July 9, 2018 |
Incoming finance minister says the sovereign may issue up to $1bn next year, mulls changes to country's debt raising plans
Under current law, the government must outline its debt issuance plans in the annual budget and submit a request to Congress to tap global debt markets.
“We are exploring the possibility of one single authorization for the whole term,” Lopez said. “We’re in the process of looking at what is the best approach. This could give us more flexibility, particularly in the current market environment.”