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The Ministry of Finance's (Secretaría de Estado de
Hacienda) tenth monthly public auction was held in
December and received offers for RD$584.8MM from
commercial banks, saving and loans associations and
brokerage firms for their own accounts and on behalf
of their clients. Of this total, RD$200MM was allocated
at interest rates set by market participants. The 2 and
3 year bond issue totaled RD$100.0MM and 100.0MM
respectively, auctioned at weighted average interest
rates of 11.2000% and 13.1445% respectively.
With this last auction of the year, the total allocated
for the series of 2, 3 and 5 years is RD$19,013.0MM
which is the amount budgeted in the National Budget for
Government Bonds Auctions.
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