Spanish
The Dominican Republic issued sovereign bonds in international markets for a total of 1.6 billion dollars, maturing in 10 years and a rate of 5.87%, the Government reported this Wednesday.
According to the Ministry of Finance and Economy of the Caribbean country in a statement, the placement registered a demand exceeding 5,000 million dollars.
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Treasury highlighted that this occurs in an international environment "characterized by high financial volatility and persistent pressures on global rates". The Government also emphasized that in the country risk index EMBI of J.P. Morgan, the Dominican Republic "is at its lowest historical level, around 200 basis points." The ministry announced that the funds obtained will be used, in accordance with the Dominican Republic General Budget Law 2025, with a focus on "infrastructure projects and investment works in sectors such as transportation, energy, water, health and education, in line with the Government's commitment to a prudent, transparent and sustainable fiscal policy". "The solid and diversified international demand confirms the positioning of the Dominican Republic as a reliable and reference issuer among emerging markets", said the Dominican Minister of Finance and Economy, Magín Díaz.
