Monto $ 150,000,000

Tasa 6.17% EA
0.50% Mensual
Incremento $ 12,000 Mensual
1era cuota $ 12,844,822.69

Periodo Cuota Interes Abono a Capital Saldo

0 $ 150,000,000.00
1 $ 12,844,822.69 $ 750,262.54 $ 12,094,560.15 $ 137,905,439.85
2 $ 12,856,822.69 $ 689,768.57 $ 12,167,054.12 $ 125,738,385.74
3 $ 12,868,822.69 $ 628,912.01 $ 12,239,910.68 $ 113,498,475.06
4 $ 12,880,822.69 $ 567,691.03 $ 12,313,131.66 $ 101,185,343.40
5 $ 12,892,822.69 $ 506,103.82 $ 12,386,718.87 $ 88,798,624.53
6 $ 12,904,822.69 $ 444,148.55 $ 12,460,674.14 $ 76,337,950.38
7 $ 12,916,822.69 $ 381,823.37 $ 12,534,999.32 $ 63,802,951.06
8 $ 12,928,822.69 $ 319,126.43 $ 12,609,696.26 $ 51,193,254.80
9 $ 12,940,822.69 $ 256,055.88 $ 12,684,766.81 $ 38,508,487.99
10 $ 12,952,822.69 $ 192,609.84 $ 12,760,212.85 $ 25,748,275.14
11 $ 12,964,822.69 $ 128,786.44 $ 12,836,036.25 $ 12,912,238.89
12 $ 12,976,822.69 $ 64,583.79 $ 12,912,238.89 $ 0.00
Monto $ 260,000,000
Tasa 12.00% AMV
1.00% Mensual
Incremento 3.00% Mensual
1era cuota $ 19,601,162

Periodo Cuota Interes Abono a Capital Saldo

0 $ 260,000,000.00
1 $ 19,601,162.01 ### $ 17,001,162.01 $ 242,998,837.99
2 $ 20,189,196.87 ### $ 17,759,208.49 $ 225,239,629.51
3 $ 20,794,872.77 ### $ 18,542,476.48 $ 206,697,153.03
4 $ 21,418,718.95 ### $ 19,351,747.42 $ 187,345,405.61
5 $ 22,061,280.52 ### $ 20,187,826.47 $ 167,157,579.14
6 $ 22,723,118.94 ### $ 21,051,543.15 $ 146,106,035.99
7 $ 23,404,812.51 ### $ 21,943,752.15 $ 124,162,283.85
8 $ 24,106,956.88 ### $ 22,865,334.04 $ 101,296,949.80
9 $ 24,830,165.59 ### $ 23,817,196.09 $ 77,479,753.71
10 $ 25,575,070.56 $ 774,797.54 $ 24,800,273.02 $ 52,679,480.69
11 $ 26,342,322.67 $ 526,794.81 $ 25,815,527.87 $ 26,863,952.83
12 $ 27,132,592.35 $ 268,639.53 $ 26,863,952.83 $ 0.00
Monto $ 345,000,000
Tasa 1.10% Mensual
Incremento 3.00% Mensual
Abono a Capital $ 28,750,000

Periodo Cuota Interes Abono a Capital Saldo

0 $ 345,000,000.00
1 $ 32,545,000.00 $ 3,795,000.00 $ 28,750,000.00 $ 316,250,000.00
2 $ 32,228,750.00 $ 3,478,750.00 $ 28,750,000.00 $ 287,500,000.00
3 $ 31,912,500.00 $ 3,162,500.00 $ 28,750,000.00 $ 258,750,000.00
4 $ 31,596,250.00 $ 2,846,250.00 $ 28,750,000.00 $ 230,000,000.00
5 $ 31,280,000.00 $ 2,530,000.00 $ 28,750,000.00 $ 201,250,000.00
6 $ 30,963,750.00 $ 2,213,750.00 $ 28,750,000.00 $ 172,500,000.00
7 $ 30,647,500.00 $ 1,897,500.00 $ 28,750,000.00 $ 143,750,000.00
8 $ 30,331,250.00 $ 1,581,250.00 $ 28,750,000.00 $ 115,000,000.00
9 $ 30,015,000.00 $ 1,265,000.00 $ 28,750,000.00 $ 86,250,000.00
10 $ 29,698,750.00 $ 948,750.00 $ 28,750,000.00 $ 57,500,000.00
11 $ 29,382,500.00 $ 632,500.00 $ 28,750,000.00 $ 28,750,000.00
12 $ 29,066,250.00 $ 316,250.00 $ 28,750,000.00 $ 0.00
Monto $ 380,000,000
Tasa 16.80% AMV
1.40% MV
4.26% TV
VP Abonos $ 18,039,206
Monto-VPAbonos $ 361,960,794
Cuota $ 32,978,199.27

