/1988 6/26/1988
6/13/1988 6/19/1988
6/6/1988 6/12/1988
5/30/1988 6/5/1988
5/23/1988 5/29/1988
5/16/1988 5/22/1988
5/9/1988 5/15/1988
5/2/1988 5/8/1988
4/25/1988 5/1/1988
4/18/1988 4/24/1988
4/11/1988 4/17/1988
4/4/1988 4/10/1988
3/28/1988 4/3/1988
3/21/1988 3/27/1988
3/14/1988 3/20/1988
3/7/1988 3/13/1988
2/29/1988 3/6/1988
2/22/1988 2/28/1988
2/15/1988 2/21/1988
2/8/1988 2/14/1988
2/1/1988 2/7/1988
1/25/1988 1/31/1988
1/18/1988 1/24/1988
1/11/1988 1/17/1988
1/4/1988 1/10/1988
12/28/1987 1/3/1988
12/21/1987 12/27/1987
12/14/1987 12/20/1987
12/7/1987 12/13/1987
11/30/1987 12/6/1987
11/23/1987 11/29/1987
11/16/1987 11/22/1987
11/9/1987 11/15/1987
11/2/1987 11/8/1987
10/26/1987 11/1/1987
10/19/1987 10/25/1987
10/12/1987 10/18/1987
10/5/1987 10/11/1987
9/28/1987 10/4/1987
9/21/1987 9/27/1987
9/14/1987 9/20/1987
9/7/1987 9/13/1987
8/31/1987 9/6/1987
8/24/1987 8/30/1987
8/17/1987 8/23/1987
8/10/1987 8/16/1987
8/3/1987 8/9/1987
7/27/1987 8/2/1987
7/20/1987 7/26/1987
7/13/1987 7/19/1987
7/6/1987 7/12/1987
6/29/1987 7/5/1987
6/22/1987 6/28/1987
6/15/1987 6/21/1987
6/8/1987 6/14/1987
6/1/1987 6/7/1987
5/25/1987 5/31/1987
5/18/1987 5/24/1987
5/11/1987 5/17/1987
5/4/1987 5/10/1987
4/27/1987 5/3/1987
4/20/1987 4/26/1987
4/13/1987 4/19/1987
4/6/1987 4/12/1987
3/30/1987 4/5/1987
3/23/1987 3/29/1987
3/16/1987 3/22/1987
3/9/1987 3/15/1987
3/2/1987 3/8/1987
2/23/1987 3/1/1987
2/16/1987 2/22/1987
2/9/1987 2/15/1987
2/2/1987 2/8/1987
1/26/1987 2/1/1987
1/19/1987 1/25/1987
1/12/1987 1/18/1987
1/5/1987 1/11/1987
12/29/1986 1/4/1987
12/22/1986 12/28/1986
12/15/1986 12/21/1986
12/8/1986 12/14/1986
12/1/1986 12/7/1986
11/24/1986 11/30/1986
11/17/1986 11/23/1986
11/10/1986 11/16/1986
11/3/1986 11/9/1986
10/27/1986 11/2/1986
10/20/1986 10/26/1986
10/13/1986 10/19/1986
10/6/1986 10/12/1986
9/29/1986 10/5/1986
9/22/1986 9/28/1986
9/15/1986 9/21/1986
9/8/1986 9/14/1986
9/1/1986 9/7/1986
8/25/1986 8/31/1986
8/18/1986 8/24/1986
8/11/1986 8/17/1986
8/4/1986 8/10/1986
7/28/1986 8/3/1986
7/21/1986 7/27/1986
7/14/1986 7/20/1986
7/7/1986 7/13/1986
6/30/1986 7/6/1986
6/23/1986 6/29/1986
6/16/1986 6/22/1986
6/9/1986 6/15/1986
6/2/1986 6/8/1986
5/26/1986 6/1/1986
5/19/1986 5/25/1986
5/12/1986 5/18/1986
5/5/1986 5/11/1986
4/28/1986 5/4/1986
4/21/1986 4/27/1986
4/14/1986 4/20/1986
4/7/1986 4/13/1986
3/31/1986 4/6/1986
3/24/1986 3/30/1986
3/17/1986 3/23/1986
3/10/1986 3/16/1986
3/3/1986 3/9/1986
2/24/1986 3/2/1986
2/17/1986 2/23/1986
2/10/1986 2/16/1986
2/3/1986 2/9/1986
1/27/1986 2/2/1986
1/20/1986 1/26/1986
1/13/1986 1/19/1986
1/6/1986 1/12/1986
12/30/1985 1/5/1986
12/23/1985 12/29/1985
12/16/1985 12/22/1985
12/9/1985 12/15/1985
12/2/1985 12/8/1985
11/25/1985 12/1/1985
11/18/1985 11/24/1985
11/11/1985 11/17/1985
11/4/1985 11/10/1985
10/28/1985 11/3/1985
10/21/1985 10/27/1985
10/14/1985 10/20/1985
10/7/1985 10/13/1985
9/30/1985 10/6/1985
9/23/1985 9/29/1985
9/16/1985 9/22/1985
9/9/1985 9/15/1985
9/2/1985 9/8/1985
8/26/1985 9/1/1985
8/19/1985 8/25/1985
8/12/1985 8/18/1985
8/5/1985 8/11/1985
7/29/1985 8/4/1985
7/22/1985 7/28/1985
7/15/1985 7/21/1985
7/8/1985 7/14/1985
7/1/1985 7/7/1985
6/24/1985 6/30/1985
6/17/1985 6/23/1985
6/10/1985 6/16/1985
6/3/1985 6/9/1985
5/27/1985 6/2/1985
5/20/1985 5/26/1985
5/13/1985 5/19/1985
5/6/1985 5/12/1985
4/29/1985 5/5/1985
4/22/1985 4/28/1985
4/15/1985 4/21/1985
4/8/1985 4/14/1985
4/1/1985 4/7/1985
3/25/1985 3/31/1985
3/18/1985 3/24/1985
3/11/1985 3/17/1985
3/4/1985 3/10/1985
2/25/1985 3/3/1985
2/18/1985 2/24/1985
2/11/1985 2/17/1985
2/4/1985 2/10/1985
1/28/1985 2/3/1985
1/21/1985 1/27/1985
1/14/1985 1/20/1985
1/7/1985 1/13/1985
12/31/1984 1/6/1985
12/24/1984 12/30/1984
12/17/1984 12/23/1984
12/10/1984 12/16/1984
12/3/1984 12/9/1984
11/26/1984 12/2/1984
11/19/1984 11/25/1984
11/12/1984 11/18/1984
11/5/1984 11/11/1984
10/29/1984 11/4/1984
10/22/1984 10/28/1984
10/15/1984 10/21/1984
10/8/1984 10/14/1984
10/1/1984 10/7/1984
9/24/1984 9/30/1984
9/17/1984 9/23/1984
9/10/1984 9/16/1984
9/3/1984 9/9/1984
8/27/1984 9/2/1984
8/21/1984 8/26/1984
8/20/1984 8/26/1984
8/13/1984 8/19/1984
8/6/1984 8/12/1984
7/30/1984 8/5/1984
7/23/1984 7/29/1984
7/22/1984
7/16/1984
7/16/1984
7/21/1984
7/9/1984 7/15/1984
7/3/1984 7/8/1984
7/2/1984 7/8/1984
6/26/1984 7/1/1984
6/25/1984 7/1/1984
6/18/1984 6/24/1984
6/11/1984 6/17/1984
6/4/1984 6/10/1984
5/28/1984 6/3/1984
5/21/1984 5/27/1984
5/14/1984 5/20/1984
5/7/1984 5/13/1984
4/30/1984 5/6/1984
4/23/1984 4/29/1984
4/16/1984 4/22/1984
4/9/1984 4/15/1984
4/2/1984 4/8/1984
3/26/1984 4/1/1984
3/20/1984 3/25/1984
3/19/1984 3/25/1984
3/19/1984
3/12/1984
3/18/1984
3/5/1984 3/11/1984
2/27/1984 3/4/1984
2/20/1984 2/26/1984
2/19/1984
2/13/1984
2/17/1984
2/6/1984 2/12/1984
1/30/1984 2/5/1984
1/23/1984 1/29/1984
1/12/1984 1/18/1984
Fuente: cálculos Banco de la República con información proveniente de la Superintendencia Financiera (http://www.superfinanciera.gov.co/).

Nota: la tasa DTF se refiere a la tasa promedio ponderada por monto de las captaciones por CDT a 90 días para los Bancos, corporaciones y compañías de

