DR Preps DCM Return

DR Preps DCM Return

Dominican Republic Bonds

The Dominican Republic plans to hold fixed-income investor meetings next week, inching closer to its first DCM transaction of 2013. The country has authorization to issue up to $1bn under its 2013 budget, and has mandated Citi and Deutsche Bank to take it on a US and European roadshow. Investors note the sovereign’s bonds have sold off more than regional peers in anticipation of a new deal that has kept buyers waiting for three months. With USTs rallying on the long-end of the curve, investors w

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial