Honduras injects US$79 million into housing loans market
The government of Honduras aims to boost housing construction by issuing bonds for a total of 1.5 billion lempiras (US$79 million).
Tuesday, June 10, 2008
Officials say the amount of the issue should cover loan requests received by the private banks in recent months.
The International Bank of Costa Rica (Banco Internacional de Costa Rica) has launched a debt issue in Panama with a maturity of three to five years.
Costa Rica's National Bank has issued on the international market $500 million five-year and $500 million ten year bonds with interest rates of between 5.3% and 6.5%.
Developer Newland International Properties announced that on May 18 it will have updates on topics of interest to bondholders.
The issuance of Eurobonds, maturing in 2025, was placed on the New York Stock Exchange.
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