Economy

Economy May 12, 2020 | 7:16 am

Dominican Republic issues US$727.3M of debt

Santo Domingo.- The Finance Ministry on Monday announced a special issue of internal debt of RD$40 billion (US$727.3 million) to deal with the pandemic. The bonds were purchased by four pension fund managers, Finance said in a statement. The securities, called COVID-19 economic stimulus emergency bonds, were purchased in equal parts by AFP Crecer, Popular, Reservas and Siembra. The invest... Read more

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