Chile leans on locals for Q2 funding after adding $4bn corona borrow

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Chile leans on locals for Q2 funding after adding $4bn corona borrow

Chile, Santiago, coronavirus, lockdown, desserted, arid, LatAm, covid-19, 575
(200328) -- SANTIAGO, March 28, 2020 (Xinhua) -- A deliveryman rides on the street in Santiago, Chile, March 27, 2020. Chile has adopted a "progressive quarantine" to help control the spread of the disease in the country, where 1,610 cases and five deaths have been registered. The government has closed borders and even isolated some areas, installed sanitary cordons, and imposed a national curfew. (Photo by Jorge Villegas/Xinhua) | unreguser/Xinhua News Agency/PA Images

With Covid-19 measures expected to add $4bn to Chile’s 2020 debt issuance, the sovereign is still to define the source of $4.5bn of funding for this year, according to the country’s head of international finance.

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