El Salvador to Issue $25 million in Treasury Bills

On January 26, the Ministry of Finance will be auctioning in the local stock market $25 million in Treasury bills with maturities of between 316 and 346 days.

Thursday, January 21, 2016

From a statement issued by the Stock Exchange of El Salvador:

INDICATIVE GLOBAL AMOUNT:

$25.000.000

Minimum investment of $10,000

Denomination and multiples of $100.00

Series - Reference Rate - Term / days - Maturity

K - 12-MONTH LIBOR - 316-14 DECEMBER 2016

L - 12-MONTH LIBOR - 346-14 January 2017

AUCTION: TUESDAY 26 JANUARY 2016

SETTLEMENT: THURSDAY 28 JANUARY 2016

PRESENTATION OF POSITIONS: 9:00 am to 11:00 am (El Salvador time) the day of the auction.

Escrow Agent: Central de Depósito de Valores S.A. de C.V. CEDEVAL
Paying Agent: Central Reserve Bank of El Salvador.



More on this topic

El Salvador: $10 million Bond Issue

September 2017

The Central Reserve Bank will issue $10 million in bonds with maturities of 2 and 3 years, with 180-day Libor interest rates for both series.

The auction will take place on September 27 and the presentation of bids is scheduled for 9 am. The liquidation will take place on September 29.  

El Salvador: $45 million Bond Issue

March 2016

On March 8, the government will auction two issues of Treasury bills in installments of 275 and 352 days, at a 12 month Libor reference rate.

From a statement issued by the Stock Exchange of El Salvador:

The Government of the Republic of El Salvador through the Executive Branch in the Field of Finance, Department of the Treasury, pursuant to what is authorized in Article 227 of the Constitution of the Republic, Article 72 and 73 of the State Financing Administration Act, Article 5 of the Law on State Budget, Fiscal Year 2016, contained in Legislative Decree No. 192 of 26 November 2015, published in the Official Newspaper La Gaceta No. 231, Volume 409, December 15 2015 and agreements of the Executive Branch in the Field of Finance No. 9 dated January 4, 2016 and No. 111 dated January 29, 2016, announces the next issue of Treasury Bills:

Panama to Issue $50 million in Treasury Bills

July 2015

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

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."

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

 close (x)

Receive more news about Capital Markets

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Looking for Importers and distributors of furniture

Mexican manufacturer of office furniture seeks importers and distributors interested in dealing their products in Central America.
PM Steele is a 100% Mexican company, with more than 67...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Feb 21)
Brent Crude Oil
57.820
Coffee "C"
110.35
Gold
1,642
Silver
18.455