Periodo Cuota Interes Abono a Capital Abonos Extras Saldo

0 $ 380,000,000.00
1 $ 32,978,199.27 $ 5,320,000.00 $ 27,658,199.27 $ 0.00 $ 352,341,800.73
2 $ 32,978,199.27 $ 4,932,785.21 $ 28,045,414.06 $ 0.00 $ 324,296,386.66
3 $ 32,978,199.27 $ 4,540,149.41 $ 28,438,049.86 $ 5,000,000.00 $ 290,858,336.80
4 $ 32,978,199.27 $ 4,072,016.72 $ 28,906,182.56 $ 0.00 $ 261,952,154.25
5 $ 32,978,199.27 $ 3,667,330.16 $ 29,310,869.11 $ 0.00 $ 232,641,285.13
6 $ 32,978,199.27 $ 3,256,977.99 $ 29,721,221.28 $ 5,000,000.00 $ 197,920,063.85
7 $ 32,978,199.27 $ 2,770,880.89 $ 30,207,318.38 $ 0.00 $ 167,712,745.47
8 $ 32,978,199.27 $ 2,347,978.44 $ 30,630,220.84 $ 0.00 $ 137,082,524.64
9 $ 32,978,199.27 $ 1,919,155.34 $ 31,059,043.93 $ 5,000,000.00 $ 101,023,480.71
10 $ 32,978,199.27 $ 1,414,328.73 $ 31,563,870.54 $ 0.00 $ 69,459,610.17
11 $ 32,978,199.27 $ 972,434.54 $ 32,005,764.73 $ 0.00 $ 37,453,845.44
12 $ 32,978,199.27 $ 524,353.84 $ 32,453,845.44 $ 5,000,000.00 $ 0.00
1235
Tasa 6% EA
0.49% MV

Fecha Periodo Empresa I Empresa II Empresa III Empresa IV Deposito (reinversion)

6/30/2013 0
7/30/2013 1 $ 12,844,822.69 $ 19,601,162.01 $ 32,545,000.00 $ 32,978,199.27 $ 97,969,183.97
8/30/2013 2 $ 12,856,822.69 $ 20,189,196.87 $ 32,228,750.00 $ 32,978,199.27 $ 98,252,968.83
9/30/2013 3 $ 12,868,822.69 $ 20,794,872.77 $ 31,912,500.00 $ 37,978,199.27 $ 103,554,394.73
10/30/2013 4 $ 12,880,822.69 $ 21,418,718.95 $ 31,596,250.00 $ 32,978,199.27 $ 98,873,990.92
11/30/2013 5 $ 12,892,822.69 $ 22,061,280.52 $ 31,280,000.00 $ 32,978,199.27 $ 99,212,302.49
12/30/2013 6 $ 12,904,822.69 $ 22,723,118.94 $ 30,963,750.00 $ 37,978,199.27 $ 104,569,890.90
1/30/2014 7 $ 12,916,822.69 $ 23,404,812.51 $ 30,647,500.00 $ 32,978,199.27 $ 99,947,334.47
2/28/2014 8 $ 12,928,822.69 $ 24,106,956.88 $ 30,331,250.00 $ 32,978,199.27 $ 100,345,228.84
3/30/2014 9 $ 12,940,822.69 $ 24,830,165.59 $ 30,015,000.00 $ 37,978,199.27 $ 105,764,187.55
4/30/2014 10 $ 12,952,822.69 $ 25,575,070.56 $ 29,698,750.00 $ 32,978,199.27 $ 101,204,842.52
5/30/2014 11 $ 12,964,822.69 $ 26,342,322.67 $ 29,382,500.00 $ 32,978,199.27 $ 101,667,844.63
6/30/2014 12 $ 12,976,822.69 $ 27,132,592.35 $ 29,066,250.00 $ 37,978,199.27 $ 107,153,864.32
7/30/2014 13 0
8/30/2014 14 0
9/30/2014 15 0
10/30/2014 16 0
11/30/2014 17 0
12/30/2014 18 0
 Interes Monto acumulado
$ 0.00
$ 0.00 $ 97,969,183.97
$ 476,869.96 $ 196,699,022.75
$ 957,442.44 $ 301,210,859.92
$ 1,466,159.09 $ 401,551,009.93
$ 1,954,569.85 $ 502,717,882.26
$ 2,447,004.71 $ 609,734,777.88
$ 2,967,914.86 $ 712,650,027.21
$ 3,468,860.04 $ 816,464,116.09
$ 3,974,180.37 $ 926,202,484.01
$ 4,508,337.42 $ 1,031,915,663.96
$ 5,022,901.67 $ 1,138,606,410.27
$ 5,542,224.28 $ 1,251,302,498.86
$ 6,090,778.19 $ 1,257,393,277.04
$ 6,120,425.36 $ 1,263,513,702.40
$ 6,150,216.84 $ 1,269,663,919.24
$ 6,180,153.33 $ 1,275,844,072.56
$ 6,210,235.54 $ 1,282,054,308.10
$ 6,240,464.17 $ 1,288,294,772.27 Monto acumulado
Monto a invertir $ 1,288,294,772.27 COP
Tasa 3% EA en JPY
0.25% MV en JPY Rentabilidad 37.02%

