Regulatory Alerts2002-04-16 | Resolución 039/2002Added · Updated
Resolution 039/2002
The Board of Directors of the Central Bank of Bolivia modifies the interest rate for loans granted by NAFIBO SAM under Sectoral Program II (Loan No. 88 65 719) and Program BV-C2. The fixed annual rate of 7.15% is replaced by a variable rate calculated on the six-month LIBOR rate prevailing 180 days before each amortization installment's due date, plus a 3% margin. This adjustment applies to the total loan amount of US$36.6 million and remains effective until the conclusion of the loans.
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