Some ₲ 3,643,235,000,000 (US$ US$ 500 million) worth of bonds were issued at an interest rate of 7.9%, with a 7-year maturity while for those issued in US dollars it was of 12 years.
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When companies or other entities such as governments need to raise money for new projects, fund operations, or refinance existing debts, they may issue bonds directly to investors. Many corporate ...