Hasta diciembre de 1988 los cálculos se realizan con base en la encuesta a bancos y corporaciones financieras Oficina Principal de Santafé de Bogotá. A pa
1988 de la Asociación Bancaria. A partir del 6 de marzo de 1995 los cálculos se realizan con base en la encuesta diaria que efectúa la Superintendencia Fina
se realizan con base en la información del Formato 133 (Tasas de Interés de Captación y Operaciones de Mercado Monetario), y a partir de abril 1 de 2008 c
es la Superintendencia Financiera de Colombia.
Tasa de interés - efectiva anual
DTF CDT 180 CDT 360
3.69% 4.13% 4.69%
3.82% 4.19% 4.52%
3.78% 4.19% 4.41%
3.78% 4.11% 4.39%
3.81% 4.16% 4.63%
3.86% 4.21% 4.37%
3.88% 4.18% 4.62%
3.85% 4.21% 4.67%
3.91% 4.25% 4.52%
3.97% 4.32% 4.60%
3.95% 4.30% 4.56%
3.97% 4.26% 4.60%
3.96% 4.35% 4.65%
3.94% 4.29% 4.71%
4.04% 4.34% 4.67%
4.03% 4.32% 4.69%
4.00% 4.38% 4.74%
4.06% 4.32% 4.77%
4.07% 4.36% 4.73%
4.07% 4.37% 4.68%
4.04% 4.45% 4.90%
4.06% 4.44% 4.69%
4.04% 4.41% 4.84%
4.01% 4.47% 5.11%
4.05% 4.38% 4.78%
4.06% 4.44% 5.18%
3.99% 4.46% 4.78%
4.06% 4.51% 4.84%
4.06% 4.47% 4.89%
3.99% 4.35% 4.79%
3.96% 4.39% 4.78%
4.07% 4.41% 4.79%
4.06% 4.35% 4.84%
4.02% 4.41% 4.67%
4.09% 4.42% 4.85%
4.09% 4.35% 5.24%
4.09% 4.35% 4.64%
4.04% 4.39% 4.38%
4.11% 4.21% 4.52%
4.02% 4.20% 4.47%
4.00% 4.43% 4.47%
4.06% 4.26% 4.58%
3.95% 4.33% 4.32%
3.92% 4.07% 4.68%
3.98% 4.14% 4.30%
3.91% 4.17% 4.44%
3.99% 4.30% 4.43%
3.91% 4.37% 4.51%
3.94% 4.25% 4.43%
4.01% 4.29% 4.64%
3.96% 4.24% 4.46%
3.98% 4.23% 4.38%
3.98% 4.33% 4.46%
4.07% 4.39% 4.40%
4.11% 4.31% 4.47%
4.17% 4.54% 4.78%
4.25% 4.45% 4.48%
4.39% 4.65% 4.69%
4.50% 4.56% 4.75%
4.55% 4.74% 4.91%
4.55% 4.82% 5.03%
4.65% 4.86% 5.10%
4.78% 5.12% 5.15%
4.83% 5.04% 5.12%
4.82% 5.08% 5.26%
4.85% 5.17% 5.32%
4.94% 5.21% 5.46%
5.11% 5.32% 5.56%
5.07% 5.38% 5.59%
5.22% 5.47% 5.61%
5.21% 5.64% 5.77%
5.27% 5.67% 5.94%
5.22% 5.70% 5.99%
5.26% 5.69% 5.98%
5.15% 5.75% 6.17%
5.34% 5.70% 5.92%
5.42% 5.65% 5.87%
5.26% 5.77% 6.02%
5.23% 5.75% 6.01%
5.79% 5.74% 6.09%
5.29% 5.91% 6.13%
5.19% 5.84% 6.15%
5.23% 5.82% 6.13%
5.31% 5.81% 6.11%
5.27% 5.73% 6.12%
5.20% 5.78% 6.13%
5.37% 5.87% 6.25%
5.37% 5.86% 6.31%
5.40% 5.78% 6.28%
5.42% 5.95% 6.31%
5.40% 5.89% 6.37%
5.46% 5.79% 6.38%
5.39% 5.80% 6.36%
5.50% 5.94% 6.44%
5.29% 5.97% 6.45%
5.54% 5.83% 6.45%
5.38% 5.68% 6.14%
5.48% 5.77% 6.36%
5.43% 5.86% 6.51%
5.46% 5.88% 6.45%
5.42% 5.91% 6.49%
5.41% 5.88% 6.40%
5.48% 5.89% 6.19%
5.51% 5.97% 6.35%
5.43% 5.80% 6.39%
5.44% 5.82% 6.28%
5.35% 5.90% 6.49%
5.45% 5.77% 6.42%
5.56% 5.89% 6.24%
5.43% 5.99% 6.15%
5.50% 5.87% 6.41%
5.33% 5.85% 6.33%
5.23% 5.93% 6.27%
5.31% 5.74% 6.20%
5.35% 5.80% 6.09%
5.26% 5.65% 6.10%
5.33% 5.79% 6.25%
5.21% 5.71% 6.04%
4.95% 5.74% 5.83%
5.13% 5.71% 5.93%
5.21% 5.68% 5.97%
5.19% 5.45% 5.72%
5.12% 5.52% 6.00%
5.22% 5.59% 6.11%
4.98% 5.37% 6.13%
5.24% 5.54% 5.66%
4.90% 5.33% 6.32%
4.76% 5.50% 6.17%
4.98% 5.40% 6.05%
4.85% 5.59% 5.97%
5.44% 5.40% 5.88%
4.85% 5.36% 5.75%
4.77% 5.30% 6.00%
4.90% 5.40% 5.85%
4.72% 5.26% 5.91%
4.53% 5.14% 5.63%
4.75% 5.25% 5.58%
4.55% 5.03% 5.70%
4.55% 5.29% 5.74%
4.53% 5.26% 5.81%
4.50% 4.86% 5.73%
4.51% 4.82% 5.79%
4.51% 4.95% 5.87%
4.52% 4.97% 5.66%
4.44% 4.62% 5.73%
4.29% 4.86% 5.36%
4.28% 4.75% 5.46%
4.22% 4.45% 5.39%
4.03% 4.66% 5.28%
4.21% 4.55% 5.41%
4.19% 4.50% 5.36%
4.01% 4.42% 5.12%
4.00% 4.44% 4.15%
3.96% 4.44% 4.92%
3.87% 4.37% 4.86%
3.93% 4.35% 4.88%
3.90% 4.26% 4.90%
3.77% 4.24% 4.89%
3.74% 4.21% 4.58%
3.79% 4.07% 4.54%
3.69% 4.04% 4.66%
3.71% 4.10% 4.50%
3.68% 4.02% 4.41%
3.65% 3.97% 4.49%
3.59% 3.98% 4.70%
3.47% 3.91% 4.62%
3.51% 3.99% 4.23%
3.42% 3.91% 4.20%
3.50% 3.92% 4.16%
3.44% 3.88% 4.34%
3.47% 3.86% 4.38%
3.45% 3.90% 4.28%
3.42% 3.93% 4.17%
3.53% 3.93% 4.17%
3.50% 3.82% 4.20%
3.50% 3.89% 4.21%
3.47% 3.89% 4.22%
3.46% 3.87% 4.21%
3.56% 3.90% 4.16%
3.46% 3.89% 4.14%
3.40% 3.85% 4.12%
3.43% 3.87% 4.18%
3.49% 3.87% 4.27%
3.51% 3.87% 4.25%
3.46% 3.85% 4.28%
3.43% 3.91% 4.26%
3.44% 3.87% 4.22%
3.41% 3.88% 4.29%
3.39% 3.87% 4.30%
3.50% 3.86% 4.25%
3.46% 3.91% 4.14%
3.52% 3.88% 4.24%
3.46% 3.96% 4.17%
3.48% 3.89% 4.39%
3.45% 3.93% 4.23%
3.58% 4.05% 4.26%
3.48% 3.89% 4.25%
3.55% 3.98% 4.28%
3.48% 3.93% 4.22%
3.54% 3.88% 4.28%
3.52% 3.92% 4.29%
3.42% 3.89% 4.17%
3.50% 3.90% 4.40%
3.58% 3.91% 4.33%
3.55% 3.93% 4.39%
3.56% 3.98% 4.18%
3.55% 3.96% 4.34%
3.62% 4.00% 4.62%
3.71% 4.04% 4.55%
3.77% 4.08% 4.50%
4.00% 4.25% 4.48%
3.89% 4.26% 4.58%
3.91% 4.30% 4.59%
3.86% 4.22% 4.67%
3.90% 4.24% 4.75%
4.04% 4.20% 4.61%
3.84% 4.25% 4.73%
3.89% 4.38% 4.65%
3.98% 4.37% 4.75%
4.02% 4.29% 4.81%
3.96% 4.31% 4.66%
4.03% 4.43% 4.84%
4.02% 4.38% 4.84%
4.10% 4.44% 4.84%
4.10% 4.38% 4.77%
3.98% 4.46% 4.72%
4.00% 4.37% 4.60%
3.92% 4.42% 4.94%
4.11% 4.38% 4.90%
4.14% 4.37% 4.60%
4.25% 4.49% 4.59%
4.21% 4.64% 4.82%
4.35% 4.65% 4.84%
4.47% 4.80% 5.17%
4.47% 4.87% 4.91%
4.33% 4.95% 4.98%
4.35% 4.88% 5.00%
4.45% 4.95% 5.10%
4.40% 5.06% 5.35%
4.47% 5.02% 5.10%
4.75% 5.12% 5.40%
4.77% 5.34% 5.64%
4.94% 5.25% 5.67%
4.99% 5.40% 5.71%
4.94% 5.37% 5.31%
5.02% 5.45% 5.90%
5.10% 5.46% 5.53%
5.13% 5.43% 5.37%
5.04% 5.54% 5.52%
5.06% 5.66% 5.65%
5.24% 5.51% 5.78%
5.11% 5.60% 5.85%
5.19% 5.77% 5.88%
5.32% 5.79% 5.74%
5.40% 6.07% 5.67%
5.54% 6.04% 6.14%
5.46% 6.23% 6.21%
5.70% 6.46% 6.31%
6.10% 6.81% 6.77%
6.11% 6.75% 7.21%
6.29% 6.91% 7.25%
6.58% 7.44% 8.43%
7.09% 7.41% 7.71%
6.87% 7.46% 7.71%
7.15% 7.59% 7.92%
7.33% 7.60% 7.51%
7.91% 7.78% 8.41%
7.68% 8.06% 8.46%
8.13% 8.90% 8.94%
8.34% 8.87% 8.69%
8.59% 9.14% 9.11%
8.86% 9.34% 9.65%
9.02% 9.50% 9.58%
8.94% 9.60% 9.81%
9.43% 9.71% 10.05%
9.56% 10.06% 10.28%
9.79% 9.98% 10.53%
9.62% 10.11% 10.43%
9.73% 10.02% 10.33%
9.73% 10.16% 10.65%
9.82% 10.09% 10.92%
10.33% 10.58% 10.92%
10.19% 10.54% 11.26%
10.20% 10.35% 11.11%
10.27% 9.96% 10.64%
9.96% 10.39% 10.34%
10.02% 10.13% 10.25%
10.16% 10.30% 9.90%
10.07% 10.10% 10.35%
10.20% 10.54% 9.93%
10.03% 9.88% 9.11%
9.85% 10.02% 9.38%
9.32% 10.30% 10.00%
9.61% 10.13% 10.82%
10.05% 10.08% 10.78%
10.10% 10.28% 10.24%
9.87% 9.96% 10.48%
10.21% 9.77% 10.76%
9.89% 9.69% 10.56%
9.81% 9.82% 10.22%
9.89% 9.87% 9.94%
9.73% 10.04% 9.14%
9.61% 9.67% 9.41%
9.63% 9.38% 9.84%
9.65% 9.39% 9.22%
9.25% 9.07% 8.36%
9.80% 9.42% 9.24%
9.92% 9.87% 8.51%
9.80% 10.10% 9.68%
9.21% 9.82% 8.64%
9.81% 9.45% 8.68%
9.49% 9.60% 9.14%
9.73% 9.60% 9.82%
9.25% 9.69% 9.63%
9.83% 9.80% 10.32%
9.75% 9.98% 9.34%
9.61% 9.74% 10.77%
9.80% 9.80% 10.33%
9.74% 9.48% 10.49%
9.82% 9.56% 9.44%
9.53% 9.03% 9.63%
9.74% 9.35% 9.52%
9.21% 9.22% 9.45%
9.63% 9.37% 8.99%
9.32% 8.93% 8.92%
9.28% 9.06% 9.72%
8.54% 9.09% 9.04%
9.21% 9.14% 9.90%
9.26% 8.87% 8.96%
8.97% 8.83% 8.87%
9.05% 8.60% 8.96%
8.95% 9.03% 8.88%
9.15% 8.85% 9.02%
9.01% 8.84% 8.46%
8.90% 8.85% 9.66%
8.69% 8.89% 8.74%
8.65% 8.97% 9.16%
8.56% 8.98% 8.89%
8.83% 9.27% 9.18%
8.65% 9.08% 8.72%
8.69% 8.74% 7.70%
8.84% 8.86% 7.90%
8.69% 8.94% 8.87%
8.31% 8.71% 8.72%
8.42% 8.64% 9.39%
8.77% 8.59% 8.81%
8.88% 9.05% 8.55%
8.90% 8.89% 8.88%
8.96% 8.51% 8.34%
8.53% 8.39% 8.86%
8.43% 8.26% 8.62%
8.44% 8.48% 8.63%
8.78% 8.23% 8.65%
8.23% 8.28% 9.02%
8.38% 7.86% 8.17%
8.19% 7.75% 8.44%
8.35% 7.65% 8.01%
8.16% 7.44% 7.18%
8.38% 7.63% 7.03%
7.93% 7.75% 7.19%
7.98% 7.87% 8.84%
7.60% 7.63% 8.27%
7.78% 7.80% 8.39%
7.73% 7.68% 7.06%
7.61% 7.70% 6.55%
7.36% 7.51% 6.61%
7.62% 7.47% 7.49%
7.43% 7.52% 7.64%
7.50% 7.68% 7.83%
7.39% 7.51% 7.66%
7.37% 7.41% 8.03%
7.44% 7.45% 8.22%
7.60% 7.62% 7.68%
7.66% 7.50% 8.54%
7.28% 7.28% 7.83%
7.10% 7.19% 7.74%
6.66% 6.98% 8.13%
6.94% 7.12% 7.74%
6.60% 7.03% 7.54%
6.90% 7.29% 7.67%
6.82% 7.19% 7.43%
6.81% 7.06% 7.49%
6.71% 7.05% 7.15%
6.69% 6.87% 7.85%
6.76% 7.27% 7.53%
6.82% 7.10% 7.83%
6.83% 7.18% 7.46%
6.52% 7.14% 7.08%
6.47% 7.18% 7.30%
6.70% 7.00% 7.55%
6.77% 7.23% 6.86%
6.70% 7.25% 6.36%
6.49% 7.46% 6.41%
6.68% 7.07% 5.95%
6.43% 7.00% 5.77%
6.23% 7.00% 5.55%
6.22% 6.85% 6.85%
6.29% 6.83% 7.65%
6.53% 7.04% 7.36%
6.32% 6.87% 7.31%
6.50% 6.85% 6.96%
6.27% 6.72% 7.21%
6.16% 6.80% 7.45%
6.46% 6.80% 7.15%
6.45% 6.83% 6.92%
6.48% 6.73% 6.63%
6.74% 6.96% 6.58%
6.35% 6.58% 6.54%
6.45% 6.56% 6.68%
6.17% 6.50% 6.19%
6.18% 6.60% 5.91%
6.14% 6.58% 6.07%
6.13% 6.60% 5.66%
6.01% 6.72% 6.15%
6.07% 6.63% 6.11%
5.98% 6.49% 6.53%
5.95% 6.49% 5.81%
5.99% 6.43% 6.18%
5.91% 6.46% 6.49%
5.96% 6.43% 6.89%
5.89% 6.48% 6.85%
5.88% 6.53% 7.00%
5.93% 6.55% 6.55%
5.99% 6.52% 6.99%
5.92% 6.47% 6.83%
