Costa Rica: Central Bank Aggressively Selling Bonds

In the first months of 2010, the Central Bank has sold $343 million in the market by using zero-coupon bonds.

Friday, March 5, 2010

This figure represents 91% of what the bank sold in 2009.
Such strong monetary policy is aimed towards controlling inflation, and keeping it within the limits set in its macroeconomic program.

The Bank estimates inflation to be between 4% and 6% in 2010. In the first two months of the year, prices have risen 2.32%, about 46% of the level of inflation targeted by the bank for this year.

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Costa Rica: A law Too Late

February 2014

A year after first being proposed, and under different economic conditions, progress has been made on the adoption of the law to discourage "hot" capital.

From a press release issued by the Legislative Assembly of Costa Rica:

MPs voted in a first debate, to put a brake on the entry of speculative capital into the country, known as hot money, with an initiative submitted for discussion by the Executive.

Panama's Current Capital Market

July 2013

During the first six months of 2013 companies issued $637 million in corporate debt, a slower pace than 2012, as $3.07 billion was issued in the entirety of last year.

However it is expected that in the second half of 2013 emissions will increase to $1.694 billion, which would still represent a decline of 45% compared to 2012.

Capital Markets in 2013

April 2013

How to cope with capital markets during 2013: regulatory reactions, regulatory changes, fiscal challenges and technological advances.

Posted in Construcción Magazine
Issue No. 167
By: Alan Saborio, Managing Partner at Deloitte Costa Rica

The study "Capital Market Outlook 2013" by Deloitte recounts the great challenges facing the capital market during 2013, product of the economic crisis, regulatory reactions, regulatory changes, and fiscal challenges and technological advances.

Capital Market in Panama

May 2012

Under conditions of high liquidity, primary market operations recorded $1.086 billion in the first quarter of 2012

Primary capital market operations registered $1.086 billion in the first quarter of 2012, while the secondary recorded $121.023 million in the same period.

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