Nicaragua has injected two banks with almost $5.87 million to boost their credit line.

The Central Bank announced in a statement that it paid $4.9 million to Banco de la Producción and $967,716.96 to Banco de Crédito Centroamericano.

The funds are meant to provide a lift to the banks' negotiable certificates of deposit.

From 2000 to 2003, Nicaragua issued these certificates – known as CDs, or in their Spanish acronym, Cenis – amid the panic from five crashing banks, Banco Sur, Intercontinental Bank, Banco Mercantil, Banco del Café and Banco Nicaragüense de Industria y Comercio.