Treasury authorizes banks for bond issuance

The Ministry of Treasury and Finance has authorized banks for a 10-year dollar-denominated eurobond issuance, with initial yield expectations around 8.375%.

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The Ministry of Treasury and Finance has authorized BBVA, Citi, Goldman Sachs, and Morgan Stanley today to conduct a 2034-maturity bond issuance in US dollars as part of the 2024 external financing program.

The initial yield expectation for the Treasury's 10-year dollar-denominated eurobond issuance was set at around 8.375%.