LatinNews Daily - 28 June 2021

In brief: Panama issues new bonds

* Panama’s economy & finance ministry (MEF) has issued new treasury bonds for US$1.25bn with a 3.62% yield due to mature in 2031 and reopened a global bond for US$750m, with a 3.774% yield, due to mature in 2050. The MEF said the funds raised by the new bonds would be used to finance the 2021 government budget and debt obligations. The MEF added that of the US$2bn total, US$715.9m would be used to repurchase treasury bonds due to mature in 2022 and US$412.9m for global bonds due to mature in 2024, to mitigate future refinancing risks.

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