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Bolivia to issue government bonds

Published on Oct. 23, 2012

 
Read Bolivia to issue government bonds

For the first time since the 1920s, Bolivia will issue government bonds in order to collect 500 million dollars. According to The Wall Street Journal, Bank of America and Goldman Sachs will be in charge of meeting with potential investors.

Bolivia is now seeking for new investors since the former contributors left due to oil and gas nationalization in 2006. The energy sector was particularly affected by this flight.

However, the world market situation is in favor, since low rates paid in developed countries lead more and more investors to emerging countries.

“During this year, 55,700 million dollars have been issued in form of debt, which exceeds the total amount of 55,300 million dollars issued last year”, the ...

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