5.99% 6.42% 6.99%
5.96% 6.49% 7.03%
5.98% 6.63% 6.83%
5.98% 6.54% 6.89%
6.06% 6.48% 6.88%
6.07% 6.68% 6.65%
6.05% 6.65% 6.97%
6.09% 6.72% 7.11%
6.12% 6.80% 6.80%
6.20% 6.88% 7.02%
6.23% 6.87% 7.19%
6.19% 6.97% 7.26%
6.31% 7.09% 7.55%
6.35% 7.15% 7.11%
6.39% 6.91% 6.99%
6.33% 6.88% 6.80%
6.39% 7.06% 7.20%
6.44% 7.09% 6.99%
6.49% 7.13% 7.05%
6.45% 7.09% 6.80%
6.46% 7.08% 6.20%
6.45% 7.12% 6.10%
6.51% 7.24% 6.70%
6.52% 7.05% 6.86%
6.76% 7.37% 7.65%
6.82% 7.36% 7.38%
6.88% 7.46% 7.57%
6.86% 7.46% 7.72%
6.96% 7.42% 7.65%
6.94% 7.50% 7.98%
6.99% 7.48% 7.65%
7.01% 7.53% 7.65%
7.03% 7.54% 7.65%
7.12% 7.49% 7.51%
7.14% 7.58% 7.43%
7.05% 7.59% 7.62%
7.07% 7.59% 7.77%
7.11% 7.64% 7.24%
7.18% 7.73% 7.19%
7.21% 7.79% 6.72%
7.21% 7.69% 6.88%
7.18% 7.67% 8.00%
7.12% 7.75% 8.00%
7.17% 7.76% 8.17%
7.17% 7.87% 8.08%
7.28% 7.81% 7.99%
7.32% 7.77% 7.83%
7.26% 7.81% 8.30%
7.25% 7.86% 7.89%
7.32% 7.91% 7.93%
7.29% 7.96% 8.09%
7.44% 8.01% 8.01%
7.36% 7.94% 7.94%
7.34% 7.98% 8.32%
7.37% 7.93% 8.52%
7.42% 7.95% 8.69%
7.38% 8.01% 8.50%
7.38% 8.00% 8.72%
7.50% 8.09% 8.55%
7.64% 8.27% 8.94%
7.64% 8.16% 8.45%
7.79% 8.38% 8.96%
7.70% 8.26% 8.44%
7.73% 8.45% 8.61%
7.71% 8.45% 8.90%
7.73% 8.52% 8.88%
7.79% 8.39% 8.79%
7.76% 8.42% 8.81%
7.68% 8.48% 9.20%
7.68% 8.51% 8.29%
7.69% 8.29% 8.02%
7.67% 8.43% 8.29%
7.68% 8.41% 7.45%
7.72% 8.45% 7.14%
7.70% 8.32% 7.44%
7.61% 8.39% 7.70%
7.66% 8.31% 8.50%
7.72% 8.30% 8.35%
7.72% 8.37% 8.52%
7.77% 8.36% 8.85%
7.80% 8.15% 8.76%
7.80% 8.37% 8.52%
7.78% 8.26% 8.50%
7.75% 8.28% 8.43%
7.73% 8.23% 8.94%
7.87% 8.31% 7.95%
7.79% 8.44% 7.33%
7.91% 8.27% 7.14%
7.76% 8.50% 7.83%
7.89% 8.36% 6.71%
7.81% 8.36% 7.95%
7.90% 8.62% 7.66%
7.84% 8.47% 6.84%
7.73% 8.51% 7.90%
7.89% 8.55% 9.09%
7.80% 8.58% 8.54%
7.76% 8.49% 8.92%
7.87% 8.53% 8.50%
7.89% 8.50% 8.70%
7.75% 8.44% 8.76%
7.85% 8.56% 8.56%
7.77% 8.45% 8.38%
7.69% 8.37% 8.61%
7.81% 8.31% 8.48%
7.67% 8.43% 8.86%
7.71% 8.37% 8.59%
8.02% 8.54% 8.65%
7.70% 8.61% 9.00%
7.76% 8.50% 8.88%
7.98% 8.55% 8.94%
7.93% 8.57% 8.86%
8.01% 8.77% 8.91%
7.99% 8.53% 8.83%
7.90% 8.66% 9.12%
7.99% 8.68% 9.94%
7.96% 8.51% 8.77%
7.92% 8.59% 9.02%
7.88% 8.69% 9.01%
7.93% 8.71% 8.78%
8.01% 8.75% 8.87%
7.94% 8.55% 8.99%
7.85% 8.65% 8.88%
7.95% 8.60% 8.60%
7.96% 8.62% 7.31%
7.91% 8.58% 7.66%
7.82% 8.59% 8.43%
7.84% 8.63% 6.60%
7.75% 8.36% 8.14%
7.68% 8.50% 7.66%
7.77% 8.38% 8.56%
7.83% 8.52% 8.91%
7.78% 8.53% 9.34%
7.79% 8.42% 8.38%
7.76% 8.31% 8.54%
7.88% 8.52% 8.76%
7.87% 8.37% 9.25%
7.85% 8.44% 8.52%
7.87% 8.46% 7.93%
7.83% 8.29% 8.05%
7.81% 8.34% 8.03%
7.74% 8.36% 7.87%
7.80% 8.13% 7.48%
7.81% 8.37% 7.55%
7.78% 8.30% 7.57%
7.77% 8.41% 8.69%
7.75% 8.41% 8.24%
7.76% 8.34% 8.50%
7.81% 8.33% 8.58%
7.81% 8.26% 8.52%
7.79% 8.33% 9.18%
7.76% 8.39% 10.13%
7.71% 8.37% 8.63%
7.72% 8.37% 8.64%
7.68% 8.28% 9.49%
7.68% 8.30% 8.91%
7.68% 8.18% 8.33%
7.80% 8.20% 7.85%
7.75% 8.16% 8.54%
7.84% 8.34% 8.67%
7.77% 8.28% 9.54%
7.82% 8.24% 8.47%
7.69% 8.15% 11.49%
7.75% 8.25% 8.43%
7.78% 8.35% 8.07%
7.65% 8.22% 9.34%
7.60% 8.30% 8.41%
7.62% 8.41% 8.76%
7.70% 8.33% 8.55%
7.70% 8.53% 8.19%
7.73% 8.47% 8.33%
7.76% 8.50% 8.09%
7.72% 8.50% 8.24%
7.85% 8.61% 8.85%
7.91% 8.55% 8.11%
7.93% 8.62% 7.88%
7.91% 8.58% 7.98%
7.91% 8.61% 7.28%
7.90% 8.64% 7.72%
7.97% 8.67% 7.43%
7.84% 8.62% 7.78%
7.77% 8.77% 8.59%
7.91% 8.82% 8.91%
7.93% 8.64% 8.86%
7.96% 8.71% 8.73%
7.96% 8.60% 8.73%
7.94% 8.57% 9.02%
8.00% 8.56% 8.84%
7.82% 8.44% 8.79%
7.88% 8.38% 8.77%
7.73% 8.36% 9.35%
7.74% 8.51% 8.82%
7.74% 8.42% 8.69%
7.99% 8.46% 9.22%
8.16% 8.47% 9.04%
8.19% 8.59% 9.22%
8.21% 8.86% 9.58%
8.54% 8.92% 9.54%
8.69% 9.12% 9.52%
8.82% 9.05% 9.90%
9.01% 9.33% 9.75%
9.12% 9.46% 9.84%
9.24% 9.64% 10.51%
9.56% 9.97% 10.77%
9.75% 10.28% 10.48%
10.02% 10.49% 10.90%
10.27% 10.71% 11.30%
10.39% 10.98% 11.11%
10.41% 11.05% 11.46%
10.55% 11.06% 11.40%
10.62% 11.02% 11.49%
10.75% 11.19% 11.42%
10.79% 11.39% 11.17%
10.67% 11.15% 11.42%
10.82% 11.23% 11.51%
10.70% 11.52% 11.85%
10.87% 11.58% 11.91%
11.15% 11.66% 11.93%
11.30% 11.62% 11.91%
11.30% 11.90% 11.87%
11.47% 11.85% 11.99%
11.51% 11.86% 11.80%
11.36% 12.07% 12.28%
11.31% 11.96% 12.26%
11.48% 12.00% 12.22%
11.51% 11.97% 12.37%
11.44% 11.91% 12.29%
11.38% 12.01% 11.99%
11.58% 11.99% 12.18%
11.44% 12.01% 12.21%
11.38% 12.08% 12.59%
11.46% 12.24% 12.45%
11.54% 12.09% 12.35%
11.54% 12.47% 12.14%
11.56% 12.14% 12.94%
11.89% 12.56% 12.91%
11.96% 12.48% 12.59%
12.05% 12.82% 12.68%
12.07% 12.74% 13.04%
12.29% 12.79% 13.06%
12.46% 12.92% 13.36%
12.46% 12.93% 13.22%
12.53% 13.01% 13.93%
12.66% 13.01% 13.75%
12.76% 13.04% 14.03%
12.64% 12.98% 13.84%
12.66% 13.00% 13.61%
12.75% 12.94% 14.14%
12.75% 13.09% 14.18%
12.65% 13.16% 14.71%
12.64% 13.24% 14.74%
12.72% 13.20% 13.87%
12.73% 13.21% 13.92%
12.69% 12.97% 13.95%
12.74% 12.97% 13.65%
12.67% 13.04% 14.85%
12.71% 12.88% 13.93%
12.75% 13.20% 14.00%
12.82% 13.38% 14.01%
12.77% 13.68% 14.01%
12.93% 13.47% 14.08%
12.96% 13.39% 14.23%
12.96% 13.81% 14.60%
13.18% 13.77% 15.15%
13.10% 13.66% 14.23%
13.29% 13.71% 14.63%
13.43% 13.60% 14.62%
13.46% 13.89% 15.11%
13.37% 13.83% 14.73%
13.54% 13.91% 15.11%
13.39% 13.77% 15.47%
13.53% 13.50% 15.10%
13.54% 13.95% 14.14%
13.33% 13.83% 14.71%
13.35% 14.30% 14.51%
13.25% 14.21% 14.58%
13.23% 13.99% 14.66%
13.10% 13.67% 14.89%
13.10% 13.65% 14.41%
13.00% 13.76% 14.61%
13.00% 13.39% 14.87%
13.27% 13.36% 14.44%
12.95% 13.42% 14.08%
12.83% 13.63% 14.55%
12.85% 13.60% 14.16%
12.97% 13.54% 15.18%
12.87% 13.37% 15.09%
12.95% 13.30% 14.60%
13.01% 13.30% 15.02%
12.92% 13.32% 14.95%
12.64% 12.96% 13.83%
12.58% 13.02% 13.80%
12.48% 13.23% 13.88%
12.31% 13.16% 13.39%
12.29% 12.91% 14.00%
12.30% 13.02% 14.23%
12.30% 12.87% 13.70%
11.98% 12.62% 14.19%
12.27% 12.80% 13.36%
12.02% 12.63% 13.35%
11.97% 12.66% 12.83%
11.98% 12.65% 13.74%
11.99% 12.71% 13.05%
11.81% 12.73% 12.51%
11.82% 12.69% 12.81%
11.74% 12.63% 13.02%
11.67% 12.44% 12.66%
11.58% 12.32% 12.21%
11.53% 12.47% 13.06%
11.47% 12.47% 12.28%
11.28% 12.43% 12.52%
11.30% 12.38% 12.50%
11.29% 12.67% 12.93%
10.98% 11.92% 12.84%
10.86% 12.04% 11.97%
10.78% 12.16% 12.36%
10.43% 11.34% 12.13%
10.37% 11.19% 12.24%
10.03% 11.93% 10.94%
10.00% 11.16% 11.53%
10.59% 11.66% 12.05%
10.92% 12.21% 12.91%
12.15% 13.03% 14.09%
13.51% 14.35% 15.45%
14.60% 15.44% 16.03%
15.39% 16.19% 16.52%
15.75% 16.81% 17.03%
16.05% 17.04% 18.53%
16.71% 18.14% 18.43%
17.07% 18.33% 18.78%
17.47% 18.37% 19.26%
17.94% 18.34% 19.12%
18.23% 19.11% 20.20%
18.24% 19.19% 20.67%
18.10% 19.40% 20.69%
18.23% 19.94% 21.28%
18.12% 19.89% 20.44%
18.25% 19.38% 19.06%
18.03% 19.82% 18.47%
17.95% 19.96% 20.33%
18.08% 19.18% 20.67%
18.03% 19.66% 21.08%
18.22% 19.49% 19.71%
18.39% 19.95% 20.06%
18.67% 19.89% 20.34%
19.13% 19.98% 20.66%
19.25% 19.96% 20.58%
19.56% 20.13% 20.48%
19.19% 19.77% 20.59%
19.11% 19.49% 20.02%
18.59% 19.82% 19.31%
18.21% 18.65% 19.13%
17.79% 18.42% 20.04%
17.74% 18.30% 19.06%
17.90% 18.91% 19.88%
17.80% 18.95% 19.80%
18.12% 19.43% 19.57%
18.35% 19.70% 20.06%
19.22% 20.31% 20.92%
20.10% 21.61% 20.07%
21.13% 22.74% 22.34%
21.89% 23.16% 23.49%
22.52% 24.36% 24.52%
23.10% 24.82% 24.55%
24.06% 25.55% 25.57%
24.83% 25.54% 25.56%
24.90% 25.79% 26.44%
25.17% 26.98% 27.21%
27.04% 27.94% 29.18%
28.81% 29.98% 29.68%
30.14% 31.16% 30.00%
30.98% 31.60% 30.72%
31.96% 32.08% 31.81%
32.61% 33.04% 32.20%
33.22% 32.67% 31.98%
33.50% 32.73% 32.16%
33.77% 33.54% 33.37%
34.06% 32.80% 34.20%
34.33% 35.34% 34.79%
35.56% 36.19% 35.58%
35.96% 36.23% 33.67%
36.14% 36.87% 36.48%
36.30% 37.21% 36.56%
36.56% 37.00% 32.88%
36.20% 35.95% 32.82%
37.17% 37.99% 34.18%
37.09% 36.41% 33.95%
36.19% 37.44% 33.55%
36.76% 36.82% 34.06%
35.78% 36.23% 35.12%
35.13% 35.98% 34.14%
35.98% 37.65% 34.72%
36.93% 36.49% 33.51%
34.67% 34.38% 33.12%
33.69% 34.28% 33.03%
33.64% 33.52% 34.29%
33.91% 34.54% 35.38%
34.33% 34.35% 33.48%
35.14% 34.55% 33.59%
35.65% 35.52% 34.75%
36.11% 36.12% 35.66%
36.92% 36.34% 36.69%
37.00% 34.91% 35.94%
36.53% 33.64% 34.91%
37.57% 35.17% 33.90%
37.31% 34.37% 34.94%
36.68% 34.79% 33.09%
33.78% 31.66% 31.59%
31.62% 31.85% 30.84%
31.93% 31.47% 30.91%
31.35% 30.54% 32.84%
31.73% 31.57% 32.37%
31.03% 30.79% 31.53%
31.12% 30.16% 29.79%
30.88% 30.08% 29.22%
29.13% 29.30% 28.67%
29.39% 28.94% 28.97%
28.81% 28.60% 28.12%
28.30% 28.12% 27.93%
27.76% 26.92% 27.80%
27.06% 27.59% 27.35%
25.45% 26.20% 25.59%
25.22% 25.38% 25.46%
24.79% 25.49% 24.95%
