Chilean Central Bank Keeps Pace of Daily Dollar Purchases

Chile’s central bank will continue to buy $50 million a day over the next month to build international reserves, according to data published on its website today.

The bank plans to sell $690 million of inflation-linked bonds and $263 million of fixed-rate bonds in pesos over the next month. The biggest maturity will be $222 million of five- year inflation bonds in three auctions.

The bank will also auction $339 million of inflation-linked government bonds and $152 million of government bonds in pesos, it wrote.

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