Contact us (+ 7 (921) 446-25-10)
×
Texting is available for authorized users.
Please register or log in at the website.
×
Your request for online training has been sent. Cbonds managers will be in touch with you shortly. Thank you!

Paraguay: bonds

In 2012, the Paraguayan economy contracted as a result of adverse conditions for the agricultural sector during the first half of the year due to a drought and an outbreak of FMD that affected beef exports. Preliminary Central Bank estimates for 2012 indicate a decline in real GDP of 1.2%, driven by a decline in agricultural production of about 28%. However, following a contraction in the first half of the year, the economy recovered in the second half of 2012 driven by a recovery of the livestock sector and the strength of the non-rural economy. Nonagricultural sector estimates for 2012 indicates an increase of 5%, in real terms. Preliminary estimates for the overall balance in 2012 for the central government indicates a deficit of 1.8% of GDP.
The public sector debt-to-GDP ratios of total public sector debt to GDP, as of December 31, 2011, was 10.6%. As of December 31, 2011, Paraguay’s public sector external debt was US$2.3 billion, a decrease of approximately 2.2% from the end of 2010. The Inter-American Development Bank and the World Bank are Paraguay’s largest creditors, accounting for 73.6% and 16.3% as of December 31, 2011, respectively, of total public sector external debt. Paraguay’s borrowings from multilateral organizations are used primarily for infrastructure and social development programs. As of December 31, 2011, public sector total outstanding domestic debt was approximately US$457.9 million, of which US$392.6 million was issued by the central government. Paraguay has issued treasury bonds in the domestic market through the Central Bank since 2006 and on the Asunción Stock Exchange since July 2012. In 2012, Paraguay issued eight series of bonds through the Central Bank and Asunción Stock Exchange, amounting to a total of approximately US$231.6 million.

Outstanding bond issues

Сurrency Outstanding bond issues Cumulative volume
sovereign
PYG 17 2 159 173 000 000
USD 6 3 560 000 000
municipal
PYG 8 147 800 000 000
corporate
PYG 262 3 617 052 367 665
USD 148 9 055 420 609

Sovereign rating

Rating AgencyRatingRating scaleDate
Dagong Global *** International scale rating (foreign curr.) ***
Dagong Global *** International scale rating (local curr.) ***
Organisation for Economic Co-operation and Development (OECD) *** Country Risk Classifications ***
Moody's Investors Service *** LT- foreign currency ***
Moody's Investors Service *** LT- local currency ***
S&P Global Ratings *** Foreign Currency LT ***
S&P Global Ratings *** Local Currency LT ***
Fitch Ratings *** LT Int. Scale (foreign curr.) ***
Fitch Ratings *** LT Int. Scale (local curr.) ***
Registration required. Please log in or fill in the registration form.

Latest bond issues

issue ISIN coupon volume end of placement maturity date
Paraguay, 7.9 24oct2028 - Domestic bonds PYTNA01F8731 7.9% 60 000 000 000  PYG 10/23/2018 10/24/2028
Millicom International Cellular, 6.625% 15oct2026, USD - International bonds XS1894610119 6.625% 500 000 000  USD 10/11/2018 10/15/2026
Banco Itau Paraguay, 7.25% 8oct2021, PYG (1) - Domestic bonds PYTAU01F8740 7.25% 40 000 000 000  PYG 10/11/2018 10/08/2021
Lc Risk Management, 7.25% 14sep2023, USD (1) - Domestic bonds PYLCR01F8683 7.25% 300 000  USD 09/21/2018 09/14/2023
Lc Risk Management, 7.75% 12sep2024, USD (2) - Domestic bonds PYLCR02F8690 7.75% 300 000  USD 09/21/2018 09/12/2024
Lc Risk Management, 8% 11sep2025, USD (3) - Domestic bonds PYLCR03F8707 8% 400 000  USD 09/21/2018 09/11/2025
Lc Risk Management, 13% 14sep2023, PYG (1) - Domestic bonds PYLCR01F8659 13% 2 500 000 000  PYG 09/21/2018 09/14/2023
Lc Risk Management, 13.5% 12sep2024, PYG (2) - Domestic bonds PYLCR02F8666 13.5% 2 500 000 000  PYG 09/21/2018 09/12/2024
Lc Risk Management, 14% 11sep2025, PYG (3) - Domestic bonds PYLCR03F8673 14% 2 500 000 000  PYG 09/21/2018 09/11/2025
Tape Pora, FRN 30aug2033, PYG (7) - Domestic bonds PYTPO07F8646 AFD + 2.75% to 02.09.2021, then AFD + 3% to 04.09.2023, then AFD + 4% to 04.09.2028, then AFD + 5%<br> where AFD - the rate of Agencia Financiera de Desarrollo for the product "Financiamiento de Proyectos de Inversion a traves de Adquisicion de Bonos de la AFD" (PROCRECER)<br> Coupon is paid quarterly till 01.09.2020, then monthly<br> 60 000 000 000  PYG 09/03/2018 08/30/2033