24.58% 25.02% 24.80%
24.66% 25.09% 25.52%
24.57% 25.07% 25.45%
24.73% 24.93% 24.61%
24.35% 24.84% 25.47%
24.32% 25.01% 25.09%
24.28% 24.93% 25.47%
24.39% 24.95% 25.66%
24.46% 24.87% 25.51%
24.12% 24.56% 25.30%
24.09% 24.62% 25.29%
24.01% 24.38% 25.45%
23.93% 24.17% 24.72%
24.02% 24.20% 24.18%
23.54% 24.08% 24.06%
23.35% 23.80% 23.88%
22.95% 23.79% 24.25%
22.90% 23.62% 23.74%
22.87% 23.62% 23.85%
22.87% 23.72% 23.74%
22.83% 23.63% 24.15%
22.84% 23.73% 23.93%
22.94% 23.59% 25.12%
23.07% 23.45% 25.13%
23.01% 23.46% 24.03%
22.89% 23.43% 24.00%
22.97% 23.48% 24.22%
22.96% 23.52% 23.87%
23.08% 23.78% 24.72%
23.21% 23.74% 24.54%
23.36% 23.61% 24.81%
23.30% 23.74% 24.52%
23.21% 23.85% 24.38%
23.10% 23.91% 24.18%
23.31% 23.84% 24.24%
23.27% 23.79% 24.50%
23.28% 24.16% 23.66%
23.45% 23.96% 24.80%
23.60% 24.09% 25.17%
24.03% 24.73% 24.92%
24.33% 25.13% 25.40%
24.51% 25.42% 25.17%
24.68% 25.50% 25.62%
24.94% 25.53% 27.42%
25.21% 25.81% 25.60%
25.10% 25.71% 25.78%
25.44% 25.99% 26.36%
25.53% 26.20% 25.62%
25.66% 26.21% 27.19%
25.48% 26.21% 26.92%
25.25% 26.05% 26.91%
25.42% 26.16% 26.75%
25.53% 26.20% 26.33%
25.78% 26.70% 26.94%
26.13% 27.32% 29.77%
26.92% 27.76% 28.33%
27.22% 28.54% 29.07%
27.52% 27.98% 29.09%
27.88% 29.31% 30.04%
27.99% 29.38% 30.24%
28.17% 29.68% 30.40%
28.35% 29.88% 30.33%
28.60% 30.23% 31.23%
28.46% 30.28% 31.14%
28.56% 29.85% 30.94%
28.55% 30.33% 31.08%
28.61% 30.00% 32.05%
28.57% 30.35% 32.06%
28.79% 30.41% 30.36%
28.96% 30.49% 30.16%
28.63% 30.64% 30.60%
28.02% 30.64% 31.93%
28.36% 31.07% 31.21%
28.30% 31.32% 31.32%
28.98% 31.60% 31.47%
29.41% 31.65% 31.47%
29.59% 31.58% 32.51%
30.80% 32.08% 31.91%
31.74% 32.33% 32.08%
32.19% 32.50% 32.81%
32.50% 32.46% 32.98%
32.48% 32.31% 32.51%
32.48% 32.16% 32.47%
32.39% 33.19% 32.62%
32.71% 32.31% 33.09%
32.35% 31.24% 31.25%
32.00% 32.59% 32.77%
31.39% 31.74% 32.99%
31.09% 31.83% 32.39%
31.53% 32.31% 32.60%
32.03% 32.87% 32.71%
32.63% 33.48% 33.59%
33.18% 33.79% 34.19%
33.50% 34.01% 34.78%
33.67% 34.22% 34.35%
33.68% 34.12% 34.08%
33.74% 33.43% 33.40%
33.57% 33.93% 33.19%
33.48% 33.82% 34.03%
33.64% 34.17% 34.14%
33.19% 33.29% 33.64%
32.95% 33.49% 31.15%
33.34% 34.08% 33.50%
32.99% 34.13% 33.66%
33.07% 34.22% 34.24%
31.80% 32.52% 31.50%
31.90% 32.56% 32.72%
32.27% 32.99% 33.01%
33.22% 32.75% 32.09%
33.49% 33.27% 33.92%
33.50% 33.68% 33.11%
33.13% 33.39% 34.01%
34.43% 35.37% 35.33%
32.13% 33.36% 34.00%
30.12% 31.50% 31.31%
29.80% 31.57% 31.61%
29.39% 31.29% 32.26%
29.35% 30.91% 30.58%
29.22% 30.77% 32.16%
29.12% 30.89% 32.10%
28.98% 30.78% 30.65%
29.47% 31.53% 32.39%
30.13% 31.63% 32.93%
29.65% 32.72% 32.90%
29.96% 32.82% 33.24%
30.43% 31.82% 32.19%
30.09% 31.28% 31.06%
28.92% 30.31% 29.65%
28.68% 29.79% 29.62%
29.01% 30.61% 30.84%
29.34% 30.23% 29.50%
29.63% 29.96% 29.30%
29.78% 29.90% 30.16%
30.30% 30.16% 29.88%
30.20% 30.61% 31.28%
30.59% 30.49% 31.86%
31.95% 32.49% 32.41%
34.23% 34.82% 34.95%
34.58% 35.00% 35.27%
34.81% 35.16% 35.60%
34.55% 35.44% 34.19%
34.75% 34.21% 35.77%
34.76% 35.15% 33.44%
34.97% 35.48% 32.85%
35.95% 35.65% 33.15%
36.25% 36.05% 32.86%
35.55% 35.19% 33.33%
34.47% 33.94% 32.41%
34.26% 34.51% 34.01%
34.80% 34.82% 34.93%
35.38% 35.23% 34.87%
36.25% 35.87% 35.68%
35.40% 35.16% 32.68%
35.24% 35.37% 34.38%
35.34% 35.07% 36.61%
33.76% 33.96% 34.56%
32.53% 33.28% 30.74%
31.88% 32.55% 32.53%
31.92% 32.36% 32.58%
32.39% 33.06% 32.31%
33.03% 34.03% 31.03%
36.94% 35.85% 31.24%
38.06% 40.00% 35.78%
38.66% 40.25% 36.34%
37.77% 38.94% 36.46%
35.99% 38.03% 35.77%
37.32% 37.48% 36.98%
35.62% 37.86% 36.61%
34.78% 35.95% 36.45%
34.56% 36.85% 37.08%
33.90% 35.64% 36.65%
32.40% 32.97% 35.57%
32.62% 32.07% 35.48%
31.03% 32.54% 32.75%
30.55% 31.91% 32.00%
30.97% 31.20% 31.52%
30.69% 31.40% 30.56%
31.13% 31.38% 33.82%
31.10% 31.41% 32.20%
31.78% 31.39% 31.73%
31.13% 30.57% 33.06%
29.98% 29.95% 31.93%
29.32% 28.73% 31.60%
28.84% 29.21% 28.98%
28.48% 28.34% 29.79%
29.22% 29.18% 28.76%
29.92% 28.84% 32.52%
30.83% 29.44% 32.18%
29.02% 29.02% 32.25%
27.74% 27.97% 29.30%
26.59% 26.78% 27.59%
26.17% 26.50% 27.91%
25.65% 26.47% 27.51%
26.22% 26.43% 27.47%
26.45% 26.65% 27.50%
26.28% 26.55% 27.33%
25.45% 25.94% 26.94%
25.20% 25.74% 26.49%
25.29% 25.43% 25.96%
25.33% 25.88% 26.05%
25.10% 25.48% 26.80%
25.25% 25.62% 26.46%
25.37% 26.02% 26.68%
25.48% 26.03% 26.83%
25.40% 25.96% 26.21%
25.32% 25.96% 26.89%
25.23% 25.92% 26.84%
25.25% 25.97% 26.86%
25.22% 25.86% 26.29%
25.26% 26.14% 26.43%
25.37% 26.16% 26.87%
25.76% 26.64% 26.85%
26.68% 27.12% 27.47%
27.16% 27.24% 25.77%
26.90% 27.11% 28.63%
26.67% 27.70% 27.67%
25.88% 26.66% 27.19%
25.63% 26.49% 27.38%
25.59% 26.17% 26.80%
25.69% 26.18% 27.10%
25.33% 26.41% 27.34%
25.27% 25.98% 26.50%
24.97% 25.78% 26.60%
25.01% 25.36% 26.27%
25.09% 25.38% 26.25%
24.55% 25.29% 26.31%
24.63% 25.28% 26.50%
24.48% 25.00% 26.09%
24.32% 24.84% 25.41%
24.25% 24.92% 26.19%
24.27% 25.11% 25.62%
24.28% 24.86% 25.53%
24.34% 25.04% 25.18%
24.53% 25.15% 25.88%
24.60% 25.23% 26.43%
24.22% 25.61% 26.49%
25.37% 26.29% 26.54%
25.95% 26.18% 27.34%
25.77% 26.45% 27.18%
25.99% 26.49% 26.80%
26.41%
26.47%
26.74%
26.58%
26.21%
26.14%
26.42%
26.45%
26.39%
26.58%
26.96%
26.82%
26.90%
27.04%
26.90%
26.84%
26.58%
26.49%
26.45%
26.29%
25.85%
25.74%
25.95%
26.18%
26.86%
27.54%
27.67%
27.67%
27.12%
27.04%
26.97%
26.73%
26.92%
26.94%
27.24%
27.36%
28.14%
27.73%
27.20%
27.40%
27.16%
27.09%
27.67%
27.36%
26.03%
24.32%
23.07%
22.31%
21.98%
21.52%
21.83%
21.85%
22.25%
22.64%
23.05%
23.03%
23.50%
23.94%
24.18%
25.10%
25.93%
26.65%
26.30%
27.12%
27.69%
27.92%
28.40%
28.19%
28.56%
28.86%
28.90%
28.25%
28.75%
29.90%
31.25%
34.27%
35.98%
36.56%
36.58%
36.99%
37.86%
38.07%
38.23%
37.93%
37.63%
37.87%
38.02%
37.87%
38.16%
38.29%
38.92%
39.60%
39.12%
39.42%
39.16%
38.43%
38.10%
37.96%
37.89%
37.96%
37.25%
37.51%
37.28%
37.56%
37.05%
36.55%
35.11%
35.61%
35.81%
36.89%
36.96%
37.66%
38.29%
38.16%
37.98%
37.66%
37.07%
37.86%
37.05%
35.79%
34.94%
34.50%
35.11%
35.03%
35.22%
33.42%
33.85%
37.14%
38.58%
38.64%
38.89%
38.05%
38.13%
37.80%
37.45%
37.22%
37.44%
38.34%
38.19%
37.92%
37.98%
37.66%
38.10%
37.80%
37.39%
36.96%
37.45%
36.89%
37.08%
36.79%
37.32%
38.28%
37.96%
36.98%
37.05%
36.80%
36.41%
36.12%
35.95%
35.82%
35.96%
36.11%
35.43%
35.48%
35.72%
35.85%
35.49%
35.86%
35.41%
34.84%
34.73%
34.12%
34.22%
34.29%
34.06%
34.16%
34.07%
34.07%
34.11%
34.43%
34.86%
35.11%
35.47%
34.87%
34.57%
34.55%
34.71%
34.62%
34.72%
34.45%
34.92%
33.92%
33.71%
33.79%
33.49%
33.90%
33.47%
33.35%
33.86%
33.88%
33.93%
34.07%
34.10%
34.14%
34.07%
33.70%
33.71%
34.09%
33.78%
33.76%
33.76%
34.05%
33.21%
33.91%
33.81%
33.85%
34.02%
33.73%
33.58%
33.45%
33.69%
33.09%
33.08%
33.01%
33.19%
33.22%
32.94%
33.06%
32.64%
32.72%
32.30%
32.15%
32.14%
32.37%
32.27%
32.47%
32.07%
32.13%
32.05%
32.37%
32.28%
32.22%
32.22%
32.15%
30.91%
32.04%
32.10%
32.22%
32.37%
32.27%
32.03%
35.71%
35.81%
34.18%
35.27%
35.57%
35.32%
35.05%
34.78%
35.42%
34.82%
36.82%
36.51%
36.42%
36.18%
36.45%
36.48%
36.61%
36.70%
36.40%
36.58%
36.34%
36.54%
35.58%
35.40%
35.11%
34.37%
34.08%
33.69%
33.54%
33.35%
33.47%
33.16%
32.78%
32.69%
33.35%
33.97%
34.59%
35.14%
34.33%
34.45%
34.10%
33.25%
33.32%
32.99%
32.52%
31.83%
31.46%
31.48%
31.31%
31.21%
31.08%
31.19%
30.96%
31.00%
31.08%
31.19%
31.31%
31.24%
31.07%
30.87%
30.75%
30.86%
30.72%
30.56%
30.58%
30.52%
30.83%
30.82%
30.97%
30.91%
30.89%
30.87%
30.75%
30.62%
30.87%
30.40%
30.51%
30.31%
30.56%
30.59%
30.59%
30.52%
30.66%
31.38%
31.60%
32.03%
32.82%
32.75%
33.28%
33.42%
33.32%
33.52%
33.15%
32.52%
32.54%
32.25%
32.03%
31.77%
31.50%
31.39%
31.29%
31.22%
31.19%
31.39%
31.52%
31.83%
31.39%
31.49%
31.55%
31.77%
31.79%
31.86%
31.59%
30.89%
30.68%
30.65%
30.61%
30.76%
30.70%
30.49%
30.59%
30.55%
30.49%
30.33%
30.52%
30.49%
30.56%
30.54%
30.30%
30.58%
30.61%
30.61%
30.62%
30.68%
30.72%
31.32%
34.95%
36.36%
36.30%
35.99%
36.61%
36.31%
36.49%
36.62%
36.46%
36.43%
36.49%
35.89%
36.86%
36.71%
36.65%
36.37%
36.82%
36.77%
36.61%
36.26%
36.40%
36.62%
36.11%
36.31%
36.27%
36.68%
36.24%
36.33%
36.28%
36.12%
36.86%
36.45%
36.24%
36.20%
36.51%
36.42%
36.23%
36.01%
35.90%
35.81%
35.86%
35.73%
35.52%
36.18%
35.83%
35.80%
35.73%
36.03%
35.67%
35.96%
36.01%
35.87%
35.98%
36.31%
36.34%
36.43%
36.62%
36.26%
36.12%
36.01%
36.34%
36.14%
36.15%
35.89%
35.96%
35.86%
35.98%
36.14%
35.76%
36.21%
36.49%
35.68%
36.27%
35.96%
36.08%
35.98%
36.15%

