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The Ministry of Finance's (Secretaria de Estado de
Hacienda) fifth monthly public auction was held in July
and received offers for RD$1,077.3MM from commercial
banks, saving and loans associations and brokerage firms
for their own accounts and on behalf of their clients.
Of this total, RD$1,027.3MM was allocated at interest
rates set by market participants. The 2 and 3 year bond
issues totaled RD$19.7MM and RD$1,007.6MM and
were auctioned at weighted average interest rates of
14.0635% and 13.9973%, respectively.
The total accumulated of the allocations for the series
of 2, 3 and 5 years is of RD$1,889.7MM, RD$ 4,081.5MM
and RD$211.1MM respectively. Whereas the accumulated of
the non-assigned allocations for the series of 2, 3 and
5 years is RD$1,033.0MM, RD$ 288.1MM and RD$ 111.0MM
respectively. |