LatinNews Daily - 27 February 2024

In brief: Bolivia issues new dollar bonds

*Bolivia’s central bank (BCB) has announced that it is issuing new dollar bonds, which it said will be available to individuals as “a safe and profitable savings alternative”. The issuing of bonds, which is in coordination with Bolivia’s association of private banks (Asoban), is the latest attempt to shore up the country’s dwindling supplies of hard currency. The bonds will be available for purchase at the BCB and private banks until 30 August with the interest rate varying according to the maturation date. The three-month bond will have an interest rate of 4.5%, the six-month bond 5.0%, the one-year bond 6.0%, the two-year bond 6.25%, and the three-year bond 6.5%.

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