0001193125-15-054111 Sample Contracts

AMENDMENT NO. 2 TO FISCAL AGENCY AGREEMENT
Fiscal Agency Agreement • February 19th, 2015 • Panama Republic Of • Foreign governments • New York

AMENDMENT No. 2 (this “Amendment”), dated as of February 13, 2015, to the Fiscal Agency Agreement, dated as of September 26, 1997, as amended by Amendment No. 1 thereto, dated September 4, 2003 (as so amended, the “Fiscal Agency Agreement”), between the Republic of Panama (the “Issuer”) and The Bank of New York Mellon (as successor to JPMorgan Chase Bank, N.A., formerly known as Chase Manhattan Bank), as Fiscal Agent.

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