2014-04-03 | RESOLUCION DE DIRECTORIO Nº 026/2014

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Board Resolution No. 026/2014

The Board of Directors of the Central Bank of Bolivia approves an extraordinary concessional credit of Bs1,740,000,000 to the Ministry of Economy and Public Finance for financing the Montero-Bulo Bulo railway transport system. The loan carries a 30-year term, a 0.30% annual interest rate, and requires non-negotiable Treasury Bonds as collateral, with disbursements permitted until June 30, 2016. The President of the Central Bank is authorized to execute the credit contract under these approved conditions.

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