Chile will delay bond issue to upgrade to fund coronavirus aid plan

Chile will delay bond issue to upgrade to fund coronavirus aid plan

The Chilean government said on Monday it would delay a bond issue planned for Wednesday to add "additional financing needs" for a recently announced emergency package to safeguard jobs amid the coronavirus outbreak.

The finance ministry previously said it would sell Treasury bonds of up to $8.7bn in 2020, $5.4bn of which would be peso-denominated and $3.4bn on the open market.

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