{"id":2972,"date":"2003-01-17T01:43:56","date_gmt":"2003-01-17T01:43:56","guid":{"rendered":"http:\/\/dr1.com\/new\/pages\/sovereign-bond-interest-rate-9-04\/"},"modified":"2003-01-17T01:43:56","modified_gmt":"2003-01-17T01:43:56","slug":"sovereign-bond-interest-rate-9-04","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2003\/01\/17\/sovereign-bond-interest-rate-9-04\/","title":{"rendered":"Sovereign bond interest rate: 9.04%"},"content":{"rendered":"<p>The pricing for the Dominican sovereign bonds placed yesterday has a spread of 493 points compared to the 10-year US treasury, making its interest rate a 9.04 percent. The interest rate for these bonds are 46 points lower then the last sovereign bonds placed in 2001 for US$500 million. The interest payments will be every six months, and will be for US$27 million dollars. The US$600 million in bonds was placed with ease since there were orders for more than US$1.2 billion according to news reports. According to JPMorgan 70% of the orders came from Americans and 30 percent from Europe. JP Morgan Chase and Salomon Smith Barney (Citigroup investment banking arm) are the co-leaders in this transaction. The funds will be placed in an account held by BanReservas with American Express.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pricing for the Dominican sovereign bonds placed yesterday has a spread of 493 points compared to the 10-year US treasury, making its interest rate a 9.04 percent. The interest rate for these bonds are 46 points lower then the last sovereign bonds placed in 2001 for US$500 million. The interest payments will be every &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2003\/01\/17\/sovereign-bond-interest-rate-9-04\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[20,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/2972"}],"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=2972"}],"version-history":[{"count":0,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/2972\/revisions"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=2972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=2972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=2972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}