News
Date: 06/Mar/2009
Government announces auction schedule in local market for bonds
Government announces auction schedule
Government announces auction schedule for 10-, 20-, and 30-year local-currency debt equal to US$ 1.0 billion in 2009.
From March 25 through December 16 of 2009, the Chilean Government will hold monthly auctions of peso-denominated bonds on the local market worth some US$ 1.0 billion. The schedule is available on the Finance Ministry website in the section on the Office of
Public Debt (
http://www.hacienda.cl/oficinadeuda). Along with historic information on public debt issues the section contains information on the following:
• Summary of the general terms and conditions of bonds issued in 2009
• Issue decrees of bonds issued in 2009
• Facsimiles of bonds issued in 2009
• Operative regulations pertaining to bonds issued in 2009
• Schedule of 2009 bond issues
These issues are part of a strategy to contribute to and maintain s
UFficient
liquidity in the fixed income market, and to establish benchmarks for the financial market. The issue and placement of 30-year bonds in 2008 provided a reference curve for fixed income instruments that was well received by the market. Because of this, and as announced, we will issue the 30-year bond again in 2009.
As announced on January 8, 2009, issues by the Treasury General will be as follows: i) peso-denominated 10-year bonds (BTP-10) for a total of 240 billion pesos, through an offer of BTP-10 bonds issued in 2008; ii) 20-year
inflation-adjusted bonds (BTU-20) for a total of 10 million UF; iii) 30-year inflation-adjusted bonds (BTU-30), for a total of 10 million UF.