El Diario reports:

Bond purchases from El Salvador

State at risk of losing $ 191.2 million

• BCB: Bonds from El Salvador are “fully” guaranteed by the Central American Bank

The state is at risk of losing $191.2 million dollars, owing to the economic instability of El Salvador, said Sen. Óscar Ortiz, a Democrat, who said that the board of directors of the Central Bank of Bolivia (BCB) Authorized in 2016 to carry out three operations of purchase of treasury bonds of that country.

On the other hand, the president of the BCB, Pablo Ramos, assured that the investment in bills of the treasure of El Salvador, is “fully” guaranteed by the Central American Bank of Economic Integration (CABEI), that has one of the majors and more reliable risky qualifications.

http://www.eldiario.net/noticias/2017/2017_05/nt170503/principal.php?n=87&-estado-en-riesgo-de-perder-191-2-millones-de-dolares

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