Uruguay Peso Note Demand Hits Record Low Yield

Uruguay · Markets Key Facts —Instrument Reopening of Serie 13 Notas del Tesoro en Pesos Nominales (nominal peso Treasury notes), maturing 29 June 2030. —Amount Offered UYU 2,250,000,000 (~US$56-57 million). —Demand Received UYU 9,668,930,000 (~US$242 million), roughly 4.3x the offer. —Amount Issued UYU 4,406,230,000 (~US$110 million), nearly double the original offer. —Record Yield Annualized yield…