Debt: Costa Rica Exchange of $130 Million in Debt

During February 8 and 9, the Ministry of Finance was able to renegotiate close to $130 million corresponding to maturities of domestic debt securities for the years 2021 and 2022.

Thursday, February 11, 2021

This is the first exchange of domestic debt in colones to take place in 2021. In this session, the Ministry of Finance managed to renegotiate debt bonds for ¢79,814 million, equivalent to close to $130 million.

Securities maturing in 2021 and 2022 were traded for others maturing between 2024 and 2028, according to details provided in a relevant fact by the National Treasury.

Check the "System for monitoring markets and economic situation in Central American countries", prepared by CentralAmericaData.

The official document states that "... the Ministry of Finance informs the financial market that for the internal debt swap held on February 08 and 09, 2021, the following series were assigned: G240321, S240321, B280421, G210721, G201021, G291121, U120122, G290622, G270722, G210922, G211222, CRG260624, CRG280126 and CRG230828.

On the other hand, series CRS240129, CRG250631, CRG250636, CRU250140 and CRB250151 were declared deserted.

See official document.

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