Guatemala Allocates $ 113 Million in Bonds

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

Friday, February 18, 2011

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.

As reported by Prensalibre.com, 67% of the issuance was sold to the private sector.

More on this topic

Costa Rica Prepares Debt Issuance

November 2017

The Ministry of Finance will be receiving bids for a minimum amount of $400 million in the local market, and the minimum issuance term will be five years.

The relevant fact published by the Ministry of Finance details that debt securities, which will pay out a fixed interest rate, will be sold through stock exchanges and banks in the local market, which can then be bought by foreign entities to sell them to international investors. 

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 Places $48 Million in Bonds

June 2010

After the first auction, the finance ministry issued just $48 million in bonds, even though domestic investors demanded $308 million.

In a press release, the ministry explained that “interest rates offered by investors were not adequate”.

Authorities only placed 15-year securities, paying a 9% interest rate in local currency. 72% of the market’s demand was focused on 10 and 15-year securities.

Banguat Approves Bond Issue for $223 million

April 2009

The Monetary Board of the Bank of Guatemala approved the issuance of treasury bonds for $223 million.

The international economic crisis is having a strong impact on the finances of the Guatemalan state, which saw revenue fall by 7.6% in the first quarter of 2009 and this translated to $85 million less in tax income. This was the main argument presented by the Monetary Board to approve the issuance of treasury bonds.

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