Chile goes big in dollars to take chunk out of funding needs

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Chile goes big in dollars to take chunk out of funding needs

Santiago de Chile, Chile, skyline, Andes, skyscraper, LatAm, 575
Aaerial view of Santiago skyline at sunset with Costanera skyscraper and Andes Mountains - Santiago, Chile | diegograndi - stock.adobe.com

Having sold €1.75bn ($2.1bn) of social bonds in euros on Wednesday, Chile returned to the dollar market for the fourth time this year on Thursday to print $3.75bn of social bonds across three tranches — the week after it had increased its 2021 funding needs by $8bn.

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