Chile Central Bank Sells $146 Million of Two- and Five-Year Debt

Chile’s central bank today sold $146 million of fixed-rate and inflation-linked bonds due in two and five-years.

The bank had orders for six times the 15.5 billion pesos ($31.7 million) of fixed-rate two-year bonds sold and set a yield of 5.37 percent, according to data posted on its website. The yield on the 16 billion pesos of five-year fixed-rate bonds was 5.62 percent, after the bank received bids for 5.2 times the amount sold.

The $81.2 million of five-year inflation-linked bonds paid a yield of 2.44 percent with a bid-to-cover ratio of 2.9 percent. The bonds were denominated in unidades de fomento, Chile’s inflation-linked accounting unit.

To contact the reporter on this story: Sebastian Boyd in Santiago at sboyd9@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net