New Road Map for Tenders: Luis Caputo Will Offer Dollar Bonds to Local and Foreign Investors
3 Articles
3 Articles
To seduce foreign exchange and comply with the IMF, the government removes restrictions on investors and issues bonds in Spain. The plan is a strong bet on the carry trade.
The measures are part of the financial strategy aimed at reducing the state’s indebtedness as a percentage of GDP, in line with the official commitment of “zero fiscal deficit,” Economy said.
The Ministry of Economy announced a new financing plan for the Treasury, which includes the possibility of subscribing securities in dollars. "The option of subscribing securities with maturity of more than one year will be enabled using dollars, for an amount of up to $1 billion per month," the portfolio said. He explained that this modality will be available to resident and non-resident investors. It was also indicated that the BCRA will elimi…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium