Global bonds allocation in sight

DOMINICAN REPUBLIC - In Brief 16 May 2019 by Pavel Isa

As we noted in our last monthly report, the Ministry of Finance is preparing to issue and allocate global bonds in the international market. The information was provided yesterday by Minister Donald Guerrero, who also indicated that the unusual delay in the placement of the 2019 bonds has been due to the volatility that has prevailed in the market associated with the trade tension between China and the United States. Congress authorized financial sources for up to USD 4.45 bn for the 2019 budget, of which USD 3.05 bn should be external financing and, out of that, USD 2.25 bn should be from ...

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