{"id":9160,"date":"2024-05-08T14:13:54","date_gmt":"2024-05-08T19:13:54","guid":{"rendered":"https:\/\/focusalcogal.com\/?p=9160"},"modified":"2024-05-08T14:14:57","modified_gmt":"2024-05-08T19:14:57","slug":"panama-internationalizes-securities-issuance-with-euroclear-bank","status":"publish","type":"post","link":"https:\/\/focusalcogal.com\/en\/panama-internationalizes-securities-issuance-with-euroclear-bank\/","title":{"rendered":"Panama Internationalizes Securities Issuance with Euroclear Bank"},"content":{"rendered":"[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text]\n
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February 1, 2024, marks a significant moment for the Panamanian capital market with the access granted to Euroclear Bank<\/a> to internationalize corporate debt issues and those of multilateral and\/or supranational organizations. This initiative, made possible by the link between Euroclear Bank and Latinclear<\/a>, called iLink (International Link), represents a milestone in the evolution of the country’s financial market.<\/p>\n

Since 2014, Panama has maintained a connection with Euroclear Bank to internationalize local debt issues, starting with phase 1 of iLink aimed at issues of the Republic of Panama and quasi-governments. With the implementation of phase 2 of iLink, the door is now open for corporate debt issues and those of multilateral and\/or supranational organizations, as they are\u00a0Euroclearable<\/em>, to be available to international investors, thus strengthening Panama’s position as an international hub in the securities market.<\/p>\n

Among the outstanding benefits of this initiative are:<\/p>\n