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Costa Rica approves up to $4 billion in eurobonds

Thursday, August 2, 2012

Costa Rica's legislative assembly approved the government to issue up to $4 billion in eurobonds by a vote of 47 to one. Final approval is expcted next week.

Edgar Ayales, the finance minister, said the bonds will be launched in November.

This will be Costa Rica's first venture into international capital markets since 2004.


Full story (in Spanish)