Panama to Issue $50 million in Treasury Bills

On August 4 the Ministry of Finance will auction $50 million in Treasury notes maturing in June 2019.

Friday, July 31, 2015

The auction will take place on August 4, with a settlement date on August 7 and maturity on June 5, 2019, and the resources will be used to "finance the government ... or to pay for other debt programs."

According to a statement published by the Panama Stock Exchange (BVP) the auction will be American, multiple price and will be held in the BVP, the paying agent is the National Bank of Panama and the registration agent is Central Latinoamericana de Valores. Submission of bids will be received from 9:00 am. 10:00 pm. through the electronic auction system of the BVP.

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Panama Issues $125 million in Bonds at 3%

June 2015

Treasury debt securities maturing in 2019 were issued with a weighted average yield of 2.947%, 1.54% were awarded over the US Treasury benchmark

From a statement issued by the Ministry of Economy and Finance:

The Republic of Panama, through the Ministry of Economy and Finance (MEF), issued $125 million in Treasury Notes maturing in 2019 with a coupon of 3.00%, in order to partially finance the needs of the General State Budget for fiscal year 2015 and to diversify sources of funding from the national government.

Panama: Auction of Treasury Bills for $25 million

February 2015

On February 10 the Ministry of Finance will be holding an auction of $25 million in Treasury bills with a maturity date of one year.

From a statement issued by the Ministry of Economy and Finance in Panama:

Terms and conditions of the auction by the Treasury:

Indicated Amount: $25 million

Panama: Treasury Notes Issued for $20 million

August 2014

On August 12th the Ministry of Finance will auction $20 million with a one year term through the electronic system of the Stock Exchange.

The settlement will be made on August 15th, according to Katyuska Correa, Director of Public Credit, in a note to the Panama Stock Exchange.

Panama Issues $34 million Treasury Bills

January 2013

The Republic of Panama began on January 15 emissions for the State Titles in 2013, auctioning Treasury Bills, for which it received offers for $ 51.3 million.

A press release from the Ministry of Economy and Finance reads:

The Republic of Panama has begun its program of government securities emissions for 2013, with the first auction of Treasury bills on Tuesday 15 January, receiving competitive proposals for the sum of U.S.

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