Dominican Republic eyes pesos ahead of tax reform test

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Dominican Republic eyes pesos ahead of tax reform test

Dominican Republic, DomRep, DR, Santo Domingo, 575, LatAm, Caribbean
Anatoly Kireev/Bankerok - stock.adobe.com

The Dominican Republic is likely to return to bond markets shortly with a local currency deal, after launching a tender offer for old bonds that is contingent on a new issue. Citi and JP Morgan are managing the liability management exercise — their fourth consecutive mandate with the Caribbean sovereign.

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