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Banvivienda to issue $3M in bonds


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Banvivienda to issue $3M in bonds

Banco Panameño de la Vivienda SA, said that it plans to auction bonds worth $3.0 million on Dec. 29.

Banvivienda, as the company is known, will auction the series CF bonds with a fixed interest rate of 3.375% and a term of six months. The securities will be issued Jan. 3, 2018.

Proceeds from the offering will be used to finance an expansion of assets.