{"id":135530,"date":"2020-01-27T15:50:42","date_gmt":"2020-01-27T15:50:42","guid":{"rendered":"http:\/\/ny1.dr1.com.do\/wordpress\/?p=135530"},"modified":"2020-01-27T20:39:15","modified_gmt":"2020-01-27T20:39:15","slug":"dominican-republic-places-us2-5-billion-in-capital-market","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2020\/01\/27\/dominican-republic-places-us2-5-billion-in-capital-market\/","title":{"rendered":"Dominican Republic places US$2.5 billion in capital market"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" width=\"546\" height=\"350\" src=\"https:\/\/dr1.com\/wordpress\/wp-content\/uploads\/2020\/01\/Ministerio-de-Hacienda-Diario-Libre.jpg\" alt=\"\" class=\"wp-image-135585\" srcset=\"https:\/\/dr1.com\/news\/wp-content\/uploads\/2020\/01\/Ministerio-de-Hacienda-Diario-Libre.jpg 546w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2020\/01\/Ministerio-de-Hacienda-Diario-Libre-300x192.jpg 300w\" sizes=\"(max-width: 546px) 100vw, 546px\" \/><\/figure><\/div>\n\n\n\n<p>The Ministry of Hacienda (Treasury) announced it has placed a bond for US$1 billion at 4.0% and maturity of 10 years, and another for US$1.5 billion at 5.875% and maturity of 40 years. The Ministry says that the placement was authorized in the National Budget (Law 506-19) for 2020 and the Public Debt Securities Law. <\/p>\n\n\n\n<p>Diario Libre points out that the US$2.5 billion placement adds up to 83.7% of the debt-taking approved in the general state budget for the year. The foreign debt is now at US$38.5 billion, or 43% of the GDP. As of 31 December 2019, the Non-Financial Public Sector debt was at US$35.94 billion. <\/p>\n\n\n\n<p>The Ministry says the funds will allow compliance with the state\u2019s investment plan and to meet government obligations. <\/p>\n\n\n\n<p>The Ministry says that the 10-year issue for US$1 billion with an interest rate of 4.50% is a milestone as it is the lowest interest rate obtained for a Dominican bond placement. More so, he says this is the first time a Dominican bond is issued for 40 years. <\/p>\n\n\n\n<p>Read more in Spanish:<br><a href=\"https:\/\/www.diariolibre.com\/economia\/gobierno-coloca-bonos-en-el-mercado-internacional-de-capitales-por-us-2500-millones-AD16621364\">Diario Libre<\/a><br><a href=\"https:\/\/www.diariolibre.com\/economia\/con-la-ultima-emision-la-deuda-supera-ya-los-us-38000-millones-OC16636495\">Diario Libre<\/a><br><a href=\"https:\/\/hoy.com.do\/colocacion-bonos-es-desenfreno-del-endeudamiento\/\">Hoy<\/a><br><a href=\"https:\/\/listindiario.com\/la-republica\/2020\/01\/24\/601302\/fuerza-del-pueblo-considera-a-danilo-como-gran-endeudador\">Listin Diario<\/a><\/p>\n\n\n\n<p>27 January 2020<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Hacienda (Treasury) announced it has placed a bond for US$1 billion at 4.0% and maturity of 10 years, and another for US$1.5 billion at 5.875% and maturity of 40 years. The Ministry says that the placement was authorized in the National Budget (Law 506-19) for 2020 and the Public Debt Securities Law. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2020\/01\/27\/dominican-republic-places-us2-5-billion-in-capital-market\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[271,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/135530"}],"collection":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/comments?post=135530"}],"version-history":[{"count":2,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/135530\/revisions"}],"predecessor-version":[{"id":135586,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/135530\/revisions\/135586"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=135530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=135530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=135530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}