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LatinNews Daily - 18 January 2021
In brief: DR hails successful bond placement
* The Dominican Republic’s finance ministry has issued US$2.5bn worth of bonds on international markets. The issuance is structured in two parts - the reopening of an existing bond, worth US$1bn, which matures in 2030 with a 3.87% yield; and a new bond, worth US$1.5bn, to mature in 2041 with a 5.3% yield. The Dominican government described the response to the issue as “historic”, receiving offers of around US$10bn.
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