tag:blogger.com,1999:blog-5583736851165217706.post2362037411246739137..comments2024-03-18T01:10:55.303-07:00Comments on Western Belize Happenings!: BELIZE- HUBERT ELRINGTON STARS IN COMPETITIVE DEBATE ON BELIZE ECONOMY PRE-ELECTION DEBATE.Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5583736851165217706.post-43764496147339423552012-03-04T21:54:44.341-08:002012-03-04T21:54:44.341-08:00Maria
The UDP in the form of the Finance Ministe...Maria<br /><br /> The UDP in the form of the Finance Minister has stated, they are not allowed to buy back the bonds. Of course they could I believe do so on the OPEN MARKET. Currently the Belize Culture Listserve who investigates such things, said last week, Belize Superbonds 2029 were trading in Berlin for .31 cents on the dollar. They normally trade on the LUXEMBURG MARKET Exchange. I tried to buy some, but the website was not retail buyer friendly, apparently intended only for BANKS. I was contemplating buying the equivalent of $25,000 USA. I gave up as I could not figure out how to do it?A Professional BEACH BUM retires in Belize!https://www.blogger.com/profile/00907312049997148513noreply@blogger.comtag:blogger.com,1999:blog-5583736851165217706.post-82602096012359988452012-02-07T22:18:10.152-08:002012-02-07T22:18:10.152-08:00Hi, I read your blog with enthusiasm. I have a sug...Hi, I read your blog with enthusiasm. I have a suggestion regarding the Super Bond. Why don't you suggest to the Government to use a part of the US$250 million Belize has as International Reserves to buy a big chunk of the Super Bond? If they use US$100 million of reserves, the reserves would still total US$150 million, but it would allow the Government to buy almost twice as much in nominal value of the bonds, as they are trading at 55%, almost US$200 million worth of bonds. So the super bond would be reduced from US$565 million nominal to $365 million nominal- a reduction of 35% of the size of the super bond, with money that Belize already has in the form of International Reserves. Cheers!<br /><br />mariamercedes3@gmail.com<br />mariamercedes3 AT gmail.comMaria Mercedeshttps://www.blogger.com/profile/16824682790676720014noreply@blogger.com