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Global funds scramble for billion-dollar Panama issue

Friday, April 12, 2019

More than 100 international funds have taken part in purchase orders for a $1 billion issue of Treasury notes placed by the government of Panama.

The Economy ministry said in a statement that this is the first time in which foreign investors have had access to a Treasury note issued under the terms of Panama's laws and the rules of the nation's stock market, La Prensa reports in Spanish.