Bolivia seeks reserves boost from retail bond sale
The Central Bank of Bolivia (BCB) announced on January 27 that it would offer dollar-denominated bonds to Bolivian residents receiving international payments. The unusual move is designed to shore up the central bank’s reserves.
In a statement, the central bank said it would offer “BCB Remittance Bonds” with an individual face value of $100 each. Each customer may purchase up to 100 bonds. The interest would be paid in bolivianos, but the principal would be paid back in US dollars unless
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