Costa Rica’s Ministry of Finance successfully placed €1 billion (approximately $1.172 billion) in bonds on the local market, the third such issuance in five months, bringing total recent financing to €3 billion. The bonds were assigned at a rate of 5.83% with a 2033 maturity.
On the political front, President-elect Laura Fernández declared that the Legislative Assembly must “do the right thing” regarding a potential ethics sanction against lawmaker Fabricio Alvarado, who faces allegations of sexual abuse brought by former congresswoman Marulin Azofeifa.
