The accumulated waters which pour down into the depression are gathered into the two basins of Lake Managua and Lake Nicaragua.
On the mainland is the terminus of a railway to Leon, Managua and other commercial centres.
LEON, the capital of the department of Leon, Nicaragua, an episcopal see, and the largest city in the republic, situated midway between Lake Managua and the Pacific Ocean, 50 m.
Now, however, Lake Managua is almost a closed basin in the dry season, when the stream in parts of the Panaloya channel sinks to a mere rivulet.
Owing to its position on the lake, and its excellent communications by rail and steamer, Managua obtained after 1855 an important export trade in coffee, sugar, cocoa and cotton, although in 1876 it was temporarily ruined by a great inundation.
The capital is Managua (pop. 1905, about 30,000); other important towns are Leon (45,000), Granada (25,000), Masaya (20,000), Chinandega (12,000), and the seaports of Corinto (3000) and Greytown (2500).