Uruguay adds liquidity to 2050s with tap after rally

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Uruguay adds liquidity to 2050s with tap after rally

Tabare Vazquez, Uruguay
Uruguayan President-elect Tabare Vazquez gestures during a press conference where he announces his cabinet picks for his next term in Montevideo, Uruguay, Tuesday, Dec. 2, 2014. (AP Photo/Matilde Campodonico) | Matilde Campodonico/AP/Press Association Images

A new issue premium of around 20bp looked hefty for investment grade sovereign borrower Uruguay this week.

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