Using a web platform with key information from all of the markets in the region and the Dominican Republic, Central American stock exchanges propose reviving the plan to create a truly integrated regional market.
Once again authorities at stock exchanges in Central American countries and the Dominican Republic have put back on the table the plan to integrate the stock markets in each each country into a single regional one. The only difference with regard to the attempts that have been made previously is that there is now the experience of integration of the Salvadoran and Panamanian exchanges, which has been operational since May of last year.
Debt securities issued by private companies in the Guatemalan stock market increased by 20% in the last twelve months.
The sale of securities up to December 2014 increased from $239 million to $287 million, an increase of 20%, after a slight decline due to the withdrawal of 5 issues by one of the participating companies was registered in 2014. One factor that attracts companies is the cost of financing, which, depending on the type of instrument to be sold, may be less than the cost of a bank loan.
The National Stock Exchange will implement a system of mass placement of securities in order to encourage the registration of emissions from private companies and the arrival of more investors.
The strategy will focus on standardizing the securities that are issued in the primary market so that they can then be traded in the secondary market and in this way give them greater marketability and encourage the participation of more investors.