Guatemala to invest $641 million

Of the projected debt for this year, 2011, the Ministry of Finance has already placed 42.9%. Congress authorized an issue of $730 million and re-issuing $325 million placed in 2001.

"The terms offered are 3, 7, 10, 12 and 15 years, however, investors have opted for the longer terms which are offering rates of 8.8 percent for 12 years and 9 percent for 15 years in quetzals and 5.2 and 6 percent in dollars. 22 percent of the debt has been invested in foreign currency", noted an article in Elperiodico.com.gt.

Source: elperiodico.com.gt

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Guatemala to Issue Treasury Bills

May 2011

Lack of flexibility in the loan approval in Congress is forcing the government to resort to other measures.

The Guatemalan government has announced that it will release short-term treasury bills, usually considered a financing tool for emergency liquidity due to their characteristics.

Guatemala: 20% of 2012 Budget to be Financed with Debt

September 2011

Foreign loans, bond issues and grants will finance one-fifth of government spending in 2012.

Revenue generated by taxes and other income will not be sufficient to meet the $9,293 million budget that the government has presented for next year.

Meeting this figure will require funding of over more than $1000 million with a bond debt and a further $737 million in loans which will be requested by the Guatemalan government.

Guatemala Sells $193 Million in Bonds

September 2009

Demand for $363 million in Treasury Bonds has been such that in two sessions $243 million have been sold.

$42.5 million were issued in 3 year bonds, paying 7.2%, whereas $9.7 million were sold in 5 year bonds, paying 7.9%. The bulk was $141 million in 11 year securities, which pay 9%.

Guatemala to Release $320 million in Treasury Bonds

February 2012

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

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 .