Uruguay eyes local currency as yields compress
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Emerging MarketsEM LatAm

Uruguay eyes local currency as yields compress

Uruguay, Montevideo, Plaza de la Independencia, LatAm, 575

Uruguay’s dollar bonds are hot property, but the sovereign is planning to focus its international bond issuance efforts on its domestic currency in 2021 as it looks to develop the peso market and increase the share of its debt burden in the currency.

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