Regulatory Alerts2018-08-07 | RESOLUCIONES DE DIRECTORIO Nº 102/2018Added · Updated
Board Resolution No. 102/2018
The Board of Directors of the Central Bank of Bolivia approves a concessional extraordinary credit of Bs109,511,595.00 to the National Electricity Company (ENDE) to finance the "La Ventolera Wind Generation Construction" project. The loan carries a 1.44% 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 ENDE and the Ministry of Energy, with disbursements required to be completed by March 31, 2021.
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