Uruguay Raises US$1.7 Billion in Global Bond Reopening
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Uruguay successfully reopened its global sovereign bonds, raising the equivalent of US$1.697 billion. The operation included a peso bond maturing in 2035, placed at a fixed yield of 7.75%, and a dollar bond maturing in 2037. The total demand reached USD 3,353 million equivalent, double what was placed, with 49% from resident investors. The operation was praised for showing investor confidence in Uruguay's economy and public finances.
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