90% of Bondholders In on 'Superbond'

And while the DFC Commission of Inquiry investigates bond operations as they were at the DFC, the operation "Superbond" to mop up all that mess is still underway. Belize's money managers are confident that by this time tomorrow the Superbond offering will have closed successfully.

Senior finance officials indicate that they are expecting at least 90% participation with full representation from major bondholders such as the International Bank of Miami and the Royal Merchant Bank in Trinidad. The Zurich Insurance Group is also now expected to come on board.