VOL. XXXIII

NO. 8

27-NOVEMBER-1989

Financial and Banking News

Loans & Issues

EXIM Japan Lends $98mn to Algeria

The Japanese Export-Import Bank (EXIM) has lent Algeria a total of 22bn($98mn) under the terms of two agreements signed recently. EXIM has agreed tobuy 2bn of a 10bn private bond placement by Banque Exterieure d'Algerie(BEA) issued in the Tokyo market. This is the second time that EXIM has boughtpublic bonds issued by Algerian Government entities - in October 1987 it boughtpart of a...