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​​​​Special and temporary medium-term financing facility, ODP*

* (Deferred Term Operations, whose acronym in Spanish is ODP)
In a session held on September 2, 2020, the Board of Directors of the Banco Central de Costa Rica (BCCR) approved the creation of a special medium-term credit facility for financial intermediaries regulated by the General Superintendency of Financial Entities (Sugef).​

The new instrument seeks to mitigate the economic impact of the pandemic on consumption, production and employment, thus contributing to reducing the permanent consequences of the crisis on the well-being of families and on the business community. The global amount of the facility is ₡700 billion, which was calibrated to allow meeting proposed objectives without compromising the Central Bank's inflation target.​

​​2 years plan matrix4 yeras plan matrix

​R​eport on Deferred Term Operations (ODP)​