Regulatory Alerts2016-12-07 | RESOLUCIONES DE DIRECTORIO N° 228/2016Added · Updated
Board Resolution No. 228/2016
The Board of Directors of the Central Bank of Bolivia approves modifications to the repayment plan for the exceptional loan of Bs3,180,000,000 granted to the National Fund for Regional Development (FND). The amendment extends the partial payment period during the first two years to include receipts from Autonomous Municipal Governments, in addition to Autonomous Departmental Governments, as authorized by Additional Provision Fifth of Law No. 840. The loan terms remain otherwise unchanged, maintaining a seven-year term, a 1.00% interest rate, and constant amortization.
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