Regulatory Alerts2002-01-08 | Resolución 006/2002Added · Updated
Resolution 006/2002: Interest Rate Adjustment for Loans to NAFIBO SAM
The Board of Directors of the Central Bank of Bolivia authorizes an interest rate adjustment for loans totaling $36.6 million granted to Nacional Financiera Boliviana S.A.M. (NAFIBO SAM) under Programs Sectorial II and BV-C2, effective January 1, 2002. The fixed annual rate of 7.15% is replaced by a variable rate calculated as the prevailing 6-month LIBOR rate plus 3%. This decision modifies the terms established in Resolutions 11/99 and 113/99 to align with market conditions and requests from the Ministry of Finance.
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