MercoPress. South Atlantic News Agency

Paraguay successfully issues bonds in local currency

The Government of Paraguay made history Monday by issuing international bonds worth US$ 500 million for the first time in local currency, it was reported in Asunción. “Paraguay makes history by issuing for the first time bonds in guaraníes in the international market. This means that from now on Paraguayan companies will be able to issue abroad, both in guaraníes and dollars, since they will have a reference interest rate to do so,” President Santiago Peña said. Read full article