Home / Daily Briefs / 2022 / 17 / BancoEstado sells local bonds

BancoEstado sells local bonds

BancoEstado sells local bonds

November 17, 2022 | John Quigley
Chilean lender issues $190 mln in three tranches of inflation-linked notes

Bonds Debt Fixed Income Capital Markets Chile

BancoEstado, Chile's only government-owned lender, returned to the local debt market on Tuesday to sell the equivalent of $190 million of inflation-adjusted bonds in three tranches. The bank sold UF2 million ($76.1 million) worth of 2037 bonds and a similar amount of UF-denominated notes due in 2039, it said in a securities filing. Both series priced to yield 2.46%. Additionally, the bank sold UF1 million worth of 2032 bonds at 2.44%. BancoEstado previously tapped the local bond market on Monday

Already have an account?

    Forgot your password?

Free trial

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

Free Trial