Regulatory Alerts1997-04-30 | Resolución 107/97Added · Updated
Resolution 107/97
The Board of Directors of the Central Bank of Bolivia approves a conditional loan of $27,057,716 to the Financial System Development and Productive Sector Support Fund (FONDESIF) using resources from the IDA-1925-BO line. The loan is denominated in Special Drawing Rights equivalent to the specified US dollar amount, with interest rates and terms aligned with the World Bank's agreement with Bolivia, plus a currency risk coverage premium. The loan is secured by an automatic debit from FONDESIF's trust assets held at the Central Bank, and funds cannot be disbursed without explicit Central Bank authorization until the World Bank's non-objection is obtained by May 12, 1997.
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