Guatemala to Release $320 million in Treasury Bonds

This is the maximum amount allowed by law and the first issue will be on February 13th .

Thursday, February 2, 2012

Guatemala's government plans to place up to Q 2,500 million ($ 320.1 million) in treasury bills in 2012, announced the Ministry of Public Finance (Minfin). The first release will take place on February 13th .

The amount is equivalent to 20 percent of current revenue estimates, which is allowed by Decree33-2011, contained in the State’s Budget of Income and Expenditures for this year, reported La Prensa Libre on its website.

More on this topic

Guatemala Issues $50 million in bonds

April 2011

The Ministry of Public Finance has placed more than $50 million in dollars and quetzals on the market.

The treasury bonds have been issued both in quetzales and dollars, each for various time periods.

A report by Byron Dardón to La Prensa Libre states: "Of the total registered bonds, 81.8% are from the private sector and 18.2% from the public sector .

Banguat Approves Bond Issue for $223 million

April 2009

The Monetary Board of the Bank of Guatemala approved the issuance of treasury bonds for $223 million.

The international economic crisis is having a strong impact on the finances of the Guatemalan state, which saw revenue fall by 7.6% in the first quarter of 2009 and this translated to $85 million less in tax income. This was the main argument presented by the Monetary Board to approve the issuance of treasury bonds.

Guatemalan Places New Treasury Bonds

February 2012

The government has completed the fourth release for sale of bonds for the fiscal year 2012 worth Q286.7 million ($36.7 million).

A bulletin from the Ministry of Finance reports that the financial instruments are being offered in the local market through auctions and tenders in quetzals, reports Prensalibre.com.

Guatemala Launches Bond Issue

June 2010

On June 15 the Finance Ministry will start selling $560 million in Treasury Bonds in the domestic securities market.

They will use an auction-based method to sell the securities, and they are currently considering whether to offer the bonds in the international market.

“The issue will be split in 2-year, 5-year, 7-year, 10-year and 15-year securities, and the interest rates will be defined by the market.

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