2004-02-03 | Resolución 016/2004

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Resolution 016/2004

The Board of Directors of the Central Bank of Bolivia approves an exceptional credit of Bs80,000,000 to the Ministry of Finance to address temporary liquidity needs. The loan carries an 8.00% interest rate, a 45-day term, and is secured by Treasury Letters "C", with disbursement on February 13, 2004, and maturity on March 29, 2004. Any restructuring of the credit is contingent upon a sustained accumulation of deposits from the Non-Financial Public Sector in the Central Bank, in accordance with the Memorandum of Understanding dated December 4, 2003.

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