On August 6th, Uruguay concluded successfully the issuance of a new 2024 dollar global bond and concurrently executed an intraday liability management exercise in the international market.
Uruguay has built a sizable financial shield to reduce the fundamental vulnerabilities that affected the country in the past, bringing sustainable foundations for economic growth and social development and providing more flexibility in the event of market turbulence.
Uruguay executed a liability management transaction in November 2012 that allowed the Central Government to further improve its external debt profile, creating a new liquid benchmark bond in US Dollars