The Paraguayan government has also issued an additional tranche worth US$600 million at a rate of 6.65% for a term of 30 years.

Paraguay has launched its second sovereign bond issue in domestic currency, reaching a total amount of 4.7 trillion guaraníes (US$ 591 million), with an interest rate of 8.5% and an unprecedented term of 10 years.

In addition, the Paraguayan Ministry of Economy and Finance explained on Wednesday that it has issued an additional tranche worth US$ 600 million with a rate of 6.65% for a term of 30 years.

Both demand and investor participation have shown notable interest. The dollar tranche registered 7.5 times higher demand, reaching US$4.52 billion.

The guaraní issue attracted more than 44 international investors, reflecting the interest in acquiring the Santiago Peña government's bonds in local currency, while more than 150 investors participated in the placement of the dollar tranche, consolidating Paraguay's position in global financial markets.

This milestone represents a point of reference for Paraguayan companies seeking to attract foreign capital to finance their investments.

In addition, this issue diversifies the Paraguayan government's portfolio, continuously and gradually increasing the proportion in local currency and extending the maturity dates of public debt.

"These results reaffirm the confidence of international investors in the country's solid macroeconomic fundamentals, its economic prospects and the policies implemented by the Government to strengthen public management," the ministry said.