Monday 27 September 2021

Costa Rica Treasury Issues US$514 million in Bonds

Paying the bills


Mexico reveals why it rejects tourists from Costa Rica

QCOSTARICA - Mexico has been one of the favorite...

Bianca, Mick Jagger’s first wife: “Nicaraguan by grace of God”

QCOSTARICA - Bianca Jagger, who was the first wife...

Train Yourself to Stay Calm Under Pressure

Do you know anyone who handles stress really well?...

Alunasa, a Venezuelan state company in Costa Rica, leaves employees without salary

QCOSTARICA - The Venezuela state-owned company operating in Costa...

In Venezuela there is food, but expensive

Q24N - The Venezuelan economy has begun to reactivate....

Today’s Vehicle Restriction September 27: Plates ending in “1 & 2” CANNOT circulate

QCOSTARICA - For today, Monday, September 27, vehicles with...

Government will buy one million more covid vaccines for children and third doses in 2022

QCOSTARICA - The President of Costa Rica, Carlos Alvarado,...
Paying the bills


In the local market, an issuance was made of a fixed-rate security with maturity in November 2021 and 216 billion in securities in colones, with terms ranging from 2020 to 2029.

In a statement, the Ministry of Finance reported that “…The issue in colones raised a total amount of ¢216,205.83 million, in different titles with maturity from 2020 to 2029, associated with fixed and variable rate coupons (Sovereign Adjustable Real) and a fixed rate in dollars with expiration in November 2021, in which $514.82 million was raised; assigned to 15 participants.”

Nelson Alvarado, desk manager at Prival Bank, explained to that “… the agreed rate in the issue was 6.5%, which is attractive to savers, if we consider that a previous issue which expired in June 2021 had an interest rate of 5.70%.

- Advertisement -

“… Aldesa also reported that dollar values were allocated equally to the market (15 buyers) and not to a single participant. The greatest share was that of Citi with $156 million.”

In the statement, the Deputy Minister of Finance explained that “…”With this amount raised, the Ministry of Finance will manage to meet a large part of the obligations due to the maturity of domestic debt in the first half of the current year.”

Source (in Spanish):

- Advertisement -
Paying the bills
Q Costa Rica
Reports by QCR staff

Related Articles

Costa Ricans lose hope of a low dollar

QCOSTARICA - In December, Costa Ricans expected the dollar exchange rate...

TSE rules out political party donations in cryptocurrencies

QCOSTARICA - The Tribunal Supremo de Elecciones (TSE) - Supreme Elections...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.