Uruguay increases funding needs for 2022

Uruguay increases funding needs for 2022

Corporate & Sovereign Strategy International Financial Institutions Inter-American Development Bank (IDB) CAF Bonds Economy & Policy Debt Fixed Income Capital Markets Uruguay South America

Uruguay has increased its total financing needs to $4.29 billion and plans to issue $3.71 billion in bonds this year with an emphasis on the local market, the debt management unit at the ministry of economy and finance said in a report on Monday. As a result, Uruguay expects to post net debt of $1.95 billion by the end of the year, up from a previous estimate of $1.85 billion, according to the report. Uruguay issued UYU44.7 billion ($1.11 billion) in local bonds in January and followed that with

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