Regulatory Alerts2016-04-11 | RESOLUCIONES DE DIRECTORIO N° 065/2016Added · Updated
Board Resolution No. 065/2016
The Board of Directors of the Central Bank of Bolivia approves a concessional extraordinary credit of Bs65,536,708 to the National Electricity Company (ENDE) to finance the Yunchara-Tarija Solar Plant project. The loan carries a 30-year term with a three-year grace period on principal, a 1.28% interest rate, and is guaranteed by non-negotiable Treasury Bonds. ENDE must open specific disbursement and payment accounts at the Central Bank, and the Ministry of Hydrocarbons and Energy is responsible for monitoring the project's execution and financial flows.
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