TC 19.8191 COP/JPY
DEV COP/JPY 33.03% Anual
2.41% Mensual

Monto a invertir 65,002,687.93 JPY

Capitalizacion JPY
Fecha Periodo Deposito Interes Saldo acumuladoTC proyectado
12/30/2014 0 65,002,687.93 - 65,002,687.93 19.8191
1/30/2015 1 - 160,314.16 65,163,002.09 20.2961
2/28/2015 2 - 160,709.54 65,323,711.63 20.7846
3/30/2015 3 - 161,105.90 65,484,817.53 21.2849
4/30/2015 4 - 161,503.23 65,646,320.75 21.7972
5/30/2015 5 - 161,901.54 65,808,222.29 22.3218
6/30/2015 6 - 162,300.83 65,970,523.12 22.8591
7/30/2015 7 - 162,701.11 66,133,224.23 23.4093
8/30/2015 8 - 163,102.37 66,296,326.60 23.9727
9/30/2015 9 - 163,504.63 66,459,831.23 24.5497
10/30/2015 10 - 163,907.87 66,623,739.10 25.1406
11/30/2015 11 - 164,312.11 66,788,051.21 25.7457
12/30/2015 12 - 164,717.35 66,952,768.56 26.3653
EA en COP

Capitalizacion COP
Deposito Interes Saldo acumulado
$ 1,288,294,772 $ - $ 1,288,294,772.27
$ - $ 3,253,756 $ 1,322,556,230.53
$ - $ 3,340,288 $ 1,357,728,852.55
$ - $ 3,429,121 $ 1,393,836,870.22
$ - $ 3,520,316 $ 1,430,905,159.85
$ - $ 3,613,937 $ 1,468,959,259.31
$ - $ 3,710,047 $ 1,508,025,385.65
$ - $ 3,808,714 $ 1,548,130,453.15
$ - $ 3,910,005 $ 1,589,302,091.84
$ - $ 4,013,989 $ 1,631,568,666.58
$ - $ 4,120,739 $ 1,674,959,296.55
$ - $ 4,230,327 $ 1,719,503,875.36
$ - $ 4,342,830 $ 1,765,233,091.62 Monto acumulado en COP
Monto $ 1,765,233,092
Tasa IPC + 5.50%
Abono no Prog $ 441,308,272.91 En el mes 5
Abono a Capital 1$ 196,137,010.18
Abono a Capital 2 $ 85,809,941.95

Fecha IPC EA Spread EA IPC+Spread EA IPC+Spread MV Periodo

2015-12 6.77% 5.50% 12.64% 1.00% 0
2016-01 7.45% 5.50% 13.36% 1.05% 1
2016-02 7.59% 5.50% 13.51% 1.06% 2
2016-03 7.98% 5.50% 13.91% 1.09% 3
2016-04 7.93% 5.50% 13.87% 1.09% 4
2016-05 8.20% 5.50% 14.15% 1.11% 5
2016-06 8.60% 5.50% 14.58% 1.14% 6
2016-07 8.97% 5.50% 14.96% 1.17% 7
2016-08 8.10% 5.50% 14.04% 1.10% 8
2016-09 7.27% 5.50% 13.17% 1.04% 9
 Cuota Interes Abono a Capital Abono extra Saldo
$ 1,765,233,091.62
$ 213,735,122.37 $ 17,598,112.19 $ 196,137,010.18 $ 1,569,096,081.44
$ 212,625,365.16 $ 16,488,354.98 $ 196,137,010.18 $ 1,372,959,071.26
$ 210,712,838.71 $ 14,575,828.53 $ 196,137,010.18 $ 1,176,822,061.08
$ 208,982,601.51 $ 12,845,591.33 $ 196,137,010.18 $ 980,685,050.90
$ 206,807,974.48 $ 10,670,964.30 $ 196,137,010.18 $ 441,308,272.91 $ 343,239,767.82
$ 89,615,854.11 $ 3,805,912.15 $ 85,809,941.95 $ 257,429,825.86
$ 88,745,424.29 $ 2,935,482.33 $ 85,809,941.95 $ 171,619,883.91
$ 87,815,185.29 $ 2,005,243.34 $ 85,809,941.95 $ 85,809,941.95
$ 86,754,758.68 $ 944,816.73 $ 85,809,941.95 $ 0.00
ndice de precios al consumidor (IPC)
1.3.1. Serie total nacional para un rango de fechas dado_periodicidad mensual

Informacin disponible desde julio

de 1954.
Base diciembre 2008 = 100.

