Journalist for El Heraldo, Wendy Mejia interviewed Roque Rivera, president of the bank about the release of corporate bonds on the Central American Stock Exchange.
"-Why issue these bonds?
- Three years ago FICENSA bank issued corporate bonds for $20 million and it was the most successful operation in the market, so we have decided to make a new issuance for $35 million, which will be in both domestic and foreign currency. "
Source: elheraldo.hn
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May 2011
In just five months more than $600 million worth of shares have been issued.
The economic boom being experienced by Panama can be seen in all the country's economic activities, and the stock market is no exception.
Between January and May, $602 million worth of securities have been issued, representing an increase of 285% compared to the same period in 2010. In addition, another $400 million worth are in the approval process.
September 2011
In July the operations of the Stock Exchange reported growth of 28% compared to same month in 2010.
Estimates for the end of 2011 show a 24% increase, on the basis that between January and August transactions totaled more than $465 million.
Elnuevodiario.com.ni reported statements by Edgar Gutierrez, general manager of brokerage firm Invercasa, "The growth is partly due to excess liquidity in the economy, issues by the Central Bank of Nicaragua (BCN in Spanish), negotiations that have occurred in the secondary markets on Compensation Payment Bonds (BPI) and also more activity in repurchases. "
September 2009
In the first day of the public offering the market demanded $220 million, with $50 million sold after analysis.
18% was bought by public entities and the remaining 82% by private investors.
"As tender offers were too high, we didn't closed deals through that channel. We closed them through bidding and the Stock Exchange", said Luis Alejandro Alejos, from the Finance Ministry.
August 2011
The supply of investment alternatives will be broadened with the authorization granted to Invercasa.
Nicaraguan investors will now have more options for their investment portfolios, now that the Invercasa stock exchange has received authorization from the Superintendency to sell Costa Rican sovereign debt bonds.
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