The Ministry of Finance announced that it will conduct a bookbuilding process, a method where investors submit subscription proposals to gauge demand and establish the final conditions of the operation. This process involves five and eight-year maturities, with expiration dates on August 13, 2030, and August 13, 2033.
The current phase includes two auctions: $75 million, approximately 64.7 million euros, with maturity on August 13, 2030, and a 5% interest rate; and another $75 million with maturity on August 13, 2033, carrying a 7% interest rate.
Subscriptions are open from December 3 to December 19 and can be made through authorized banks and intermediaries. Settlements are scheduled for December 12 and December 23.
The Ministry of Finance asserts that this operation aligns with the strategy to bolster domestic financing sources, diversify funding avenues, and promote the capital market, supporting the economic and social goals outlined in the General State Budget for 2025.
