Chile pays up for euro presence, renews 10 year in dollars

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Chile pays up for euro presence, renews 10 year in dollars

Oliver West
December 04, 2014 11:30 am
Chile, Bachelet
CHILE, Santiago: Chilean president Michelle Bachelet arrives at the Moneda Presidential palace in Santiago, Chile, on March 11, 2014. Socialist new president Michelle Bachelet returned to power four years after her last mandate with a reform agenda to reduce social disparities. | ANDR…S BRAVO/PA Images

Bankers close to Chile’s international bond market comeback said that the quality of the order book and long-term diversification meant it was worth the sovereign paying as much as 30bp more to sell 10 year debt in euros than it did in US dollars.

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Oliver West
US Bureau Chief - Latin America Editor
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