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Banco Panameño de la Vivienda to offer bonds worth $2M
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Banco Panameño de la Vivienda SA said that it plans to auction bonds worth $2.0 million on Dec. 27.
Banvivienda, as the company is known, will auction the series BF bonds with a fixed interest rate of 3.375% and a term of 180 days. The securities will be issued Dec. 29.
Proceeds from the offering will be used to provide liquidity and to diversify its funding sources.