Regulatory Alerts2002-06-25 | Resolución 066/2002Added · Updated
Resolution 066/2002
The Board of Directors of the Central Bank of Bolivia modifies the interest rate for loans granted to NAFIBO SAM under Programs Sectorial II Loan No. 88 65 719 and BV-C2, changing the variable rate from LIBOR plus 3% to LIBOR plus 1% (100 basis points), effective January 1, 2002. The resolution also mandates that any future placements using recovered resources from these development lines be conducted in UFV at a rate of LIBOR for 180 days plus 3%. Additionally, the President of the Central Bank is authorized to sign modifying minutes to the transfer agreements with the Ministry of Finance and NAFIBO SAM.
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