usarefCountriesHonduras › Tasa de Política Monetaria (TPM)

Honduras policy interest rate

Banco Central de Honduras (BCH) monetary policy rate: the maximum rate the BCH accepts on liquidity-absorbing auction bids and minimum on liquidity-providing offers, and the reference rate for interbank operations. Set by the BCH Directorio on recommendation of the Comisión de Operaciones de Mercado Abierto (COMA).

Current value5.75 percent
In force from2024-10-28
Official sourceBanco Central de Honduras, Resolución No. 456-10/2024 (24-Oct-2024, notificada por Circular D-30/2024); vigencia confirmada en Programa Monetario 2026-2027, BCH, abril 2026 (tabla p.12: TPM 5.75% en abr-25, dic-25 y abr-26)
Last verified2026-07-20
Verificationprimary — No verification limitation recorded — read from the official source cited.
Provenancesource fingerprint

What this value means

TPM raised +175bp from 4.00% to 5.75% effective Monday 2024-10-28 (Resolución 456-10/2024, adopted 24-Oct-2024, notified to the financial system via Circular D-30/2024), an adjustment tied to Honduras' IMF program. Held at 5.75% ever since: the BCH's own Programa Monetario 2026-2027 (official PDF, data to 20-Apr-2026, loaded directly) shows TPM at 5.75% in Apr-2025, Dec-2025 and Apr-2026, and Honduran press (Hondudiario, Infobae, 1-3 Jul 2026) report COMA again held 5.75% at its late-June/July 2026 review citing alignment with the Fed and the Middle East fuel shock — the COMA comunicado itself is not at a stable fetchable URL. BCH inflation tolerance range: 4.0% +/- 1.0pp. Access quirk: the bch.hn TPM landing page (politica-institucional/politica-monetaria/tasa-de-politica-monetaria) renders the current value dynamically and returns only definitional text to scrapers; several older bch.hn paths 404 — use the /estadisticos/ PDF tree. Prior level was 4.00% (itself raised from the post-COVID 3.00% during 2024); exact effective date of the 4.00% step not re-verified against a primary instrument, so history is left empty rather than guessed.

Get it programmatically

curl https://usaref.dev/v1/hn/policy-rate
# $0.001 per call — x402 on Base (USDC). No key, no signup.
# History:    curl https://usaref.dev/v1/hn/policy-rate/history?from=2020-01-01
# Provenance: curl https://usaref.dev/provenance/hn/policy-rate

Other Honduras series: VAT rate · minimum wage · public holidays · inflation rate (CPI) · corporate tax rate · income tax rates