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October 3, 2024
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Central Bank launches the “BCB Christmas” bonus with interest of up to 7.5% and accessible through a mobile application

Central Bank launches the “BCB Christmas” bonus with interest of up to 7.5% and accessible through a mobile application

October 3, 2024, 18:56 PM

October 3, 2024, 18:56 PM

The Central Bank of Bolivia (BCB) launched the bond this Thursday “Christmas BCB” 2024 – 2025, which offers “very attractive” interest payments up to 7.5% and available through traditional sales channels and now also through a new application (app) mobile, reported the president of the issuing entity, Edwin Rojas, in a press conference held in La Paz.

“The bonus will be available from October 3, 2024 to February 28, 2025 (…). There will be bonuses both in Bolivians and in UFV (Housing Promotion Unit),” said Rojas, explaining that he will pay a rate of annual interest of 7% for 9 months and 7.5% for 1 year; Meanwhile, UFV offers an annual interest rate of 3.1% for 6 months, 3.3% for 9 months, 3.5% for 1 year and 3.7% for 1 and a half years.

“In both cases they have very attractive interest rates in terms of what exists in the market today,” he highlighted.

He explained that both in Bolivians and in UFV, Each bond has a price of Bs 1,000 and the maximum purchase limit per person is 500 bonds. Traditionally it can be purchased at BCB counters, the website www.bcb.gob.bo and the Unión, Ganadero, Pro mujer and Diaconía banks.

In February, the BCB reported that the bond, in its version 2023-2024, placed a total of Bs 214 million.

In addition to these sales channels, the “Bond Sale” mobile application, with the aim that it reaches savers in an agile and simple way.

“Along with the QR developmentwill allow small savers to easily buy the BCB bond in addition to calculating online what the benefit they would obtain on their investments will be,” Rojas highlighted.

The “BCB Christmas” bonus is a financial instrument primarily purchased by merchants, retirees, professionals among other sectors, mainly in La Paz, Cochabamba and Santa Cruz.

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