Itau Chile Raises Local Bond

Itau Chile Raises Local Bond

Chile Bonds

Itau Chile has issued UF2m ($93m) in the domestic bond market. The unit of the Brazilian bank priced a UF1m 7-year tranche with a 3.50% coupon at a discount to yield 3.69%, or the BCU7 government bond plus 114bp. A UF1m 11-year tranche with a 3.50% c

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