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Results 5th Auction

 

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.