fbpx
Unemployment Relief Program: Reasons for rejections valid
June 10, 2020
Elections sooner rather than later? Briceno calls for new national mandate
June 10, 2020

Superbond has better rate of return than Treasury notes

Posted: Wednesday, June 10, 2020. 2:40 pm CST.

By Aaron Humes: People’s United Party (PUP) Treasurer Christopher Coye pointed as part of the party’s arguments against the US $30 Treasury Notes, it notes that the concurrent Superbond offers a rate of return, at 15 percent, better for investors than the proposed 6 percent the Notes offer.

Coye concludes that investors may not be as attracted to the Notes except for some beholden to Government.

And Party Leader John Briceno added that while the terms look attractive, they resemble “loan shark money.”

Nonetheless, the Party is weighing the issue of making a legal challenge. Briceno says he does support taking the issue to the House of Representatives, and expects there will be a meeting in the next two weeks to determine the way forward in managing COVID-19.

 

Advertise with the mоѕt vіѕіtеd nеwѕ ѕіtе іn Belize ~ We offer fully customizable and flexible digital marketing packages. Your content is delivered instantly to thousands of users in Belize and abroad! Contact us at mаrkеtіng@brеаkіngbеlіzеnеwѕ.соm or call us at 501-601-0315.

 

© 2020, BreakingBelizeNews.com. Content is copyrighted and requires written permission for reprinting in online or print media. Theft of content without permission/payment is punishable by law.

Comments

  • Galen University
  • Belmopan Aggregates
  • larry waight
  • Belmopan Aggregates
  • cahal pech village resort
  • Galen University
  • Shindaiwa
  • Belmopan Aggregates