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Uruguay Sovereign Debt Report – July 2020
Summary: - The government launched in June a dual-tranche global offering of local currency (inflation-indexed) bonds and dollar bonds for a total of USD 2 billion. - Domestic bond markets have become an increasingly important source of funding, accounting for 55% of total bond issuance year-to-date. - Recap of government’s external financing strategy through bond markets and multilateral loans since the global onset of the Covid-19, and funding plans for the rest of 2020.