NewsWhore
07-21-2011, 03:10 PM
The Dominican Republic has placed US$500 million in bonds at a 6.95% yield due 2021 on international markets. As reported in Diario Libre, offers of more than US$3 billion were received within the first hour of the placement. Diario Libre reports that this is the lowest yield in the economic history of the DR. The economic team carrying out the transaction was made up by Hacienda Minister Daniel Toribio, Central Bank governor Hector Valdez Albizu, Department of Public Credit of the Ministry of Hacienda director Edgar Victoria and Roberto Cabanas, in charge of credit negotiations at the Department of Public Credit.
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More... (http://www.dr1.com/index.html#4)