Government Achieves $202 Million SwapIn the first of the two days of the swap of debt securities convened by the Finance Ministry of Costa Rica $202 million were successfully negotiated, amount that represents only 6% of the total balance expected to exchange.Friday, October 26, 2018
To swap debt securities that expire between 2018 and 2020, for others with longer deadlines, the Government of Costa Rica organized an auction on October 25 and 26. According to the authorities of the Finance Ministry, bonds totaling ¢120. 881 million ($202.2 million) were swapped in the first day. Source: Nacion.com ¿Busca soluciones de inteligencia comercial para su empresa?Do you need to keep track of the key economic indicators in Central America?Request more information about our Regional Economic Monitor. Need assistance? Contact us
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Costa Rica: Government Swaps $165 MillionFebruary 2019 In the exchange of foreign currency debt that took place on February 6, the Ministry of Finance managed to negotiate $165 million of $428 million offered. Government Urged to Extend DebtNovember 2018 At the end of 2018, the Costa Rican government needs about $1.5 billion to pay salaries, transfers and debts to state creditors. Public Debt SwapOctober 2018 The Finance Ministry of Costa Rica organized an auction on October 25th and 26th, to swap debt securities that expire between 2018 and 2020, for others with longer deadlines. Costa Rica: Debt Plan for 2018February 2018 During the first semester, the government plans to issue up to $2.175 billion in debt securities through auction mechanisms and electronic windows in the local market.
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