{"id":18385,"date":"2023-08-19T16:35:41","date_gmt":"2023-08-19T16:35:41","guid":{"rendered":"https:\/\/www.africa-press.net\/cape-verde\/all-news\/bond-loan-creates-financial-slack-of-900000-escudos-per-month-for-ribeira-grande-municipality-president"},"modified":"2023-08-19T17:42:21","modified_gmt":"2023-08-19T17:42:21","slug":"bond-loan-creates-financial-slack-of-900000-escudos-per-month-for-ribeira-grande-municipality-president","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/cape-verde\/all-news\/bond-loan-creates-financial-slack-of-900000-escudos-per-month-for-ribeira-grande-municipality-president","title":{"rendered":"Bond loan creates financial slack of 900,000 escudos per month for Ribeira Grande municipality \u2013 president"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Cape verde. <\/strong><\/span>The bond issue, worth 130 thousand escudos, made by the City Council of Ribeira Grande de Santiago Anta\u0303o, to settle its municipal debt, will create a financial break of 900,000 escudos monthly escudos to the municipality.<\/p>\n<p>With this operation, in the form of a private offer, carried out by the Cabo Verde Stock Exchange (BVC) and whose results were presented this Thursday, in the city of Praia, all bank commitments of the Municipality of Ribeira Grande are concentrated in the Banco Comercial do Atla\u0302ntico (BCA), which was the liquidator bank.<\/p>\n<p>\u201cWe had a monthly commitment of around 2,700 escudos per month and we managed to bring that down to around 1,600 escudos, creating a gap that allows us to make investments without putting the council into debt,\u201d said the mayor, Orlando Delgado.<\/p>\n<p>This was the first of two operations, the second of which will be a public subscription offer, with the participation of local investors, in the amount of 110,000 escudos, destined for projects in the municipality.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/cape-verde\">Cape verde<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Cape verde. The bond issue, worth 130 thousand escudos, made by the City Council of Ribeira Grande de Santiago Anta\u0303o, to settle its municipal debt, will create a financial break of 900,000 escudos monthly escudos to the municipality. With this operation, in the form of a private offer, carried out by the Cabo [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":18384,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[233,331,328],"class_list":["post-18385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-cape-verde","tag-cape-verde"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Bond loan creates financial slack of 900,000 escudos per month for Ribeira Grande municipality \u2013 president - Cape Verde<\/title>\n<meta name=\"description\" content=\"The bond issue, worth 130 thousand escudos, made by the City Council of Ribeira Grande de Santiago Anta\u0303o, to settle its ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/cape-verde\/all-news\/bond-loan-creates-financial-slack-of-900000-escudos-per-month-for-ribeira-grande-municipality-president\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bond loan creates financial slack of 900,000 escudos per month for Ribeira Grande municipality \u2013 president - 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