36.43%
36.02%
36.05%
35.90%
35.92%
35.99%
35.77%

35.68%

35.57%
35.48%
35.86%
35.62%
35.42%
35.67%
35.26%
35.58%
35.45%
35.30%
35.54%
35.52%
35.13%
35.16%

35.40%

35.45%
35.57%
35.80%

35.90%
35.84%
35.95%
36.21%
36.45%
o/).

s, corporaciones y compañías de financiamiento comercial. El cálculo se realiza con información diaria de las captaciones realizadas el viernes de la semana anterior y de lu

cipal de Santafé de Bogotá. A partir de enero de 1989 los cálculos se realizan con base en la información de la encuesta diaria a bancos y corporaciones financieras de todo
efectúa la Superintendencia Financiera a bancos, corporaciones, compañías de financiamiento comercial y corporaciones de ahorro y vivienda del país. Desde mayo 3 de 2
io), y a partir de abril 1 de 2008 con información del Formato 441 (Tasas de Interés de Captación y Operaciones de Mercado Monetario). La fuente de la información de amb
TCC
3.04%
3.04%
3.04%
3.04%
3.04%
3.04%
4.01%
4.01%
4.10%
4.08%
4.14%
3.04%
4.15%
4.15%
4.15%
3.04%
4.09%
4.11%
3.04%
3.04%
3.04%
4.34%
4.39%
4.36%
4.31%
4.34%
4.15%
4.36%
3.04%
4.26%
3.04%
3.04%
3.04%
4.19%
4.41%
4.34%
4.46%
4.30%
4.36%
3.04%
3.04%
4.25%
3.04%
3.52%
3.54%
4.05%
3.54%
3.54%
3.54%
3.54%

3.54%
3.54%
3.54%
4.24%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
5.43%
3.54%
3.54%
3.54%
3.54%
5.33%
3.54%
3.54%
3.54%
0.00%
3.54%
3.54%
3.54%
5.78%
3.54%
3.54%
3.54%
3.54%
3.54%
5.94%
3.54%
3.54%

3.54%
6.08%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
6.08%
3.54%
6.09%
3.54%
3.54%
6.08%
3.54%
3.54%
4.76%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%
3.54%

