Regulatory Alerts2016-04-05 | RESOLUCIONES DE DIRECTORIO N° 058/2016Added · Updated
Board Resolution No. 058/2016
The Board of Directors of the Central Bank of Bolivia approves an extraordinary concessional credit of Bs195,314,667 to the National Electric Company (ENDE) to finance the Laguna Colorada Geothermal Pilot Plant project. The loan carries a 1.31% interest rate, a 30-year term with a 5-year grace period on principal, and is guaranteed by Non-Negotiable Treasury Bonds. The Central Bank President is authorized to sign the contract, with disbursements required by December 31, 2018.
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