Honduras: Foreign Debt Still Down

Up to September 2019, the external debt of the public sector reached $7.285 million, a figure that is $93 million lower than that reported at the close of 2018.

Tuesday, November 26, 2019

From the Central Bank of Honduras report:

At the end of the third quarter, the external debt of the public sector registered a US$7,285.0 million balance, decreasing 1.3% (US$92.9 million) compared to December 2018. This behavior is derived from a net amortization of US$59.5 million (disbursements received for US$149.5 million lower to the principal payments of US$209.0 million), added to a favorable exchange variation that reduced the balance by US$33.4 million (product of the appreciation of the dollar against other currencies).

Up to September 2019, the Public External Debt/Gross Domestic Product (GDP) balance ratio was at 29.2%, lower by 1.6 percentage points (pp) to that of December 2018 (30.8%), thus indicating the sustainability of the public external debt in the medium and long term, when remaining below the prudential limit recommended by the World Bank.

Per debtor type, US$6,918.0 million corresponds to the General Government, US$275.1 million to the Non-Financial Public Enterprises, US$64.3 million to the Monetary Authority and US$27.6 million to the Financial Public Institutions. The composition per type of currency indicates that 83.5% (US$6,081.2 million) of the balance of public external debt was contracted in US dollars, followed by the Special Drawing Rights (SDR) with 11.5% (US$838.6 million), in Euros 3.6% (US$259.9 million) and 1.4% (US$105.3 million) in other currencies.

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Nicaragua: External Debt Grows at 3%

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At the eighth month of the year, the balance of the country's public external debt totaled $6,116 million, 3% higher than that reported at the end of 2018.

Of the total public external debt, 70% corresponds to debt with multilateral creditors and 29% to bilateral creditors, reported the Central Bank of Nicaragua on September 27.

Honduras: External Debt Increases to 2%

September 2019

Up to July 2019, the external debt of the public sector reached $7.310 million, a figure 2% higher than that reported in the same month of 2018.

From the Central Bank of Honduras report:

The public sector external debt balance was US$7,310.2 million at the end of July 2019, US$67.7 million less than at the end of 2018.

External Debt: Figures up to June 2019

August 2019

Regarding the figure for the end of the first half of 2018, up to June of this year the external debt of the public sector of Honduras increased by $163 million.

From the Central Bank of Honduras report:

At the end of the first semester of 2019, total external debt (public and private) registered a balance of US$9,035.1 million, higher by US$16.2 million compared to December 2018.

Honduras: External Debt Up 3% in 2018

March 2019

At the end of last year, the public sector's external debt totaled $7.378 million, 3% more than the $7.145 million reported at the end of 2017.

The Public External Debt/Gross Domestic Product (GDP) Balance indicator at the end of 2018 stood at 30.5%, 0.6% lower than the figure reported at the end of 2017, informed the Central Bank of Honduras (BCH).

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