3.54%
3.54%
3.29%
3.29%
5.41%
3.29%
3.29%
4.66%
3.29%
5.94%
3.29%
3.29%
3.29%
3.29%
3.29%
3.29%
3.29%
3.29%
3.29%
3.29%
4.05%
3.29%
3.29%
3.29%
3.29%
3.29%
5.87%
5.27%
3.29%
3.29%
4.24%
3.04%
3.04%
3.04%
3.04%
3.04%
3.04%
4.25%
4.20%
4.20%
3.04%
2.78%
3.89%
4.10%
2.78%
2.78%
2.78%
2.78%
2.94%
3.72%
3.74%
2.78%
2.78%
2.78%
2.78%
3.77%
2.78%
2.78%
3.48%
2.78%
2.96%
2.78%
3.63%
3.61%
2.78%
2.78%
2.78%
2.78%
3.45%
3.70%
2.91%
2.82%
3.59%
3.64%
3.63%
3.16%
2.78%
3.38%
3.27%
3.70%
3.69%
2.78%
3.69%
3.28%
2.79%
3.27%
3.06%
2.78%
3.66%
3.67%
3.49%
3.70%
3.71%
3.71%
3.69%
3.96%
3.86%
3.30%
3.49%
3.90%
3.86%
4.00%
4.36%
3.29%
4.04%
3.29%
3.29%
3.29%
4.08%
3.86%
3.77%
4.31%
4.00%
3.77%
3.66%
3.75%
3.44%
3.54%
4.66%
4.05%
4.71%
4.55%
4.82%
4.31%
4.31%
4.83%
5.22%
5.02%
4.56%
4.56%
4.56%
4.56%
4.62%
5.66%
4.56%
5.49%
5.04%
4.56%
5.80%
5.75%
6.04%
5.64%
5.57%
6.61%
6.59%
5.99%
7.25%
7.51%
7.44%
7.45%
6.59%
7.91%
6.59%
6.59%
9.08%
8.66%
6.59%
6.59%
6.59%
9.63%
10.22%
6.59%
6.59%

6.59%
6.59%

9.25%

9.30%

6.70%
8.50%

10.00%

8.80%
3.50%
3.02%
5.67%

8.24%
6.50%
6.50%
6.50%
6.50%
7.32%
6.50%
6.50%
8.51%
3.00%

6.50%

8.91%
3.39%
8.08%
6.35%
6.76%
10.74%
7.83%

6.50%
3.50%

8.50%

6.52%
8.08%

3.50%

6.87%
3.50%

8.50%
3.50%

5.34%

6.50%
8.08%
4.69%

6.88%
3.50%

8.35%
3.50%

6.06%
7.80%

6.20%

5.30%

3.64%
5.60%
8.67%
5.60%
6.08%
6.70%
6.70%
5.89%
6.50%

7.11%
6.95%
6.50%
6.50%
6.85%

6.65%

6.80%

6.60%
6.67%
6.88%
6.74%
6.70%
6.63%
6.71%
6.67%
6.77%
6.74%
6.69%
6.69%
7.14%
6.72%
6.89%
6.65%
6.76%
6.67%
6.74%
6.78%
6.75%
6.90%
7.04%
6.64%
6.64%
6.62%
6.53%
6.57%
6.51%
6.79%
6.50%
6.49%
6.68%
6.44%
6.50%
6.54%
5.89%
5.88%
5.93%
6.64%
6.74%
6.57%
6.92%
6.53%
6.53%
6.54%
6.54%
6.68%
6.60%
6.69%
6.72%
6.63%
6.74%
6.78%
6.90%
6.67%
6.75%
6.91%
6.77%
6.95%
6.70%
6.79%
6.94%
6.99%
6.99%
7.07%
7.17%
7.16%
7.35%
7.30%
7.22%
7.21%
7.27%
7.49%
7.42%
7.55%
7.63%
7.59%
7.57%
7.59%
7.76%
7.72%
7.64%
7.75%
7.71%
7.76%
7.83%
7.58%
7.88%
7.78%
7.94%
7.87%
7.97%
7.93%
7.96%
7.89%
7.92%
7.97%
7.80%
7.90%
7.90%
8.15%
8.23%
8.18%
8.11%
8.13%
8.37%
8.49%
8.42%
8.38%
8.18%
8.33%
8.23%
8.29%
8.24%
8.23%
8.31%
8.52%
8.34%
8.33%
8.42%
8.40%
8.44%
8.30%
8.41%
8.42%
8.59%
8.50%
8.79%
8.53%
8.73%
8.55%
8.62%
8.46%
8.51%
8.63%
8.43%
8.61%
8.62%
8.56%
8.65%
8.44%
8.39%
8.46%
8.60%
8.45%
8.35%
8.86%
8.52%
8.61%
8.78%
8.80%
8.62%
8.81%
8.62%
8.53%
8.51%
8.70%
8.71%
8.57%
8.76%
8.61%
8.64%
8.66%
8.69%
8.55%
8.64%
8.53%
8.37%
8.20%
8.43%
8.46%
8.47%
8.54%
8.46%
8.55%
8.49%
8.40%
8.49%
8.32%
8.46%
8.31%
8.43%
8.28%
8.40%
8.42%
8.47%
8.46%
8.47%
8.35%
8.35%
8.11%
8.17%
8.33%
8.12%
8.27%
8.05%
8.06%
8.25%
8.33%
8.19%
8.30%
8.00%
8.28%
8.26%
8.25%
8.16%
7.87%
8.18%
8.24%
8.28%
8.37%
8.27%
8.16%
8.53%
8.26%
8.36%
8.27%
8.19%
8.20%
8.26%
8.24%
8.36%
8.29%
8.48%
8.47%
8.41%
8.46%
8.15%
8.35%
8.07%
8.25%
8.22%
8.40%
8.62%
8.72%
9.58%
8.98%
9.33%
9.31%
9.24%
9.53%
9.65%
10.01%
10.35%
10.75%
10.82%
10.91%
10.85%
11.10%
11.28%
11.52%
11.35%
11.22%
11.12%
10.97%
11.51%
11.76%
11.85%
11.89%
12.12%
12.19%
12.06%
11.92%
12.39%
12.36%
11.95%
11.75%
11.98%
11.70%
11.85%
12.06%
12.21%
12.12%
12.51%
12.49%
12.49%
12.96%
12.84%
13.03%
12.77%
12.84%
13.04%
13.10%
13.39%
13.49%
13.07%
13.08%
13.19%
13.09%
13.03%
13.21%
13.71%
12.96%
12.98%
13.18%
13.15%
13.33%
13.35%
13.53%
14.05%
13.45%
13.55%
13.70%
13.55%
13.75%
13.64%
13.77%
13.54%
13.88%
13.82%
13.93%
14.42%
13.88%
13.80%
13.50%
13.93%
13.54%
13.51%
13.42%
13.22%
13.41%
13.33%
13.30%
13.27%
13.59%
13.42%
13.52%
13.51%
12.96%
13.00%
13.36%
12.81%
12.95%
12.75%
12.84%
12.65%
12.71%
12.53%
12.18%
12.34%
12.22%
12.18%
12.14%
12.57%
12.04%
12.26%
12.08%
11.91%
11.77%
11.73%
11.70%
11.61%
11.62%
11.24%
11.50%
10.98%
10.64%
10.77%
10.78%
11.38%
11.39%
12.88%
14.52%
15.62%
15.70%
16.83%
16.76%
17.17%
17.90%
17.68%
18.18%
18.75%
18.71%
18.63%
18.60%
18.48%
18.22%
18.22%
17.58%
17.92%
18.04%
17.98%
18.08%
19.00%
19.47%
20.05%
19.61%
18.99%
18.75%
18.74%
18.52%
18.08%
17.95%
17.95%
17.79%
17.82%
18.26%
19.04%
20.37%
20.42%
21.84%
22.24%
23.25%
23.76%
24.21%
24.59%
25.32%
26.23%
27.79%
29.40%
30.90%
31.66%
32.26%
32.32%
32.46%
33.12%
32.80%
34.30%
35.87%
36.25%
36.17%
36.40%
36.95%
36.98%
36.88%
36.36%
36.70%
36.67%
35.89%
35.59%
35.90%
36.85%
34.47%
32.97%
32.97%
33.62%
34.60%
34.94%
35.64%
36.97%
37.14%
36.45%
36.73%
37.66%
37.46%
36.85%
32.88%
30.73%
31.63%
31.23%
30.15%
30.03%
29.90%
30.64%
29.45%
28.13%
27.91%
27.72%
27.22%
25.29%
24.01%
24.33%
24.44%
23.61%
23.82%
24.06%
24.36%
24.08%
24.05%
24.29%
24.19%
24.15%
23.85%
23.64%
23.42%
23.48%
23.26%
22.99%
23.04%
22.63%
22.65%
22.72%
22.75%
22.84%
22.77%
22.83%
22.50%
22.66%
22.18%
22.21%
22.19%
22.19%
22.59%
22.45%
22.20%
22.61%
22.35%
22.63%
22.81%
22.82%
23.07%
23.30%
23.80%
24.01%
24.24%
24.47%
24.90%
24.97%
25.02%
25.18%
25.15%
25.25%
25.16%
24.98%
25.07%
25.23%
25.50%
25.84%
26.39%
26.73%
27.89%
27.82%
27.97%
28.07%
28.21%
28.29%
27.92%
28.07%
27.93%
28.27%
27.89%
28.06%
27.71%
27.76%
27.80%
28.31%
28.53%
28.88%
29.71%
30.23%
31.06%
31.67%
31.79%
32.13%
32.07%
32.01%
31.97%
32.02%
31.65%
31.36%
30.89%
31.09%
31.61%
32.15%
32.65%
33.10%
33.21%
33.41%
33.53%
33.78%
33.60%
33.64%
33.47%
33.18%
32.85%
33.19%
33.00%
32.22%
31.81%
31.83%
32.19%
32.59%
32.52%
32.81%
32.93%
34.06%
31.72%
29.88%
29.64%
29.42%
29.56%
29.54%
29.61%
29.80%
29.81%
30.23%
30.03%
30.13%
30.53%
30.11%
29.21%
29.17%
29.60%
29.53%
29.81%
29.96%
30.55%
30.59%
30.80%
31.83%
34.09%
34.85%
34.95%
35.05%
34.92%
34.76%
35.68%
36.20%
36.16%
36.40%
34.31%
34.43%
35.03%
35.67%
35.67%
35.52%
35.25%
35.24%
34.61%
33.39%
32.69%
32.50%
32.74%
34.43%
38.08%
38.69%
39.25%
37.73%
37.55%
37.76%
37.09%
35.52%
35.47%
34.80%
33.01%
32.59%
31.71%
30.95%
31.31%
31.20%
31.39%
31.88%
32.11%
32.40%
31.35%
29.59%
28.62%
28.55%
28.86%
29.63%
30.97%
29.18%
27.26%
26.78%
26.29%
26.08%
26.25%
26.16%
26.11%
25.70%
25.32%
25.19%
25.32%
24.84%
25.08%
25.15%
25.34%
25.28%
25.28%
25.13%
25.18%
25.17%
25.32%
25.21%
25.72%
26.74%
27.19%
27.33%
26.52%
26.06%
25.77%
25.77%
25.73%
25.66%
25.27%
25.13%
25.13%
25.17%
24.80%
24.48%
24.18%
24.03%
24.03%
24.06%
24.12%
24.31%
24.78%
24.63%
25.23%
25.49%
26.29%
26.10%
26.46%
26.23%
26.33%
26.52%
26.05%
25.87%
25.85%
26.10%
26.17%
26.12%
25.98%
27.08%
26.31%
26.78%
26.29%
26.02%
26.27%
26.07%
25.90%
25.82%
25.86%
25.43%
25.65%
25.75%
25.91%
27.00%
27.92%
27.85%
27.66%
27.23%
27.19%
27.08%
26.97%
27.19%
27.46%
27.65%
27.61%
28.04%
27.67%
27.34%
27.47%
27.54%
27.19%
27.32%
27.13%
26.49%
24.59%
22.34%
22.09%
21.71%
21.16%
21.72%
21.99%
22.37%
22.68%
23.28%
23.54%
24.31%
24.88%
25.54%
26.18%
26.72%
26.81%
27.28%
27.77%
28.11%
28.36%
28.55%
28.49%
28.67%
28.99%
29.45%
28.67%
30.10%
30.79%
33.18%
34.87%
36.82%
37.14%
37.32%
37.57%
38.44%
38.82%
38.80%
38.89%
38.76%
39.06%
39.01%
38.98%
39.44%
39.06%
40.11%
40.46%
40.59%
40.24%
40.23%
40.29%
40.26%
39.24%
40.00%
40.00%
40.66%
39.94%
40.23%
40.41%
39.39%
38.79%
37.81%
37.59%
37.51%
37.42%
38.38%
39.07%
39.44%
40.50%
41.18%
40.82%
41.12%
39.41%
39.85%
39.24%
37.72%
37.07%
36.67%
36.61%
36.48%
36.61%
36.51%
35.92%
40.70%
43.02%
41.84%
42.09%
41.32%
40.32%
40.09%
39.68%
39.66%
39.48%
40.01%
39.97%
39.97%
40.14%
39.94%
39.88%
40.15%
39.50%
39.03%
39.38%
38.71%
39.10%
38.92%
39.12%
40.33%
40.75%
39.97%
39.39%
38.49%
38.44%
38.08%
38.07%
37.90%
37.86%
37.81%
37.26%
37.37%
37.69%
37.68%
38.01%
38.29%
37.45%
36.86%
36.54%
35.95%
35.77%
35.51%
35.52%
34.53%
34.71%
35.00%
35.48%
36.24%
37.47%
37.75%
37.57%
37.13%
37.11%
37.17%
37.08%
36.89%
36.45%
36.30%
35.92%
35.68%
35.35%
35.17%
34.66%
34.71%
34.59%
34.84%
35.35%
35.57%
35.52%
35.71%
35.62%
35.67%
35.55%
35.74%
35.67%
35.64%
35.32%
35.35%
35.33%
35.40%
35.43%
35.22%
35.22%
35.23%
35.23%
35.38%
35.19%
34.87%
34.47%
33.97%
33.90%
34.14%
34.23%
33.93%
33.55%
32.64%
33.15%
33.04%
33.05%
33.04%
32.98%
33.05%
33.04%
33.04%
33.04%
33.02%
32.91%
33.04%
32.99%
32.88%
33.09%
33.31%
33.19%
33.09%
33.01%
33.06%
33.08%
33.19%
33.84%
37.26%
37.38%
37.56%
37.29%
36.74%
36.82%
36.71%
36.89%
36.96%
36.82%
36.51%
36.42%
36.18%
36.45%
36.48%
36.61%
36.70%
36.40%
36.58%
36.34%
36.54%
35.58%
35.40%
35.11%
34.37%
34.08%
33.69%
33.54%
33.35%
33.47%
33.16%
32.78%
32.69%
33.35%
33.97%
34.59%
35.14%
34.33%
34.45%
34.10%
33.25%
33.32%
32.99%
32.52%
31.83%
31.46%
31.48%
31.31%
31.21%
31.08%
31.19%
30.96%
31.00%
31.08%
31.19%
31.31%
31.24%
31.07%
30.87%
30.75%
30.86%
30.72%
30.56%
30.58%
30.52%
30.83%
30.82%
30.97%
30.91%
30.89%
30.87%
30.75%
30.62%
30.87%
30.40%
30.51%
30.31%
30.56%
30.59%
30.59%
30.52%
30.66%
31.38%
31.60%
32.03%
32.82%
32.75%
33.28%
33.42%
33.32%
33.52%
33.15%
32.52%
32.54%
32.25%
32.03%
31.77%
31.50%
31.39%
31.29%
31.22%
31.19%
31.39%
31.52%
31.83%
31.39%
31.49%
31.55%
31.77%
31.79%
31.86%
31.59%
30.89%
30.68%
30.65%
30.61%
30.76%
30.70%
30.49%
30.59%
30.55%
30.49%
30.33%
30.52%
30.49%
30.56%
30.54%
30.30%
30.58%
30.61%
30.61%
30.62%
30.68%
30.72%
31.32%
34.95%
36.36%
36.30%
35.99%
36.61%
36.31%
36.49%
36.62%
36.46%
36.43%
36.49%
35.89%
36.86%
36.71%
36.65%
36.37%
36.82%
36.77%
36.61%
36.26%
36.40%
36.62%
36.11%
36.31%
36.27%
36.68%
36.24%
36.33%
36.28%
36.12%
36.86%
36.45%
36.24%
36.20%
36.51%
36.42%
36.23%
36.01%
35.90%
35.81%
35.86%
35.73%
35.52%
36.18%
35.83%
35.80%
35.73%
36.03%
35.67%
35.96%
36.01%
35.87%
35.98%
36.31%
36.34%
36.43%
36.62%
36.26%
36.12%
36.01%
36.34%
36.14%
36.15%
35.89%
35.96%
35.86%
35.98%
36.14%
35.76%
36.21%
36.49%
35.68%
36.27%
35.96%
36.08%
35.98%

