Regulatory Alerts2022-01-18 | RESOLUCIONES DE DIRECTORIO N° 011/2022Added · Updated
Board Resolution No. 011/2022
The Board of Directors of the Central Bank of Bolivia approves an extraordinary credit of Bs793,585,934.00 to Yacimientos de Litio Bolivianos (YLB) for the third phase of the Salar de Uyuni brine development project. The loan carries a 1.90% annual interest rate, a 20-year term with a 5-year grace period, and is guaranteed by non-negotiable Treasury Bonds. The Interim President of the Central Bank is authorized to sign the credit contract, with disbursements required by October 30, 2023.
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