trending Market Intelligence /marketintelligence/en/news-insights/trending/repwfum-ebqoodx-jsotmg2 content esgSubNav
In This List

Panama's Banco La Hipotecaria to offer 2 series of bonds worth $7.1M

Blog

Spotlight on sustainability How banks can overcome the challenges of achieving Net zero by 2050

Blog

Insight Weekly: US election scenarios; borrowing costs rise; commercial REIT fears

Podcast

Street Talk | Episode 100 - KBW CEO offers optimism for bears fearful of bank liquidity, credit

Blog

Insight Weekly: Stocks endure more pain; bank branch M&A slows; debt ratios fall


Panama's Banco La Hipotecaria to offer 2 series of bonds worth $7.1M

Banco La Hipotecaria SA said it will auction two tranches of negotiable commercial securities under an existing rotating securities program worth up to $35.0 million.

The bank on March 28 plans to offer $3.0 million worth of 180-day series DCH bonds carrying a 3.25% rate. It also will auction about $4.1 million of the 360-day series DCI notes April 3, with a quarterly 4.00% interest rate.

Funds from the sale of the securities will be used to finance the growth of the issuer's mortgage loan portfolio, the Panama-based lender said.