Paraguay prints new cross-border bonds

Paraguay prints new cross-border bonds

Bonds Debt Capital Markets Corporate & Sovereign Strategy Economy & Policy Fixed Income Paraguay

Paraguay came to the international debt market with a two-part deal worth $826 million on Wednesday, raising money to fund the budget for 2021 and to buy back most of its 4.625% 2023 bonds, according to sources following the deal. The South American landlocked nation placed $600 million in new 11-year bonds and added $226 million to its 5.4% 2050 notes. It priced the 2033 bonds at par to yield 2.739%, or 165 basis points over US Treasury notes, and priced the 2050 tap to yield 4.089%, equal to a

Already have an account?

Free trial

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

Free Trial