2011-04-15 | Resolución 041/2011

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Board Resolution No. 041/2011

The Board of Directors of the Central Bank of Bolivia approved a concessional extraordinary credit of Bs1,227,205,000 to the Empresa Nacional de Electricidad (ENDE) to finance the "Emergency Plan for Electricity Supply to the SIN." The loan carries a 20-year term with a 5-year principal grace period, an annual interest rate of 0.86%, and a disbursement deadline of April 30, 2013. The credit is secured by non-negotiable Treasury Bonds issued by the Ministry of Economy and Public Finance, which are delivered to the Central Bank prior to each disbursement.

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