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Panama Fund to Sell More State Bonds

Mar 29, 2010

Panama’s government-backed Fondo Fiduciario para el Desarrollo (FFD) is preparing to offer $95.9m in existing 6.7% of 2036 sovereign bonds, the government says in an SEC filing. The offer, expected to close this week, is to be accompanied by the sale of an additional $250m of the notes to the Caja de Seguro Social social security fund. It follows a $441m February unloading of...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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