Chilean banks tap local bond market

Chilean banks tap local bond market

Bonds Debt Fixed Income Capital Markets Chile

Three banks in Chile have sold debt on the local market, taking advantage of an increase in investor appetite after voters rejected a rewrite of the country's constitution, according to securities filings. Banco Bci placed CLP15 billion ($16.5 million) in bonds that mature in December 2025 at average rate of 8.15%, it said in a filing. It was the bank's third placement in a week, after having issued CLP17 billion and CLP11 billion in two sales last week. The local subsidiary of Canadian lender S

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