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Financiera Desyfin to auction $5M in bonds

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Financiera Desyfin to auction $5M in bonds

Financiera Desyfin SA said it will auction about $5.0 million in bonds from a $10.0 million issuance.

The bonds will be auctioned Oct. 19 and will be settled Oct. 20.

The series C-P15 bonds, which were issued Aug. 12, 2016, have a three-year term and yield at a gross interest rate of 6.52%. Each bond has a face value of $100.00.