The approval in the legislative chamber of the project law that extends the legal regime of bonds issued by the Dominican State constitutes a guarantee that makes the investment in those financial instruments more attractive.  The Minister of Finance, Lic. Vicente Bengoa Albizu, valued the approval of the project explaining that investors will be able to use them in any type of obligation contracted with the Government, whether it is payment of taxes, debts, among others.

This innovation aims to increase the investors' confidence in these instruments, to obtain financing structures more cost effective for the Government and to continue developing the capital market in the country.

The new law is applicable to public credit operations, through issuance of instruments with authorization of the Legislative chamber, including law 490-08 and the law 498-08 of Public Income and Expenditures Budget Law for the present year.  This includes the monthly public auction program that the Ministry of Finance is coordinating through the Public Debt Office.