Notice on a BRH Sale of USD 120 Million for the Rest of Fiscal Year 2016-2017
Summary: BRH notice of March 16, 2017 announcing the sale of USD 120 million on the foreign exchange market for the rest of fiscal year 2016-2017, USD 20 million of it in the second half of March, and renewing the invitation to buy BRH bonds paying 7% a year plus the exchange rate change.
Key Findings
- The BRH will sell USD 120 million on the foreign exchange market for the rest of fiscal year 2016-2017.
- USD 20 million of the amount will be injected in the second half of March 2017.
- BRH bonds pay 7% a year plus the change in the exchange rate over the holding period and are sold through commercial banks, Le Levier and PROFIN.
Full Description
The BRH announces to commercial banks, savings and housing banks and the public the sale of USD 120 million on the foreign exchange market for the rest of fiscal year 2016-2017, of which USD 20 million will be injected in the second half of March. It also renews its invitation to the public to buy BRH bonds, paid at 7% a year plus the change in the exchange rate (the average selling rate of banks) over the holding period, through commercial banks, the federated popular banks (Le Levier) and the investment promotion company PROFIN. The notice is signed by the Deputy Governor.
How to cite
Bank of the Republic of Haiti (BRH), Notice on a BRH Sale of USD 120 Million for the Rest of Fiscal Year 2016-2017, https://www.brh.ht/wp-content/uploads/avis_brh6.pdf
- Rights holder
- Banque de la République d'Haïti (BRH)