On Tuesday October 19, 2004 the Ministry of Economy and Finance will issue indicative USD 15 million Treasury bills at the Panama Stock Exchange. These Treasury bills mature in six months, Series B-4-2004 due April 22, 2005.
Treasury Bills are short-term instruments issued at a discount to par with maturities at twelve months or less. Base 365/360.
Forms to participate can be found at www.mef.gob.pa or at the Panama Stock Exchange at Avenida Federico Boyd and 49 street, Panama city,
for those interested in participating through authorized agents.
Through the month of September, the Panamanian government issued USD20 million Treasury bills due in twelve months at a price of 96.60%.
Auction results are posted after 10:30 a.m. at the Ministry web page or www.subastavalores.com.pa