The negotiation of the public debt issued by the government of Costa Rica in the international market closed at noon on November 12, and the yield for those maturing in 2031 was 6.25% and for those expiring in 2045 was 7.25%.

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During the early morning hours of November 12, Douglas Montero, an economist and financial advisor, told Elfinancierocr.com that "... it is likely that both issues will come to market with interest rates and yields according to the market and current conditions in Costa Rica. In this case would be precisely about 6.3% and 7.3%."

Montero added that "... it is probable that, at the time of issuance, a discount will be made on the relative price of the bonds, that is, they will be sold below 100% of their face value. This would be done so that the instrument achieves a relatively low rate, but offers the investor a higher return."

Citi Global Markets and HSBC Global Banking were the issuance banks and financial advisors that supported the country in the process of issuing securities and managing liabilities in the international market.

Source: elfinancierocr.com

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