Banco de la Repblica - Gerencia

Tcnica - informacin extrada de la
bodega de datos -Serankua- el

Ao(aaaa)-Mes(mm) Variacin Variacin ao Variacin

IPC mensual corrido anual
2013-01 112.14896 0.30% 0.30% 2.00%
2013-02 112.64705 0.44% 0.74% 1.83%
2013-03 112.87881 0.21% 0.95% 1.91%
2013-04 113.16432 0.25% 1.21% 2.02%
2013-05 113.47973 0.28% 1.49% 2.00%
2013-06 113.74622 0.23% 1.73% 2.16%
2013-07 113.79727 0.04% 1.77% 2.22%
2013-08 113.89218 0.08% 1.86% 2.27%
2013-09 114.22579 0.29% 2.16% 2.27%
2013-10 113.92928 -0.26% 1.89% 1.84%
2013-11 113.68292 -0.22% 1.67% 1.76%
2013-12 113.98254 0.26% 1.94% 1.94%
2014-01 114.53678 0.49% 0.49% 2.13%
2014-02 115.25924 0.63% 1.12% 2.32%
2014-03 115.71358 0.39% 1.52% 2.51%
2014-04 116.24321 0.46% 1.98% 2.72%
2014-05 116.80555 0.48% 2.48% 2.93%
2014-06 116.91441 0.09% 2.57% 2.79%
2014-07 117.09130 0.15% 2.73% 2.89%
2014-08 117.32919 0.20% 2.94% 3.02%
2014-09 117.48858 0.14% 3.08% 2.86%
2014-10 117.68219 0.16% 3.25% 3.29%
2014-11 117.83730 0.13% 3.38% 3.65%
2014-12 118.15166 0.27% 3.66% 3.66%
2015-01 118.91290 0.64% 0.64% 3.82%
2015-02 120.27993 1.15% 1.80% 4.36%
2015-03 120.98456 0.59% 2.40% 4.56%
2015-04 121.63437 0.54% 2.95% 4.64%
2015-05 121.95433 0.26% 3.22% 4.41%
2015-06 122.08236 0.10% 3.33% 4.42%
2015-07 122.30851 0.19% 3.52% 4.46%
2015-08 122.89561 0.48% 4.02% 4.74%
2015-09 123.77501 0.72% 4.76% 5.35%
2015-10 124.61929 0.68% 5.47% 5.89%
2015-11 125.37075 0.60% 6.11% 6.39%
2015-12 126.14945 0.62% 6.77% 6.77%
2016-01 127.77754 1.29% 1.29% 7.45%
2016-02 129.41261 1.28% 2.59% 7.59%
2016-03 130.63385 0.94% 3.55% 7.98%
2016-04 131.28192 0.50% 4.07% 7.93%
2016-05 131.95119 0.51% 4.60% 8.20%
2016-06 132.58412 0.48% 5.10% 8.60%
2016-07 133.27352 0.52% 5.65% 8.97%
2016-08 132.84716 -0.32% 5.31% 8.10%
2016-09 132.77698 -0.05% 5.25% 7.27%
2016-10 132.69744 -0.06% 5.19% 6.48%
2016-11 132.84598 0.11% 5.31% 5.96%
2016-12 133.39977 0.42% 5.75% 5.75%
2017-01 134.76594 1.02% 1.02% 5.47%
2017-02 136.12133 1.01% 2.04% 5.18%
2017-03 136.75543 0.47% 2.52% 4.69%
2017-04 137.40327 0.47% 3.00% 4.66%
2017-05 137.71286 0.23% 3.23% 4.37%
2017-06 137.87074 0.11% 3.35% 3.99%
2017-07 137.80022 -0.05% 3.30% 3.40%
2017-08 137.99321 0.14% 3.44% 3.87%
2017-09 138.04879 0.04% 3.49% 3.97%
Fuente: Departamento Administrativo Nacional de Estadstica - DANE (www.dane.gov.co).

Nota: hasta diciembre de 1978 el IPC corresponde al empalme realizado por el DANE, tomando el promedio ponderado del nd

Banco de la Repblica - Gerencia Tcnica - informacin extrada de la bodega de datos -Serankua- el 06/11/2017 12
el promedio ponderado del ndice de precios al consumidor de ingresos medios (33%) e ingresos bajos (67%). A partir de 1979 el IPC prese

-Serankua- el 06/11/2017 12:21:43