Weekly Information Summary (June 11, 2026) — BCRP — PE

Weekly Information Summary
June 11, 2026

CONTENTS

Trade balance for April 2026 ix
Formal employment for April 2026 xi
Non-financial public sector operations for May 2026 xiii
Interbank interest rate in soles xv
BCRP operations xvi
Short-term yield curves xix
Public Treasury bonds xx
International reserves xx
International markets xxi

Metal prices decrease in international markets xxi Corn price decreases in international markets xxii The dollar remains stable in international markets xxiii Country risk stood at 109 basis points xxiv US Treasuries yield stood at 4.50 percent xxiv

Lima Stock Exchange indices xxv

TRADE BALANCE FOR APRIL 2026
The accumulated trade surplus over the last twelve months reached USD 43,049 million as of April 2026.

On a monthly basis, a trade surplus of USD 3,304 million was recorded in April, which was USD 1,626 million higher than in the same month of 2025.

Exports in April totaled USD 9,329 million, which was 51.1 percent higher compared to the same month in 2025, due to a 33 percent increase in the average price of exports abroad, as well as a 13.7 percent growth in export volume.

[Chart: Trade Balance (Accumulated last 12 months, millions USD)] Source: SUNAT and BCRP.

Weekly Information Summary: June 11, 2026 x

In April, traditional product exports totaled USD 7,544 million, representing a 68.8 percent year-over-year increase, associated with the rise in export prices of main metals, especially copper and gold.

Compared to the same month in 2025, exports of non-traditional products abroad rose 3.4 percent to USD 1,745 million, due to the increase in the average export price, a behavior shared by all sectors, except the fishing sector.

Imports rose 34 percent to USD 6,025 million in April, mainly reflecting an increase in volumes of durable consumer goods, petroleum-derived goods, and capital goods.

[Table: Trade Balance (Millions USD)]
Source: SUNAT and BCRP.
1/ Copper, zinc, and molybdenum exports have been estimated based on exports reported to MINEM, in cases of companies that having made shipments still do not appear in the export registry.

Weekly Information Summary: June 11, 2026 xi

In April, terms of trade registered an annual increase of 20.9 percent compared to the same month in 2025, driven by a 33 percent increase in export prices.

FORMAL EMPLOYMENT FOR APRIL 2026
In April 2026, total formal employment nationwide increased by 4 percent year-over-year, adding 254 thousand jobs compared to April 2025.

[Table: Imports by use or economic destination (Millions USD)] Source: ZofraTacna, MEF and SUNAT.

Weekly Information Summary: June 11, 2026 xii

Formal jobs in the private sector increased by 5 percent compared to the previous year's April.

The services, commerce, and agricultural sectors added the largest number of formal jobs in the month, 88, 49, and 29 thousand, respectively.

[Chart: Total formal jobs (Electronic payroll, 12-month % Var.)] [Chart: Formal jobs in the private sector (Electronic payroll, 12-month % Var.)]

[Table: Formal jobs in the private sector (Thousands of jobs)] Source: SUNAT.
1/ Includes processing and preservation of fruits and vegetables.

Weekly Information Summary: June 11, 2026 xiii

In April, the total wage bill in real terms increased by 7.6 percent compared to April 2025, associated with the increase in remuneration and jobs.

The private sector's wage bill in real terms increased by 7.1 percent year-over-year in April, mainly due to the services and mining sectors.

NON-FINANCIAL PUBLIC SECTOR OPERATIONS FOR MAY 2026 Based on preliminary information, between April and May 2026, the accumulated fiscal deficit over the last twelve months was estimated at 1.6 percent of GDP, both due to the increase in current revenues and the reduction of non-financial expenditures.

[Chart: Total formal wage bill (Electronic payroll, annual real % Var.)] [Chart: Private sector formal wage bill (Electronic payroll, annual real % Var.)]

Weekly Information Summary: June 11, 2026 xiv

In May 2026, the non-financial public sector would have registered an economic surplus of S/ 1,186 million, in contrast to the fiscal deficit of S/ 1,736 million in the same month of 2025 due to higher General Government revenues. Year-to-date, the non-financial public sector would be accumulating a surplus of S/ 10,037 million, higher than that recorded in the same period of 2025 (S/ 4,274 million).

[Chart: Economic result of the non-financial public sector (Accumulated last 12 months - % GDP)]

Preliminary.

[Table: Non-Financial Public Sector Operations 1/ (Millions S/)] Source: MEF, BN, Sunat, EsSalud, public benefit societies, and state-owned companies.
1/ Preliminary.
2/ Includes capital revenues of the General Government and primary result of state-owned companies.

Weekly Information Summary: June 11, 2026 xv

General government current revenues increased by 21.3 percent year-over-year in May 2026, mainly due to higher tax collection, particularly income tax, IGV, and Special Mining Tax – IEM. The 20 percent increase in non-tax revenues corresponded mainly to mining royalty revenues.

