Auction August 2020

On Tuesday August 4, 2020, the Ministry of Finance, through the Public Debt Office (CP), conducted the competitive auction scheduled for that month.

In the auction invitation, a 10-year bond (MH1-2030) was offered in the amount of DOP2,500.0 million. The participants, commercial banks, savings and loan associations, as well as stock exchanges both on their own behalf and in favor of their clients, demanded a total of DOP7,061.5 million, obtaining a weighted average price and return of 103.8127% and 9.7470%, respectively.

In the first round the total allocated was DOP2,500.0 million with a price and cut-off rate of 105.1427% and 9.5355%, respectively.

As stipulated in the Market Makers Program Regulation, CP called, on Wednesday, August 5, a second round of non-competitive auction with the Market Makers whose bids were allocated in the first round. In this second round, the MH1-2030 bond was offered in the amount of DOP2,500.0 million at the same cut-off rate obtained in the first round, 9.5355%. A total demand of DOP2,500.0 million was received from the participants, all of which was allocated.

For more details, see the auction results.