Paraguay plans to issue a new global bond worth USD 500 mln by early July to finance its deficit and extend debt maturities, according to deputy finance minister Roberto Mernes. The finance ministry is considering bond durations of up to 12 years with an interest rate of about 6.1%. A portion of the issuance, up to USD 70 mln, could be used to refinance a section of the government’s 2026 bond. Paraguay’s domestic debt market is also attracting foreign investors due to new rules enabling Paraguayan banks to buy government bonds on behalf of non-resident investors.