36.15%
36.43%
36.02%
36.05%
35.90%
35.92%
35.99%

35.77%

35.68%
35.57%
35.48%
35.86%
35.62%
35.42%
35.67%
35.26%
35.58%
35.45%
35.30%
35.54%
35.52%
35.13%

35.16%

35.40%
35.45%
35.57%
35.80%
35.90%

35.84%
35.95%
36.21%
36.45%

aciones realizadas el viernes de la semana anterior y de lunes a jueves de la semana vigente.

cuesta diaria a bancos y corporaciones financieras de todo el país, según circulares 022 y 042 de
aciones de ahorro y vivienda del país. Desde mayo 3 de 2002 hasta marzo 31 de 2008 los cálculos
e Mercado Monetario). La fuente de la información de ambos formatos, formato 133 y formato 441,
Fecha TRM
30/12/2013 1922.56
27/12/2013 1921.22

26/12/2013 1922.76 Promedio de TRM año 2013


24/12/2013 1925.45

23/12/2013 1935.93 https://www.grupoaval.com/wps/portal/grupo-aval/bienvenido/


20/12/2013 1943.46
19/12/2013 1945.60
18/12/2013 1936.14
17/12/2013 1934.95
16/12/2013 1930.87
13/12/2013 1935.89
12/12/2013 1935.61
11/12/2013 1933.52
10/12/2013 1932.71
9/12/2013 1936.33
6/12/2013 1940.26
5/12/2013 1948.48
4/12/2013 1941.01
3/12/2013 1934.16
2/12/2013 1931.88
29/11/2013 1928.25
28/11/2013 1928.25
27/11/2013 1926.74
26/11/2013 1926.99
25/11/2013 1929.13
22/11/2013 1932.42
21/11/2013 1923.19
20/11/2013 1919.20
19/11/2013 1915.37
18/11/2013 1919.89
15/11/2013 1929.24
14/11/2013 1932.03
13/11/2013 1928.96
12/11/2013 1932.77
8/11/2013 1924.87
7/11/2013 1916.80
6/11/2013 1916.22
5/11/2013 1901.22
1/11/2013 1889.16
31/10/2013 1884.06
30/10/2013 1883.42
29/10/2013 1884.43
28/10/2013 1882.34
25/10/2013 1882.11
24/10/2013 1883.14
23/10/2013 1879.46
22/10/2013 1885.52
21/10/2013 1879.88
18/10/2013 1879.48
17/10/2013 1880.91
16/10/2013 1883.70
15/10/2013 1883.65
11/10/2013 1885.84
10/10/2013 1894.06
9/10/2013 1889.17
8/10/2013 1885.19
7/10/2013 1886.78
4/10/2013 1889.95
3/10/2013 1884.97
2/10/2013 1893.77
1/10/2013 1908.29
30/09/2013 1914.65
27/09/2013 1899.10
26/09/2013 1893.42
25/09/2013 1888.14
24/09/2013 1892.89
23/09/2013 1889.12
20/09/2013 1887.30
19/09/2013 1911.30
18/09/2013 1914.12
17/09/2013 1917.03
16/09/2013 1919.54
13/09/2013 1919.25
12/09/2013 1923.64
11/09/2013 1935.55
10/09/2013 1946.06
9/09/2013 1947.99
6/09/2013 1952.11
5/09/2013 1938.99
4/09/2013 1946.28
3/09/2013 1935.43
2/09/2013 1935.43
30/08/2013 1943.04
29/08/2013 1939.85
28/08/2013 1938.26
27/08/2013 1922.96
26/08/2013 1911.16
23/08/2013 1921.99
22/08/2013 1929.75
21/08/2013 1922.73
20/08/2013 1907.06
16/08/2013 1901.03
15/08/2013 1883.15
14/08/2013 1882.36
13/08/2013 1868.90
12/08/2013 1873.92
9/08/2013 1877.23
8/08/2013 1882.01
6/08/2013 1883.24
5/08/2013 1891.67
2/08/2013 1896.65
1/08/2013 1896.15
31/07/2013 1890.33
30/07/2013 1888.95
29/07/2013 1886.26
26/07/2013 1887.40
25/07/2013 1891.02
24/07/2013 1886.06
23/07/2013 1880.87
22/07/2013 1884.01
19/07/2013 1883.29
18/07/2013 1873.25
17/07/2013 1878.42
16/07/2013 1893.16
15/07/2013 1905.25
12/07/2013 1910.79
11/07/2013 1920.24
10/07/2013 1920.12
9/07/2013 1926.84
8/07/2013 1927.40
5/07/2013 1915.45
4/07/2013 1915.45
3/07/2013 1919.42
2/07/2013 1929.00
28/06/2013 1922.63
27/06/2013 1921.86
26/06/2013 1928.27
25/06/2013 1942.97
24/06/2013 1941.06
21/06/2013 1937.26
20/06/2013 1900.87
19/06/2013 1902.47
18/06/2013 1883.57
17/06/2013 1882.38
14/06/2013 1895.01
13/06/2013 1897.53
12/06/2013 1907.12
11/06/2013 1898.80
7/06/2013 1907.88
6/06/2013 1899.08
5/06/2013 1894.40
4/06/2013 1907.76
31/05/2013 1891.48
30/05/2013 1894.13
29/05/2013 1897.10
28/05/2013 1874.10
27/05/2013 1874.10
24/05/2013 1864.02
23/05/2013 1850.55
22/05/2013 1846.76
21/05/2013 1842.59
20/05/2013 1841.35
17/05/2013 1838.82
16/05/2013 1843.75
15/05/2013 1838.63
14/05/2013 1834.83
10/05/2013 1833.07
9/05/2013 1830.70
8/05/2013 1827.13
7/05/2013 1831.42
6/05/2013 1835.88
3/05/2013 1836.34
2/05/2013 1825.83
30/04/2013 1828.79
29/04/2013 1833.70
26/04/2013 1830.84
25/04/2013 1836.79
24/04/2013 1838.03
23/04/2013 1841.14
22/04/2013 1835.57
19/04/2013 1847.02
18/04/2013 1846.46
17/04/2013 1833.98
16/04/2013 1834.86
15/04/2013 1827.79
12/04/2013 1823.84
11/04/2013 1821.20
10/04/2013 1813.11
9/04/2013 1817.66
8/04/2013 1826.88
5/04/2013 1829.01
4/04/2013 1819.93
3/04/2013 1817.14
2/04/2013 1823.12
1/04/2013 1832.20
27/03/2013 1828.95
26/03/2013 1825.79
22/03/2013 1822.78
21/03/2013 1812.35
20/03/2013 1809.83
19/03/2013 1809.58
15/03/2013 1797.28
15/03/2013 1804.06
14/03/2013 1798.56
13/03/2013 1801.64
12/03/2013 1801.20
11/03/2013 1800.45
8/03/2013 1803.65
7/03/2013 1808.00
6/03/2013 1809.65
5/03/2013 1813.53
4/03/2013 1816.48
1/03/2013 1814.28
28/02/2013 1816.42
27/02/2013 1818.54
26/02/2013 1806.11
25/02/2013 1800.70
22/02/2013 1798.21
21/02/2013 1791.33
20/02/2013 1794.63
19/02/2013 1785.41
18/02/2013 1785.41
15/02/2013 1783.19
14/02/2013 1777.72
13/02/2013 1783.20
12/02/2013 1784.71
11/02/2013 1790.61
8/02/2013 1795.21
7/02/2013 1791.24
6/02/2013 1789.09
5/02/2013 1785.92
4/02/2013 1776.20
1/02/2013 1775.65
31/01/2013 1773.24
30/01/2013 1776.09
29/01/2013 1779.84
28/01/2013 1779.25
25/01/2013 1779.73
24/01/2013 1778.69
23/01/2013 1776.96
22/01/2013 1767.74
21/01/2013 1767.74
18/01/2013 1767.78
17/01/2013 1775.15
16/01/2013 1769.88
15/01/2013 1758.45
14/01/2013 1762.38
11/01/2013 1761.50
10/01/2013 1767.96
9/01/2013 1771.31
8/01/2013 1767.54
4/01/2013 1760.83
3/01/2013 1759.97
2/01/2013 1768.23
1868.66

