February 10, 2021 |
Uruguay is planning a benchmark-sized sale of peso-denominated bonds in the cross-border market in 2021, but it doe not intend to sell debt in foreign currency in the short term, a source at the finance ministry told LatinFinance on Tuesday.
Uruguay will sell peso-denominated global notes under New York law, much like it did in 2020 and 2017, but it has not decided if it will tie the new notes to inflation or price them with a fixed interest rate, the source said.
In June last year, Uruguay iss
Sovereign issuer looks to sell peso-denominated bonds in the international market, but does not see a foreign-currency issue in the short term