WebsCrypto
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Markets
  • Business
  • Opinions
  • Crypto Prices
Facebook Twitter LinkedIn Telegram
WebsCryptoWebsCrypto
Crypto Prices
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Markets
  • Business
  • Opinions
  • Guides
  • PR
  • Sponsored
WebsCrypto
WebsCrypto—News—Bitcoin News—El Salvador’s Bitcoin Bond Issuance Delayed
Bitcoin News

El Salvador’s Bitcoin Bond Issuance Delayed

By WebsCryptoMarch 20, 2022
El Salvador’s Bitcoin Bond Issuance Delayed
Facebook Twitter Telegram LinkedIn Reddit Email

El Salvador’s $1 billion volcano bond has yet to hit the market, and the volatile international situation could be a key reason for the delay. El Salvador’s Finance Minister Alejandro Zelaya has previously said the bond sale could take place between March 15 and March 20, a process that could be slowed by the war between Ukraine and Russia.

But our tool is almost done. In fact, while lawmakers in El Salvador still have work to do on the bond, according to local newspaper La Prensa Gráfica, as of March 15, the laws needed for the bond had not been brought to Congress.

In November 2021, President Nayib Bukele announced plans to finance the construction of Bitcoin City by issuing bonds with an annual coupon rate of 6.5%. Half of the funds will be used to buy bitcoin, and the rest will be used for infrastructure and geothermal energy-powered bitcoin mining.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
Bitcoin Crypto Cryptocurrency Headlines Market
Related News
Bitcoin News March 19, 2023

Bitcoin Unfilled Contract Down by About 300K BTC Since October 2022 Peak

NFT News March 19, 2023

DeGods Announces BTC DeGods Sold Out in One Bitcoin Block and Sends Inscriptions Based on Transaction Time

NFT News March 19, 2023

RTFKT Announces Nike Air Force 1 Digital Shoe Selection on April 23rd

Market News March 18, 2023

Dutch Financial Market Watchdog to Take Tough Stance on EU Cryptocurrency Regulations

Business News March 18, 2023

FTX Debtors Report $11.6 Billion in Claims and $4.8 Billion in Assets to Bankruptcy Court

Altcoin News March 18, 2023

Paxos Processes Over $7.9 Billion in BUSD Redemptions in 32 Days, Commits to Backing BUSD for At Least a Year

The Latest
Bitcoin News March 19, 2023
Bitcoin Unfilled Contract Down by About 300K BTC Since October 2022 Peak
Business News March 19, 2023
RSS3 Launched an AI Open Platform for Developers to Train GPT Models on Chain Data
Ethereum News March 19, 2023
Ethereum Sees Second-Highest Voluntary Validator Exits Since Merger
NFT News March 19, 2023
DeGods Announces BTC DeGods Sold Out in One Bitcoin Block and Sends Inscriptions Based on Transaction Time
NFT News March 19, 2023
RTFKT Announces Nike Air Force 1 Digital Shoe Selection on April 23rd
Block 3000

WebsCrypto contains crypto news about cryptocurrencies, bitcoin, ethereum, altcoins and more.

Facebook Twitter Instagram LinkedIn Telegram RSS
News
  • Bitcoin News
  • Ethereum News
  • Altcoin News
  • NFT News
  • Market News
  • Business News
Information
  • Opinions
  • Guides
  • Press Release
  • Sponsored
Services
  • About Us
  • Contact Us
  • Advertise
© 2023 WebsCrypto.
  • Privacy Policy
  • Terms of Service

Type above and press Enter to search. Press Esc to cancel.