November 20, 2020
Chile's Finance Ministry said Thursday that it sold CLP1.6 trillion ($2.11 billion) in Euroclearable social bonds, raising money to cover healthcare services and relief efforts during the COVID-19 pandemic.
The ministry split the deal into two parts with $1.37 billion in 2028 notes at fixed rate of 2.5% and $739 million in 2033 notes at 3.4%, it said in a statement.
Foreign investors acquired 48% of the peso-denominated bonds, surpassing the previous record of 24% from a deal in 2019, and orders
Foreign investors buy 48% of $2.1 bln in new Euroclearable notes in a two-part deal