Economy

Bonds to buy at half price in Lanzarote sold out in two hours

The Canary Islands Government platform sold 280 bonds per minute. 1.2 million euros have been exchanged throughout the archipelago.

EKN

The Minister of Commerce visits one of the associated stores

The Vice President and Minister of Economy, Industry, Commerce and Self-Employed of the Government of the Canary Islands, Manuel Domínguez, reported that the Archipelago Consumption Bonds put on sale this Monday were sold out on all the islands except Gran Canaria.

The coupons went on sale at 12 noon and two hours later they had sold out in La Palma, Tenerife, Lanzarote and La Graciosa, La Gomera, El Hierro and Fuerteventura.

Each coupon had a value of 50 euros, of which 50% has been paid by the customer at the time of acquiring the bond, and the other 50% has been financed by the General Directorate of Commerce and Consumption of the Government of the Canary Islands through the chambers of commerce of the islands. The user pays 25 euros, although the value is double, that is, 50 euros. 

The web platform www.bonoconsumoarchipielago.com sold about 280 bonds per minute, with the average waiting time in the virtual queue being one hour.

Currently, there are only a few coupons left to sell that correspond to the island of Gran Canaria, the only island that has never joined campaigns of this type through the Cabildo or its town halls. 

The campaign, managed by the four chambers of commerce, is the first of a regional nature and has a budget of 2.5 million euros. A total of 80,000 bonds have been put on sale distributed as follows: Tenerife, 29,455; El Hierro, 2,419; La Gomera, 2,826; La Palma, 4,293; Gran Canaria, 29,620; Lanzarote and La Graciosa, 6,469; and Fuerteventura, 4,920.

At the regional level, 1,258,847.40 euros have been exchanged in small businesses on all the islands and 2,079 establishments are attached to the campaign.