General government non-financial expenditure in May 2026 increased by 3.9 percent year-over-year, across all three levels of government. By expenditure item, this increase corresponded to current expenditure, which expanded by 8.2 percent, in all three items comprising it, mainly in the acquisition of goods and services, while a reduction in capital expenditure was observed.

INTERBANK INTEREST RATE IN SOLES
From June 4 to 10, 2026, the average interbank interest rate in soles was 4.25 percent annually, while in dollars it was 3.75 percent annually.

As of June 10, 2026, the 90-day corporate preferred interest rate – charged to the lowest-risk companies – in soles was 4.63 percent annually, and in dollars, 3.70 percent annually.

At the same date, the corporate preferred interest rate for 180-day loans in soles was 4.77 percent annually, and this rate in dollars was 3.91 percent annually.

[Chart: 90-day corporate preferred interest rate in soles (%)] [Chart: 180-day corporate preferred interest rate in soles (%)]

Weekly Information Summary: June 11, 2026 xvi

As of June 10, the corporate preferred interest rate for 360-day loans in soles was 4.89 percent annually and in dollars was 4.21 percent annually.

BCRP OPERATIONS
The monetary operations of the Central Reserve Bank of Peru (BCRP) from June 3 to 9, 2026, were as follows:

Liquidity injection operations:
Securities repos corresponded to 1-day operations for S/ 2,200 million (June 3), 1-day for S/ 1,500 million (June 4), 1-day for S/ 1,700 million (June 5), 1-day for S/ 1,000 million (June 8), 1-day for S/ 500 million (June 9), 1-month for S/ 80 million (June 5), and 3-months for S/ 500 million (June 5). As of June 9, the balance was S/ 5,635 million, with an average interest rate of 4.53 percent. Of this last balance, S/ 235 million corresponded to operations with AFPs.
Regular currency repos: As of June 9, the balance of regular currency repos was S/ 1,100 million, with an average interest rate of 4.76 percent.
Public Treasury Deposit auctions corresponded to 6-month terms for S/ 300 million (June 5) and 12-month terms for S/ 200 million (June 5), which were awarded at an average interest rate of 4.61 percent. As of June 9, the balance was S/ 6,742 million, with an average interest rate of 4.54 percent.
Liquidity sterilization operations:
BCRP CDs: The balance as of June 9 was S/ 37,760 million, with an average interest rate of 4.03 percent.

Weekly Information Summary: June 11, 2026 xvii

Overnight deposits: As of June 9, the balance of this instrument was S/ 137 million, with an average interest rate of 2.25 percent.
Time deposits: As of June 9, the balance of time deposits was S/ 2,400 million, with an average interest rate of 4.20 percent.

In the exchange operations from June 3 to 9, 2026, the BCRP bought USD 245 million in the Negotiation Desk and placed BCRP CDs with dollar payment equivalent to USD 760 million. Sale currency swaps for USD 172 million were placed and USD 286 million matured, which includes the early maturity of USD 184 million of said instrument. Additionally, USD 95 million of Purchase Currency Swaps were placed.

i. Foreign currency operations in the spot market: The BCRP bought USD 245 million in the spot market. This operation was carried out on June 9.
ii. BCRP CDs with dollar payment: As of June 9, the balance of this instrument was S/ 4,331 million (USD 1,263 million), with an average interest rate of 4.11 percent.
iii. Sale currency swaps: The balance of this instrument as of June 9 was S/ 6,681 million (USD 1,924 million), with an average interest rate of 2.77 percent.
iv. Purchase currency swaps: The balance of this instrument as of June 9 was S/ 1,720 million (USD 505 million), with an average interest rate of 2.39 percent.

As of June 9, 2026, primary issuance decreased by S/ 1,810 million compared to June 2, 2026, and increased by S/ 12,517 million compared to the end of 2025.

In the last week, as of June 9, the BCRP's sterilization operations were the net maturity of Securities Repo (S/ 3,322 million), the net placement of BCRP CDs (S/ 1,362 million), and the net placement of Time Deposits and Window Overnight (S/ 1,021 million). These operations were partially compensated by the net placement of Currency Repo (S/ 200 million).

Year-to-date 2026, the BCRP's liquidity injection operations were the net maturities of Time Deposits and Window Overnight (S/ 11,084 million) and the net placement of Public Treasury Deposit Auctions (S/ 1,513 million). These operations were partially compensated by the net maturity of Securities Repo (S/ 7,565 million), the net maturity of Currency Repo (S/ 700 million), and the net placement of BCRP CDs (S/ 635 million).

In the last 12 months, primary issuance increased by 18.3 percent, mainly as a consequence of a 16.9 percent increase in demand for banknotes and coins.

Weekly Information Summary: June 11, 2026 xviii

The interbank selling exchange rate closed at S/ 3.3920 per dollar on June 9, 0.56 percent lower than the quote on June 2, accumulating a depreciation of the sol of 0.83 percent compared to the end of 2025. Year-to-date 2026, the BCRP has carried out spot purchase operations in the negotiation desk for USD 3,706 million, has placed BCRP CDs with dollar payment equivalent to USD 3,491 million, and has carried out net placements of Purchase Currency Swaps for USD 505 million. Additionally, sale currency swaps have been auctioned for USD 4,996 million, with the balance of these operations reduced by USD 3,940 million.

