Using the online platform State debt securities can be bought by local investors, through brokers approved by the stock exchange. The regulations published in the official newspaper La Gaceta establish how the auctions will be conducted, and the settlement and interest payments.

According to the Ministry of Finance, "... in the first months, issues will be made in the domestic market through a public auction for large investors. Estrada said they are contemplating issuing abroad but have yet to define the amount and timing; however, he said it could be in March."

Prensalibre.com explains that "...Guatemala was the only Central American country that did not have an electronic platform for trading in such financial instruments. This system allows investors to receive a proof of purchase from a stockbroker, which is covered by the account entry corresponding to the investment."

Source: prensalibre.com

More on this topic

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June 2019

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The Panamanian government issued debt securities in the local market at a 3.75% interest rate, with a seven-year term.

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Dominican Republic Issues $1.822 billion in Bonds

February 2018

The Caribbean country issued $1 billion on the international market for a term of 30 years and at a rate of 6.5%, and another $822 million with a 5-year term and a rate of 8.9%.

Dominican authorities reported that the country issued for the first time in the New York market, a 5-year bond issue for $822 million, and another, also in dollars, at 30 years and for $1 billion.

Panama Issues $1 billion in Global Bonds

May 2017

The global bond with a coupon of 4.5% maturing in 2047 was issued on the international market, where it received offers for more than $4 billion.

From a press release issued by the Ministry of Finance:

The Republic of Panama entered the international capital market on May 4 with two important operations.