Paraguay outlines local debt sale

Paraguay outlines local debt sale

Bonds Paraguay

Paraguay is looking to issue the equivalent of $58m in local seven-year bonds to provide a boost to the domestic capital markets and round out its fundraising requirements for the 2017 budget."There are a lot of resources in the market that are not being channeled into the economy," Lea Gimenez, Paraguay’s vice minister for economic affairs, told LatinFinance. "We want to use this to generate long-term lending locally."Paraguay has $58m remaining in it capital markets fundraising plans for

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