Finance and markets | 14 November 2026. Paraguay's central bank announced on 13 November a temporary reduction in bank reserve requirements, approved on 12 November, allowing banks and finance companies to buy or repurchase certificates of deposit and financial bonds held by brokerage firms and investment funds. The decision addresses liquidity constraints in specific capital market segments.
Changes in reserve rates
Guaraní deposits at sight and up to 360 days move from 18% to 13% for November 2026–January 2027. US dollar deposits for 361–540 days move from 16.5% to 11.5%. The official statement specifies 20% for dollar deposits up to 360 days, whereas Resolution 12 provides for 19% in November–January and 20% from February: this discrepancy is explicitly acknowledged pending clarification.
Restricted use
Released reserve funds are restricted to purchasing or repurchasing eligible securities in brokerage and fund portfolios, rather than unrestricted lending. Requirements are scheduled to return gradually to previous levels through June 2027.
Radar analysis
The mechanism offers a targeted liquidity channel between banks and capital markets. It does not prove systemic bank distress or guarantee immediate fund redemptions. Its results will depend on completed purchases and settlements.
