panamalaw.org
is our skype name
Yahoo Messenger
with Zfone
panamalaworg
is our yahoo name, click here for instructions
or use our
encrypted email system
Translate this page into...
Bond Description – These bonds are issued by the Central Bank of Guatemala, which is the official government bank for the country. They are bearer bonds which means ownership is vested to the person who owns the bonds physically. These are not registered bonds in that they are not in the name of a person or corporation. The person who possesses the Bond physically owns the bond. Ownership can be transferred by merely passing the bonds to the new owner. No reportage of the change of ownership is necessary.
These are legally considered negotiable instruments. Some countries require declarations of cash only when crossing borders. A few countries require the declaration of negotiable instruments and this should be taken into account when crossing borders with these bonds if the nations involved require them to be declared. Once again most nations only require declarations of cash not negotiable instruments.
Click the image to enlarge
Denomination – The bonds are denominated at $250,000 each. The bonds are denominated in US Dollars. They bonds pay an interest rate of 7.0% per annum (USD bonds), paid twice per annum in two equal installments. Bonds denominated in local Guatemala currency pay 9% per annum, again in two payments per year.
Term – Can vary from two years to nine years. Bonds can be sold at any time. Redemption is upon maturity only.
Interest – The interest rate is 7% per annum for USD, 9% for local currency. Interest is paid twice per year, two equal installments, paid by the Guatemala Central Bank. The bonds have a payment schedule on the rear of the bearer bond with the date, and amount of interest payment. There is a signature box next to the payment to show the payment was in fact received.
Escrow – The bonds can be purchased through an escrow. The purchaser can be a corporation, foundation, trust, or natural person. The time to close the escrow can be a day or two. Once the bonds and the funds are in the escrow it closes. The Central Bank can also be contacted by the escrow holder or other parties to establish authenticity as well. These instruments are guaranteed to be authentic and will pass any and all-due diligence.
Delivery – You can keep the bonds in a bank vault. They can be held by the law firm under a limited power of attorney. You can take them with you. Whatever you want to do with them, they are your bonds.
Collecting Interest – You can collect the interest payments. The lawyer could do so and wire them anywhere. Other solutions available.
Bond Ratings – Moody's has raised the USD bond rating to Ba2 which is in line with their currency rating. Standards and Poor's has given them a rating of BB-plus. This places them one step under investment grade and considering the high yield and anonymity it is a good package.
About Guatemala– This is an excellent opportunity to own a high yield US Dollar instrument backed by a solid democratic government. Guatemala has no history of defaulting on their debt. Guatemala is the largest nation in Central America. The economy is $33,000,000,000. The population is over 14 million people. They have 4.9 metric tonnes of gold. The have 6.9 billion dollars of foreign currency reserves and gold holdings. The economy of Guatemala is growing 2-3% per quarter. They have agriculture, fishing, award winning coffee, furniture manufacturing, garment manufacturing, flower exporting, manufacture of construction supplies and tourism with over 125 cruise ships stopping there last year. Guatemala has an extremely modern airport with non-stop flights direct to and from Europe, North America, and South America. Tourism attractions are Antigua, Mayan ruins, Lake Attitlan (volcanic lake), Rain Forests, and beaches on Pacific and Caribbean.
About Bearer Bonds – This is a highly desirable instrument that for the most part has been removed from the marketplace. Bearer bonds offer a tremendous degree of anonymity in that nowhere is the owners name associated with the bond. Looking up the bond to see who owns it is impossible.
Questions – Feel free to inquire.
![]() |
||||||
|
*Offshore Legal Associates Law Firm.We have no legal ties or associations with any other law firm or corporation with similar or like sounding names anywhere and should not be so confused with any other entity having a similar or like sounding name.