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Auction July 2010

On Tuesday June 6th, 2010 the Ministry of Finance (MoF) of the Dominican Republic, through the Public Debt Office, conducted its sixth Monthly Auction. This auction received offers for RD$1,305.2 MM (USD$35.5 million at the exchange rate RD$/US$ 36.7621) from commercial banks, saving and loans associations and brokerage firms for their own accounts and on behalf of their clients. 

The total assigned was RD$218.4 MM (US$5.94 million equivalent at the exchange rate RD$/US$ 36.7621).  The total amount allocated corresponded only for the 5-year at weighted average interest rates of 12.1947%.

The seventh auction is scheduled for august 10th as published in the 2010 calendar for the Public Securities Auction Program.

Please register at http://www.creditopublico.gov.do/inversionistas/registro.aspx, to receive this and other regular updates from the Public Debt Office.