Panama to Issue $ 600 Million in Bonds

During 2011 the Government will issue up to $ 600 million in Treasury Notes to finance the deficit and meet debt maturities.

Friday, January 7, 2011

Alberto Vallarino, Minister of Economy and Finance, explained that the deficit for 2011 is planned at $ 436 million, but could grow as a result of national emergencies.

In addition to approving the issuance, the National Economic Council approved a credit of $ 500 million with Banco Nacional de Panama.

More on this topic

Honduras Pays More Than 12% to Place Sovereign Bonds

December 2013

A nominal rate of 8.75% plus the devaluation of the Lempira -estimated 3.5% this year, will be paid for the $500 million placed in the international market.

After several negotiations with investors the country managed to place $500 million in sovereign bonds in the foreign securities market, said the chief of the Finance Ministry, Wilfredo Cerrato.

Costa Rica: Treasury Issues $1,904 million of Domestic Debt

July 2011

The treasury has issued 2% less bonds than planned, due to poor investor appetite for these securities.

In the first six months of the year, the Ministry of Finance intended to raise ¢975 billion ($ 1.933 billion) in the local market. However, poor demand for securities in national currency has forced the agency to aim for a figure slightly lower than projected.

Guatemala Allocates $ 113 Million in Bonds

February 2011

The Ministry of Finance issued $ 10.5 million in dollar-denominated securities and $ 103 million in Quetzales (Q802 million).

Most of the placement was made at 12 and 15 years, $ 66 million and $ 16 million, respectively, paying interest of 8.8% and 9% respectively in Quetzales.

Nicaragua to Issue $5 Million in Debt

March 2010

The Nicaraguan Treasury announced it will issue $5 million bonds in the local market on March 10th.

The entity had successfully completed a $4 million placement on the last week of February.

From “the price of the bonds will be defined by a public auction. Interested stock brokerages and financial institutions can bid through the electronic auction system of the Central Bank of Nicaragua”.

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