La Araucana Bonds Price Tight

La Araucana Bonds Price Tight

Chile

Chile-based financial institution Caja de Compensacion La Araucana has issued CLP10bn ($21m) in local 5-year bonds via a Dutch auction. The notes have a coupon of 7.00% and priced at 100.39 to yield 6.90%. They have a spread of 116bp over the BCP ben

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