Uruguay to buy back $105m of bonds

Oliver West

September 11, 2017 04:30 am

Uruguay — RIO DE JANEIRO, Brazil - Diego Forlan (10) of Uruguay shoots in the first half of a World Cup Round of 16 match against Colombia at the Estadio do Maracana in Rio De Janeiro, Brazil, on June 28, 2014. James Rodriguez of Colombia can be seen in the background. Colombia won 2-0, advancing to the nation's first World Cup quarterfinals. (Kyodo) | */AP/Press Association Images

South American sovereign Uruguay will use some of the proceeds from its Ps31.603bn ($1.1bn) of new 10 year local bonds to buy back nearly $105m of old dollar and inflation-linked notes.

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Topics

Uruguay Americas LatAm Bonds Emerging Markets LatAm Latin America

OW

Oliver West

US Bureau Chief - Latin America Editor