DR launched sovereign bonds

DOMINICAN REPUBLIC - In Brief 17 Sep 2020 by Magdalena Lizardo

The Dominican Republic has just launched sovereign bonds equivalent to USD3.8 bn. The total amount is distributed in: 1) USD1.8 bn corresponding to 12-year bonds to yield 4.875%; 2) USD1.7 bn corresponding to bonds maturing in 2060 to yield 6.250%; and 3)DOP17.5 bn, equivalent to USD300 corresponding to bonds issued in local currency to yield 10% and maturing in 2026.

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