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Panama's Banco Internacional de Costa Rica to offer $2.0M in bonds

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Panama's Banco Internacional de Costa Rica to offer $2.0M in bonds

Panama-based Banco Internacional de Costa Rica SA on Oct. 11 plans to offer one-year negotiable commercial bonds worth up to $2.0 million, according to a regulatory filing.

The series FE bonds, which are part of the bank's negotiable bonds program for up to $100 million, will carry an annual interest rate of 3.75%.

The bonds will be issued Oct. 13, the bank said.