RI is the amount of highly liquid external assets that have a quid pro quo relationship with liabilities of the balance sheet of the Central Bank of Ecuador (BCE).
The balance of net foreign assets of the BCE until July 3 of this year was $ 5,118.1 million, while the balance of the monetary liabilities and other obligations was $ 5,574.4 million.
The main income of the international reserves are tax revenues, exports of petroleum and derivatives, domestic debt issuance, deposits of local governments, payments of foreign debt and private exports, among others.
According to the Government, the resources coming from the last placement of $ 750 million in 2020 sovereign bonds in the international market, in a 5-year time and with a coupon (yield) of 8.5%, will strengthen the country’s international reserves and comply with the Annual Investment Plan 2015, which exceeds $ 8,000 million.
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