The Chile Financial Market Commission has approved a revised methodology for calculating the Current and Maximum Conventional Interest Rates, the reference rates it determines under Law No. 18,010 using information on interest rates charged by Chilean banks on domestic operations. The updated approach is intended to strengthen the robustness and transparency of the calculation and is based on data submitted through File D35, with the methodology to be made available for public knowledge. The new calculation methodology takes effect from February 2026.
Chile Financial Market Commission 2025-12-30
Chile Financial Market Commission approves new methodology for calculating current and maximum conventional interest rates effective February 2026
The Chile Financial Market Commission has approved a revised methodology for calculating the Current and Maximum Conventional Interest Rates under Law No. 18,010. The update aims to enhance robustness and transparency using data from File D35, with the methodology publicly available. The new calculation method will be implemented from February 2026.