Honduras injects US$79 million into housing loans market

The government of Honduras aims to boost housing construction by issuing bonds for a total of 1.5 billion lempiras (US$79 million).

Tuesday, June 10, 2008


©image: www.banhprovi.org

Officials say the amount of the issue should cover loan requests received by the private banks in recent months.

More on this topic

BICSA launches $50 million debt issue

June 2008

The International Bank of Costa Rica (Banco Internacional de Costa Rica) has launched a debt issue in Panama with a maturity of three to five years.

With capital payments on maturity and quarterly interest payments the issue will be for 50 million dollars in series.
The issue, whose interest rate will be previously agreed to upon placement, is currently being subscribed.

Trump Ocean Club Defaults on Bond Payment

May 2012

Developer Newland International Properties announced that on May 18 it will have updates on topics of interest to bondholders.

Newland International Properties Corp., developer of Trump Ocean Club, should have made the second payment of capital on the issuance of $220 million in bonds on 15 May but did not do so.

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%.

BCIE issues bonds worth $5.2 million in Honduras

September 2008

The bonds were auctioned off last Friday on the Central American Stock Exchange which operates in Honduras.

A release from the BCIE (Central American Bank for Economic Intergration) said that the bonds were issued to the main institutional investors in the market, including banks and insurance companies, for a period of 3 years, expiring in 2001, with a variable coupon linked to bills from the Central Bank of Honduras (-0.40%).
"After the issuing of the bonds in El Salvador in 2006, this is the second time that the Bank is turning to the public Central America market," Nick Rischbieth, executive president of BCIE, explained.

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