Inflation rebound in January boosts interest in CDs as a savings alternative

CDs, in some cases, reached levels close to 12% effective annual. Photo: Image generated with artificial intelligence-CHATGPT

Inflation rebound in January boosts interest in CDs as a savings alternative

TL;DR

  • Colombia's annual inflation rate rose to 5.35% in January 2026, with a monthly increase of 1.18%.
  • The Banco de la República increased its reference interest rate to 10.25% to combat inflation.
  • Interest rates on Certificates of Deposit (CDTs) have risen, some reaching nearly 12% effective annual yield.
  • Positive real returns are now possible for savers as CDT yields exceed the inflation rate.
  • CDTs are presented as a low-risk savings alternative in an uncertain economic environment.