Weekly Report - 12 March 2015 (WR-15-10)

COSTA RICA | Bond issue. On 5 March the Costa Rican government launched a US$1bn 30-year bond issue at an annual rate of 7.158%. Finance Minister Helio Fallas Venegas said that the bond issue, which will be led by Deutsche Bank and HSBC, was an important step in maintaining stability of public finances in the short term. Costa Rica’s head of public credit, Juan Carlos Quirós, said that he had received orders for more than US$3.5bn.

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