m/wps/portal/grupo-aval/bienvenido/portal-financiero-web/
Beta Damodarán

Betas by Sector
Data Used: S&P Capital IQ, Bloomberg and the Fed (US companies)

Date of Analysis: Data used is as of January 2014

Download as an excel file instead: http://www.stern.nyu.edu/~adamoda

can be obtained by clicking here

on which companies are included in each industry

Industry Name Number of firms Beta


Advertising 65 1.03
Aerospace/Defense 95 1.01
Air Transport 25 0.94
Apparel 70 1.15
Auto & Truck 26 1.28
Auto Parts 75 1.46
Bank 7 0.72
Banks (Regional) 721 0.58
Beverage 47 1.42
Beverage (Alcoholic) 19 1.14
Biotechnology 349 1.12
Broadcasting 30 1.53
Brokerage & Investment Banking 49 1.11
Building Materials 37 1.27
Business & Consumer Services 179 0.90
Cable TV 16 0.97
Chemical (Basic) 47 1.01
Chemical (Diversified) [1] 10 1.42
Chemical (Specialty) 100 1.01
Coal & Related Energy 45 1.28
Computer Services 129 0.92
Computer Software 273 1.07
Computers/Peripherals 66 1.15
Construction 18 0.96
Diversified 20 0.77
Educational Services 40 1.24
Electrical Equipment 135 1.14
Electronics 191 1.02
Electronics (Consumer & Office) 26 1.37
Engineering 56 1.20
Entertainment 85 1.19
Environmental & Waste Services 108 1.13
Farming/Agriculture 29 0.79

Page 193
Beta Damodarán

Financial Svcs. 76 0.99


Financial Svcs. (Non-bank & Insurance) 17 1.05
Food Processing 97 0.85
Food Wholesalers 18 1.18
Furn/Home Furnishings 36 1.24
Healthcare Equipment 193 0.85
Healthcare Facilities 47 1.13
Healthcare Products 58 1.00
Healthcare Services 126 0.83
Heathcare Information and Technology 125 0.99
Heavy Construction 46 1.67
Homebuilding 32 1.71
Hotel/Gaming 89 1.27
Household Products 139 1.00
Information Services 71 0.84
Insurance (General) 26 0.92
Insurance (Life) 27 1.21
Insurance (Prop/Cas.) 53 0.76
Internet software and services 330 1.05
Investment Co. 65 0.82
Machinery 141 1.04
Metals & Mining 134 1.26
Office Equipment & Services 30 1.14
Oil/Gas (Integrated) 8 1.00
Oil/Gas (Production and Exploration) 411 1.24
Oil/Gas Distribution 80 0.82
Oilfield Svcs/Equip. 163 1.30
Packaging & Container 24 0.99
Paper/Forest Products 21 1.34
Pharma & Drugs 138 1.10
Power 106 0.68
Precious Metals 166 1.33
Publshing & Newspapers 52 1.08
R.E.I.T. 46 0.78
Railroad 10 1.08
Real Estate (Development) 22 0.99
Real Estate (General/Diversified) 11 0.72
Real Estate (Operations & Services) 47 1.40
Recreation 70 1.30
Reinsurance 3 0.56
Restaurant 84 0.86
Retail (Automotive) 30 1.15
Retail (Building Supply) 7 1.07
Retail (Distributors) 87 1.00
Retail (General) 21 0.98
Retail (Grocery and Food) 21 0.81
Retail (Internet) 47 1.03
Retail (Special Lines) 137 0.99
Rubber& Tires 4 1.27
Semiconductor 104 1.19

Page 194
Beta Damodarán

Semiconductor Equip 51 1.25


Shipbuilding & Marine 14 1.50
Shoe 14 0.83
Steel 37 1.19
Telecom (Wireless) 28 0.68
Telecom. Equipment 131 1.14
Telecom. Services 82 0.94
Thrift 223 0.53
Tobacco 12 0.94
Transportation 22 1.01
Trucking 28 1.17
Utility (General) 20 0.56
Utility (Water) 20 0.75
Total Market 7766 1.01

Beta Desapalancada ENKA [1]

Page 195
Beta Damodarán

http://www.stern.nyu.edu/~adamodar/pc/datasets/betas.xls

n each industry

D/E Ratio Tax rate Unlevered beta Cash/Firm value


52.57% 6.04% 0.69 5.91%
18.99% 15.03% 0.87 6.24%
109.48% 13.79% 0.48 6.92%
21.33% 10.29% 0.96 2.99%
97.56% 4.71% 0.66 8.48%
32.00% 9.43% 1.13 8.04%
84.19% 22.17% 0.43 10.94%
72.00% 18.00% 0.37 13.80%
22.16% 3.95% 1.17 5.06%
27.56% 10.72% 0.91 1.38%
9.15% 1.13% 1.02 4.39%
48.49% 13.21% 1.08 2.31%
400.56% 13.44% 0.25 24.39%
30.05% 16.33% 1.02 5.04%
29.23% 13.41% 0.72 4.33%
49.23% 15.00% 0.69 2.58%
29.67% 6.27% 0.79 7.19%
33.39% 25.03% 1.13 6.82%
16.30% 12.74% 0.89 6.25%
86.63% 2.44% 0.69 5.86%
20.48% 9.94% 0.78 5.48%
8.68% 6.16% 0.99 5.50%
8.83% 5.66% 1.06 5.92%
30.47% 9.82% 0.75 1.89%
94.47% 12.60% 0.42 2.27%
39.03% 11.84% 0.92 11.98%
13.74% 7.49% 1.01 5.37%
16.01% 7.52% 0.89 10.69%
40.30% 8.97% 1.00 6.97%
22.72% 14.86% 1.01 11.21%
25.98% 4.85% 0.95 4.05%
43.59% 5.02% 0.80 1.42%
41.12% 9.01% 0.58 7.63%

Page 196
Beta Damodarán

102.12% 18.37% 0.54 7.22%


331.47% 9.77% 0.26 7.85%
27.92% 14.00% 0.69 3.10%
16.79% 10.69% 1.02 1.71%
27.66% 10.03% 0.99 3.88%
17.26% 5.80% 0.73 5.20%
120.90% 13.49% 0.55 1.22%
19.80% 8.76% 0.85 4.28%
27.93% 13.77% 0.67 6.54%
14.52% 6.09% 0.87 4.88%
56.30% 19.40% 1.15 5.54%
56.61% 6.68% 1.12 9.15%
52.33% 10.48% 0.87 3.84%
19.33% 9.51% 0.86 3.52%
10.63% 17.05% 0.77 3.84%
46.14% 19.19% 0.67 5.04%
66.67% 17.82% 0.78 10.41%
34.98% 19.42% 0.60 5.47%
4.16% 4.59% 1.01 3.98%
104.40% 6.62% 0.41 11.38%
17.50% 13.02% 0.91 5.90%
48.21% 1.90% 0.86 5.37%
55.08% 12.81% 0.77 5.45%
8.54% 20.55% 0.94 3.09%
156.15% 6.29% 0.50 1.76%
51.93% 4.18% 0.55 1.12%
20.29% 10.73% 1.10 5.69%
49.19% 21.28% 0.71 3.31%
51.99% 8.20% 0.90 3.12%
13.87% 4.30% 0.97 5.15%
85.11% 16.03% 0.40 2.05%
37.02% 0.82% 0.98 10.57%
36.82% 13.92% 0.82 6.06%
569.79% 2.48% 0.12 2.40%
23.69% 20.51% 0.91 1.61%
24.90% 3.00% 0.80 6.27%
17.30% 8.72% 0.62 0.69%
59.57% 8.56% 0.91 3.25%
25.13% 8.81% 1.06 4.22%
38.50% 13.34% 0.42 10.46%
27.57% 15.17% 0.69 2.56%
57.51% 19.23% 0.79 2.25%
22.18% 21.97% 0.91 2.89%
43.82% 16.18% 0.73 1.86%
35.62% 25.03% 0.77 3.19%
56.86% 22.83% 0.57 1.72%
5.06% 9.80% 0.99 3.03%
37.80% 18.90% 0.75 3.20%
109.78% 15.21% 0.66 17.50%
13.02% 7.30% 1.06 6.34%

Page 197
Beta Damodarán

16.97% 5.13% 1.08 10.97%


65.35% 4.99% 0.92 2.28%
7.89% 19.82% 0.78 3.53%
45.91% 14.13% 0.85 6.31%
105.14% 11.54% 0.35 5.15%
10.77% 6.90% 1.04 6.36%
71.23% 8.40% 0.57 9.63%
NA 18.93% 0.01 1.88%
20.83% 14.23% 0.80 3.80%
20.75% 21.21% 0.86 5.60%
78.48% 27.93% 0.75 2.92%
69.35% 29.93% 0.38 0.97%
57.90% 14.52% 0.50 0.55%
74.28% 10.32% 0.60 5.24%

1.13

Page 198
Beta Damodarán

Unlevered beta corrected for cash


0.73
0.92
0.52
0.99
0.72
1.23
0.49
0.43
1.24
0.93
1.07
1.10
0.33
1.07
0.75
0.71
0.85
1.22
0.95
0.73
0.82
1.04
1.13
0.77
0.43
1.04
1.07
1.00
1.08
1.13
0.99
0.81
0.63

Page 199
Beta Damodarán

0.58
0.29
0.71
1.04
1.03
0.77
0.56
0.89
0.72
0.92
1.22
1.23
0.90
0.89
0.81
0.71
0.87
0.63
1.05
0.47
0.96
0.90
0.82
0.97
0.51
0.55
1.17
0.73
0.93
1.03
0.40
1.09
0.87
0.12
0.92
0.85
0.62
0.94
1.11
0.47
0.71
0.80
0.94
0.74
0.80
0.58
1.02
0.78
0.80
1.14

Page 200
Beta Damodarán

1.21
0.94
0.81
0.91
0.37
1.11
0.63
NA
0.83
0.92
0.77
0.38
0.50
0.64

Page 201

También podría gustarte