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Budget Office To Sell As Much As $500M in January

CHILE

Chile: A bit more colour on the dollar sales headline:

  • Looks to be a renewal of USD sale operations. Chile’s Budget Office, a division of the Finance Ministry, said it will auction $500m in Jan. with a maximum per day of $100m, according to a statement on its website.
  • “For the month of January 2023, it is estimated to auction a total amount of up to US$500 million, with a daily maximum of US$100 million. It is important to point out that the aforementioned amounts are subject to modifications, either due to significant changes in market conditions and/or in the financing needs of the fiscal fund, which would be informed in a timely manner.”
  • https://www.dipres.gob.cl/598/w3-propertyvalue-25351.html

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