[Table: Monetary Accounts of the Central Reserve Bank of Peru (Millions S/)] 2/. As of June 9, 2026.
3/ Includes SDR allocations, Public Treasury Global Bonds, and Repo Operations to provide Foreign Currency.
1/ Isolates valuation effects due to exchange rate fluctuations. The variation in the balance in soles may differ from the flows due to this valuation effect.
4/ Includes BCRP CDs with dollar payment.
5/ Includes BCRP values and bonds issued by the Public Treasury, which the BCRP acquires in the secondary market in accordance with Article 61.

Weekly Information Summary: June 11, 2026 xix

SHORT-TERM YIELD CURVES
On June 10, 2026, the BCRP CD yield curve recorded, compared to June 3, lower rates for 3, 6, and 9-month terms; similar for the 12-month term and higher for the 18-month term.

[Chart: Nominal exchange rate indices (December 2018 = 100)] [Chart: BCRP CD yield curve (%)]

Weekly Information Summary: June 11, 2026 xx

PUBLIC TREASURY BONDS
For terms from 2 years, markets take the yields of Public Treasury bonds as a reference. On June 10, 2026, the interest rates of sovereign bonds, compared to those of June 3, were lower for all terms.

INTERNATIONAL RESERVES
International reserves consist of diversified investments in liquid international assets and contribute to the country's economic and financial stability.

As of June 9, 2026, Net International Reserves totaled USD 100,214 million and its current level is equivalent to 28 percent of GDP.

The Exchange Position as of June 9, 2026 reached the value of USD 67,762 million, USD 6,261 million higher than that recorded at the end of 2025.

[Chart: Treasury bond yield curve (%)]
[Chart: Net International Reserves (Millions USD)]

Weekly Information Summary: June 11, 2026 xxi

INTERNATIONAL MARKETS
Metal prices decrease in international markets From June 3 to 10, the price of copper fell 4 percent to USD/lb. 6.06. The drop was explained by the deterioration of demand prospects due to volatility in the Middle East conflict and by lower copper imports from China in May.

The price of zinc fell 3.8 percent to USD/lb. 1.58 between June 3 and 10. The price reduction was associated with profit-taking and prospects of lower demand amid greater uncertainty in the Middle East.

[Chart: Copper quote (ctv. USD/lb.)]
[Chart: Zinc quote (ctv. USD/lb.)]

Weekly Information Summary: June 11, 2026 xxii

In the same period, the price of gold decreased 8.2 percent to USD/oz.tr. 4,072.3. The drop reflected the appreciation of the dollar against its main counterparts and higher expectations of a restrictive monetary policy in major central banks.

The WTI oil price fell 6.6 percent between June 3 and 10, reaching USD/bl. 90.0. This drop was supported by a greater flow of ships through the Strait of Hormuz, despite the continuation of geopolitical uncertainty.

Corn price decreases in international markets
The price of corn in international markets decreased 12.5 percent between June 3 and 10, reaching USD/ton 228.5. The drop was due to increased supply from the harvest in the Southern Hemisphere and lower demand from China.

The dollar remains stable in international markets The US dollar index (DXY) remained stable between June 3 and 10, closing at 104.5. The dollar maintained its strength against major currencies, supported by expectations of a prolonged restrictive monetary policy by the Federal Reserve.

Country risk stood at 109 basis points
The country risk (EMBI+) stood at 109 basis points as of June 10, 2026, a decrease of 5 basis points compared to the previous week. This level reflects the improved external position and fiscal discipline.

US Treasuries yield stood at 4.50 percent
The yield of the 10-year US Treasury bond stood at 4.50 percent as of June 10, 2026, a decrease of 3 basis points compared to the previous week. The yield curve remained inverted, reflecting expectations of economic slowdown and persistent inflation.

Lima Stock Exchange indices
The Lima Stock Exchange General Index (S&P/BVL Peru General Index) closed at 22,450 points on June 10, 2026, a decrease of 1.2 percent compared to the previous week. The mining sector weighed on the index due to the drop in metal prices, while the banking sector remained stable.

[Chart: Net International Reserves (Millions USD)] [Chart: Exchange Position (Millions USD)] [Chart: Copper quote (ctv. USD/lb.)] [Chart: Zinc quote (ctv. USD/lb.)] [Chart: Gold quote (ctv. USD/oz.tr.)] [Chart: WTI Oil quote (ctv. USD/bl.)] [Chart: Corn quote (ctv. USD/ton)] [Chart: US Dollar Index (DXY)] [Chart: Country Risk (EMBI+)] [Chart: 10-Year US Treasury Yield] [Chart: Lima Stock Exchange General Index]

Weekly Information Summary: June 11, 2026 xxiii