##HTML## IVP: Average value index. It is one of the indexation systems authorized by the CBCh for money credit transactions in domestic currency performed by banking and financial institutions, and savings and loans cooperatives. This value index is indexed daily as from the tenth day of each month and until the ninth day of the following month to the geometric average rate of variation of the consumer price index (CPI) during the six calendar months preceding the period for which this index is being determined. Further methodological background of this value index may be found in Chapter II.B.3 of the Compendium of Financial Regulations (CNF), available in the CBCh´s website: [a href=web www.bcentral.cl target="_blank"] web www.bcentral.cl [/a]
