On Tuesday March 6, 2010 the Ministry of Finance (MoF) of the Dominican Republic, through the Public Debt Office, held its third Monthly Auction. This auction received offers for RD$7,141.4 MM from commercial banks, saving and loans associations and brokerage firms for their own accounts and on behalf of their clients.  Of this total, RD$2,862.8MM (US$78.75 million equivalent at the exchange rate RD$/US$ 36.3546) was allocated.  The amount allocated for the 5 and 7-year bonds totaled RD$ RD$610.0 (US$16.78 million equivalent at the exchange rate RD$/US$ 36.3546) and RD$52.8 MM (US$1.45 million to the exchange rate of RD$/US$ 36.3546), allocated at weighted average interest rates of 12.6382% and 13.7238%, respectively.

The 150-day and 273-day Treasury Bills assigned totaled RD$1,800.0MM (US$49.51 million to the exchange rate of RD$/US$ 36.3546) and RD$400.0MM (US$11.0 million to the exchange rate of RD$/US$ 36.3546) auctioned at the weighted average rates of 5.9136% and 6.2347%, respectively.  The forth auction is scheduled for May 4th as part of the published 2010 calendar for the Public Securities Auction Program.