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LatinNews Daily - 17 January 2020

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In brief: Paraguay places bonds in international market

*Paraguay’s finance minister, Benigno López, has announced that the government has successfully placed US$450m in sovereign bonds in the international markets. López said that the 30-year bonds offered an annual interest rate of 4.45%, one percentage point lower than the rate offered by similar bonds issued last year and the lowest ever for 30-year Paraguayan bonds. López added that demand for the bonds was eight times oversubscribed and that the funds raised would be used to repay Paraguay’s public debt and to finance infrastructure and housing projects.