June was busy month in terms of bond issuance for the Chilean government. On 13 June, the finance ministry raised a total of US$2.3bn on international capital markets through the re-opening of a previously-issued 2030 bond, together with the issuance of a new 2047 bond. This was followed on 21 June with the re-opening of bonds expiring in 2021 and 2035, which together raised just over US$2bn. This latter sale was also made available to local investors, who purchased 21% of the bonds. The funds from these operations will be used partly to finance the budget deficit.End of preview - This article contains approximately 603 words.
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