1997-07-08 | Resolución 123/97

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Resolution 123/97

The Central Bank of Bolivia approves a financing request from FONDESIF for up to US$32,000,000 using resources from the IDA-1925-BO credit line to partially replace FONDESIF's obligations with the Andean Development Corporation. The loan carries a 15-year term including a one-year grace period, with interest and commissions matching those charged by the International Development Association to Bolivia, plus a currency risk coverage premium. Repayment is structured through equal principal installments and semiannual interest payments, secured by an automatic debit of FONDESIF's accounts and assets held in trust at the Central Bank.

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