Sovereign Sets Domestic Bond Schedule

Chile’s government plans to sell 5 and 10-year domestic bonds monthly from mid-July through December, the Hacienda says. Last month, it announced it would issue $1.7bn equivalent in local bonds to finance a projected fiscal deficit. The auctions will offer a combined total of CLP170bn in 5-year peso-denominated bonds, UF13.5m in UF-denominated inflation-indexed 5-year bonds and UF25m in 10-year notes.