Guatemala Issues $18 Million in Debt

The Ministry of Finance issued Treasury bonds in local currency in an amount equivalent to $17.5 million for a 20-year term.

Thursday, March 7, 2019

From the Ministerio de Finanzas Públicas press release (equivalent to the US Department of the Treasury):

March 5, 2019. The Ministerio de Finanzas Públicas [Roughly equivalent to the US Department of the Treasury] held the sixth issuance event of Treasury Bonds of the Republic of Guatemala for the 2019 Fiscal Year, in which a 20-year term series was opened for the first time, for the maturity date 17/05/2039, with a coupon rate of 7.6250%, observing that of the total demand 64% corresponds to such series, which results in the confidence of investors in public securities, whose results are the following:

A demand of Q.1,518.49 million was received, of which Q.160.00 million corresponded to the maturity date of 02/2/2028; Q.155.00 million to the maturity date of 08/18/2031; Q.225.00 million to the maturity date of 06/27/2034, and Q.978.49 million to the maturity date of 05/17/2039.

In this opportunity, Q.135.00 million were awarded, for the due date of 05/17/2039 at a cut price of 103.9475 and a cut rate of 7.2498%.

The total amount awarded to date totaled Q.3,504.05 million, which represents 19.0% of the total value for which the Global Representative Certificate was issued for Fiscal Year 2019.

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From the press release of the Ministerio de Finanzas Públicas (Equivalent to the US Department of the Treasury):

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