Paraguay: The finance ministry has announced that a Paraguayan government delegation will be travelling to the US next week to drum up interest there for the planned issue of US$500m of bonds in international financial markets. A ministerial statement said that the delegation is due to meet with potential US investors ahead of the issue scheduled for later this month. This will be only the fourth time that Paraguay has issued sovereign bonds in international markets, and the finance ministry has said that the government is seeking to take full advantage of the current “interesting window in the financial markets” to secure financing for this year’s national budget.
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