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The Ministry of Finance's (Secretaría de Estado de
Hacienda) nineth monthly public auction was held in
November and received offers for RD$4,607.8MM from
commercial banks, saving and loans associations and
brokerage firms for their own accounts and on behalf
of their clients. Of this total, RD$3,031.1MM was
allocated at interest rates set by market participants.
The 2, 3 and 5 year bond issue totaled
RD$665.8MM;
2,044.9MM
and 320.4MM
respectively, auctioned at weighted average interest
rates of 12.000%,
13.9507%
and
15.8444%
respectively.
The total accumulated of the allocations for the series
of 2, 3 and 5 years is of RD RD$5,413.0MM, RD$11,900.0MM
and RD$1,500.0MM respectively. The available balance for
the three series is of RD$100.0MM for the 2 and 3 year
series and RD$0.0MM for the 5 year series.
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