July 22, 2021
Chile sold €1.75 billion ($2.06 billion) worth of social bonds in a two-part deal on Wednesday as part of the government's 2021 additional financing plan, the Finance Ministry said in a statement.
The ministry said it set a new five-year benchmark with €1 billion in 2027 bonds and also placed €750 million in 2036 bonds to raise funding for education and healthcare programs as well as efforts to recover from the COVID-19 pandemic.
The 2027 bonds carried a coupon of 0.1% and priced to yield 0.296%
Sovereign issuer raises $2 bln in a two-part deal as part of its additional financing plans for 2021