The operation was carried out through the bank Citigroup Global Markets Inc, one of the three most important investment banks in the world, chosen through a competitive process, informed the Ministry of Finance.

You may be interested in "Guatemala Issues $58 Million in Debt"

May 23, 2019. The Ministry of Public Finance -Minfin-, today issued US$1,200 million of treasury bonds of the Republic of Guatemala in the international market (Eurobonds), which means an important bet that strengthens the confidence of foreign and local investors in the Guatemalan market.

The results of the issuance are as follows:
US$700 million for a 30-year term, with a 6.125% interest rate.
US$500 million over 10 years, at a 4.900% rate

The transaction was conducted through Citigroup Global Markets Inc, one of the three largest investment banks in the world, chosen through a competitive process. The issuance of Eurobonds tripled the demand for the amount required by Guatemala (US$3.3 billion). Guatemalan Eurobonds aroused the interest of 150 investor accounts from all over the world, highlighting investors from Europe, the United States, Asia and Latin America.

This action is part of the strategy of diversifying public expenditure financing, raising funds from the local bond market, multilateral banking and global markets. The issuance of Treasury Bonds in the international market highlights the country's consistent and robust economic profile and the level of public debt.

The Minister of Public Finance, Victor Martinez, indicated that the country demonstrates once again that it maintains a stable macroeconomy which gives confidence to foreign and local investors and this also allows to achieve the objective of having a prudent management of the country's public credit.

This issuance is made in the international market, within the framework of the approved by the Congress of the Republic in the Budget Law, which allows maintaining the presence of the country abroad with better investment conditions.

More on this topic

Guatemala Issued $1.2 Billion in Eurobonds

April 2020

The country issued $500 million in the international market with a 12-year term, at a rate of 5.37%, and $700 million in the 30-year term, at an interest rate of 6.13%.

The operation was carried out through the Bank of America (BOFA), one of the most important investment banks in the world, chosen through a competitive process, informed the Public Finance Ministry (Minfin).

Costa Rica Issues $1.5 Billion in Eurobonds

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On November 12, the debt securities were sold in the international market, and at the end of the negotiation, bonds were issued for $1.2 billion maturing in 2031 and $300 million maturing in 2045.

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%.

Citi and HSBC to Issue $1.5 Billion in Eurobonds

September 2019

Costa Rican authorities informed that Citi Global Markets and HSBC Global Banking will be the placement banks and financial advisors that will accompany the country in the process of issuance of securities and management of liabilities in the international market.

The issue that will be made at the international level is the one that was approved on July 16 through Bill No.

Guatemala Issues Eurobonds for $500 million

June 2017

The issuance of $500 million in the international market was placed with a 10-year term and an interest rate of 4.5%, the lowest of all issuances so far.

From a statement issued by the Ministry of Finance:

The Ministry of Public Finance today concluded a transaction for US $500 million of Eurobonds with an interest rate of 4.5% for 10 years, the lowest rate of all issuances. This action is consistent with the strategy of diversifying the financing of public spending, obtaining funds from the local bond market, multilateral banking and global markets.