Paraguay

Paraguay has announced the successful tender of its 5% bonds due in 2026, with the tendered aggregate purchase price reaching USD 261.12 mln, surpassing the USD 124.8 mln maximum purchase price. The country also closed USD 500 mln of 6% USD bonds due in 2036 and issued new 7.900% PYG bonds due in 2031, planning to allocate a portion of the new bonds’ net proceeds towards the purchase of existing bonds.