August 1, 2019 |
Guatemala and El Salvador will list sovereign bonds on the stock exchanges of both countries, starting with a GTQ100m ($13m) deal from the Guatemalan finance ministry.
"We're looking for more investors for Guatemala's government debt and, with that, better interest rates," Guatemalan Finance Minister Víctor Martínez said in a statement.
El Salvador already has a similar arrangement with Panama. The country generally sells $50m to $100m in short-term debt every two weeks, said El Salavador's Fina
Guatemala's finance ministry will offer $13m in treasury notes to Salvadoran investors in the coming weeks