Regulatory Alerts2009-09-08 | Resolución 104/2009Added · Updated
Board Resolution No. 104/2009
The Central Bank of Bolivia Board approves a concessional extraordinary credit of up to USD 1,000,000,000 to Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) for hydrocarbon investment projects under the 2009 General National Budget. The loan carries a 20-year term, a 5-year grace period on principal, a 1% annual interest rate, and a disbursement deadline of December 31, 2012. The resolution authorizes the BCB President to sign the loan contract and mandates the creation of specific accounts for disbursements and debt service payments.
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