Regulatory Alerts2004-04-27 | Resolución 054/2004Added · Updated
Resolution 054/2004
The Board of Directors of the Central Bank of Bolivia approves the first renewal of a credit facility to the General Treasury of the Nation for Bs355,000,000 to address temporary liquidity needs. The loan carries an 8% interest rate, a 90-day term maturing on July 29, 2004, and is secured by Treasury Letters "C". Repayment of principal and interest is executed via automatic debit from the Treasury's current accounts at the Central Bank, with any future restructuring required to remain within the financing limits established in the Memorandum of Understanding between the Ministry of Finance and the Central Bank.
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