Paraguay’s Valdovinos: bond issuance ‘not all about the money’
$500 million issuance was six-times oversubscribed
The governor of the Central Bank of Paraguay has said the nation’s most recent bond issuance “was not all about the money”, it was about alerting financial markets that the Latin American nation is a safe haven for investment.
On March 22, Paraguay’s government launched a $500 million, 10-year bond issuance. The new bonds – the first issued in more than 12 months – will be used to pay off existing debt and finance public infrastructure projects across the country.
“For a country like Paraguay
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