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Capital Markets Development
The overall objective of the program is to strengthen thecapital market in Costa Rica by creating an environment conducive to the emergence of a credible and efficient public debt market that can later serve as a basis for private-sector debt and equity issues. The specific objectives of the program are to achieve improvements in public debt management policy,including improvements in auction placement procedures and standardized public debt issues. This action is to be complemented by the design of a central book-entry system to record the transfer of ownership of securities, as well as the establishment of an associated clearing and settlement system consistent with the international standards established by the Group of Thirty. The program will also support the restructuring of the CNV.

Project Detail

Country

Costa Rica

Project Number

TC9611022

Approval Date

July 30, 1997

Project Status

Closed

Project Type

Technical Cooperation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

REFORM / MODERNIZATION OF THE STATE

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 2,290,000.00

Country Counterpart Financing

USD 690,000.00

Original Amount Approved

USD 1,600,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/MT-5644-CR Non-Sovereign Guaranteed USD - United States Dollar Technical Cooperation Facility Nonreimbursable
Operation Number ATN/MT-5644-CR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Technical Cooperation Facility
  • Financial Instrument: Nonreimbursable
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