The measure will give continuity to what was done in the previous year, when 35 small investors acquired debt bonds for $1.3 million at a rate of 6.25%.

See: "Guatemala: More debt, but more investment"

Finance minister, Julio Héctor Estrada told Elperiodico.com.gt that in 2018 " ... new terms will open up and different channels will be sought such as banks in the system. 'We already have the regulations and the mechanism has been tested, now we will look for simplification and in that aspect, the canal is a key issue'. "

" 2017 closed with almost Q10 million ($1.3 million) in Treasury Bonds having been acquired by small investors."

Source: elperiodico.com.gt

More on this topic

Stock Market: Guatemala - El Salvador Union

July 2019

Authorities from both countries agreed to work on the unification of their stock markets, starting with the issuance of a quota of Guatemalan subsidized debt directed to Salvadoran investors.

Representatives of the Guatemalan Ministry of Finance and the Ministry of Finance of El Salvador informed that before the end of this fiscal year, the Guatemalan subsidized debt will be approximately $13 million.

Guatemala Awards $39 Million in Debt

May 2019

The Ministry of Finance placed Treasury Bonds in local currency for amounts equivalent to $26 million and $13 million, with terms of 15 years and 20 years, respectively.

The global amount awarded to date totals $858.6 million, corresponding to the 2019 Fiscal Year, of which $26 thousand correspond to the awards of treasury bonds for small investors, informed the Government.

Bonds for Small Investors

April 2018

After reducing the minimum amount for individual investors, the Guatemalan government has announced that between May and June it will begin with the issuance of $14 million.

For the current fiscal year, authorities have changed the minimum amount for an investor to acquire public debt bonds in the local market, reducing it from $3,000 to $1,300.

Guatemala: Bond Issue for $600 million

January 2016

The new administration has announced that the placement will be in the local market and resources will finance the 2016 budget.

The Ministry of Finance (Minfin) has released the rules for the bond issue and financing needed to make up the shortfall in resources for the new Guatemalan government.