The Dominican Gobierno, under the auspices of the Ministry of Health, is issuing a sovereign bonus issue of US $ 2500 million, in the international market, agreed with the General Statute of the State of 2021, approved by the National Congress.
This transaction is structured in trams, the first, a repurchase of a voucher that exists for an amount of US $ 1,000 million with revenge in the 2030, a yield of 3.87%, representing a reduction in the cost to the country, in this place, of 0.63%.
The second tram is a new bonus of US $ 1,500 million on sale in 2041, with a yield of 5.3%, since it is the first Latin American sober issue and emerging markets with madures at 20 years, details a Hacienda communication.
This issue, directed by the Minister of Health and the Deputy Minister of Public Credit, Jochi Vicente and María José Martínez, has a historic demand for US $ 10,000 million, so, 4 times the amount required.
Mediante this operation, which accounts for the assets of Citibank and JP Morgan, reduces the cost of the debt of the Public Sector Geen Financiero 9 basic points, and the live broadcast will be extended from 12 to 12.2 years.
“The demand that we hold on to is a clear signal of confidence and credibility that the inversionists in our country and the Government have, through the management of the State’s finances through the administration,” the minister said. ¨
The Deputy Minister of Public Credit explained that we approve the favorable financial conditions that will be presented this week to ensure an important part of the external financing stipulated in the General Prosecutor of the State, with the end to cover the needs.