The short-term funding instruments are made up of:

Global Commercial Paper Program

The Global Commercial Paper Program, registered in the United States, has a maximum authorized amount of US $ 500.0 million and is placed through agents in the United States.

Characteristics

Regional Commercial Paper Program

The Regional Commercial Paper Program, registered in Costa Rica, has a maximum authorized amount of US $ 200 million. Since its creation, 22 issues have been placed for an aggregate of CRC 205 billion (equivalent to approximately US $ 396.6 million) thus providing greater options to institutional investors in Costa Rica.

Characteristics

Certificates of Deposit Program

The Certificates of Deposit Program has a maximum authorized amount of US $ 2 billion and is aimed at Central Banks, Supranational Entities, Commercial Banks, Public and Private Institutions, and Pension Funds. 

Characteristics