World Bond market statistics

Quarterly indices

Type: I 2018 IV 2017 III 2017 II 2017 I 2017 IV 2016 III 2016
BIS volume of international-bond market of emerging countries
[10399] Paraguayan international bonds, USD bln 4.000 3.500 3.500 3.500 3.500 3.000 3.400
BIS net issues of international-bond market of emerging countries
[10459] International-bond net issue of Paraguay, USD bln 0.500 0.000 0.000 0.000 0.500 0.400  

New issues of Emerging markets International Bonds

Monthly indices

Type: Nov 2018 Oct 2018 Sep 2018 Aug 2018 Jul 2018 Jun 2018 May 2018
Emerging Markets International Bonds (Latin America)
[18509] Number of Paraguay new international bond issues 0 1 0 0 0 0 0
[18451] New issues of Paraguay international bonds, USD bln 0.000 0.500 0.000 0.000 0.000 0.000 0.000
show other indices

Yearly indices

Type: 2017 2016 2015 2014
Annual new International Bonds issues (Latin America)
[19247] Annual new issues of Paraguay sovereign international bonds, USD bln 0.500 0.600 0.280 1.000
[19307] Annual new issues of Paraguay corporate international bonds, USD bln 0.500 0.000 0.500 0.300
[19367] Annual new issues of Paraguay corporate international bonds, (financial sector) USD bln 0.000 0.000 0.000 0.300
[19427] Annual new issues of Paraguay corporate international bonds, (non-financial sector) USD bln 0.500 0.000 0.500 0.000

Emerging Markets International Bonds

Monthly indices

Type: Nov 2018 Oct 2018 Sep 2018 Aug 2018 Jul 2018 Jun 2018 May 2018
Volume of Latin American International Bonds Markets
[21435] Paraguay international bonds, USD bln 6.160 6.160 4.660 4.660 4.660 4.660 4.660
[21495] Paraguay corporate international bonds, USD bln 2.600 2.600 1.100 1.100 1.100 1.100 1.100
[21555] Paraguay sovereign international bonds, USD bln 3.560 3.560 3.560 3.560 3.560 3.560 3.560
show other indices

Currencies

Daily indices

Type: 12/11/2018 12/10/2018 12/07/2018 12/06/2018 12/05/2018 12/04/2018 12/03/2018
Exchange Rates (Emerging Markets)
[12673] USD/PYG 5 917.3335 5 912.0158 5 919.3002 5 952.6228 5 951.4819 5 955.7301 5 950.7559
show other indices

Macroeconomic Indicators (World economy)

Monthly indices

Type: Oct 2018 Sep 2018 Aug 2018 Jul 2018 Jun 2018 May 2018 Apr 2018
Inflation Rate (World), % to the same period of the previous year
[15709] Inflation Rate (Paraguay) 4.10 4.00 3.90 4.00 4.40 3.50 3.60
show other indices

Yearly indices

Type: 2017 2016 2015 2014
Government Debt to GDP (World), %
[15349] Government Debt to GDP(Paraguay) 24.10 22.80 19.70 17.60

Bonds prices

issue volume maturity date bid prices ask prices
date bid price yield date ask price yield
Paraguay, 4.625% 25jan2023, USD   USD 01/25/2023 05/18/2016 ***.** *.* 05/18/2016 ***.** *.**
Paraguay, 5% 15apr2026, USD   USD 04/15/2026 05/18/2016 ***.* *.** 05/18/2016 ***.** *.**
Paraguay, 6.1% 11aug2044, USD   USD 08/11/2044 05/18/2016 ***.** *.** 05/18/2016 ***.** *.**
Banco Continental Paraguay, 8.875% 15oct2017, USD   USD 10/15/2017 05/18/2016 ***.* *.** 05/18/2016 ***.*** *.**
Banco Regional, 8.125% 24jan2019, USD   USD 01/24/2019 05/18/2016 ***.*** *.** 05/18/2016 ***.*** *.**
Millicom International Cellular, 4.75% 22may2020, USD   USD 05/22/2020 05/18/2016 **.*** *.** 05/18/2016 **.*** *.**
Millicom International Cellular, 6% 15mar2025, USD   USD 03/15/2025 05/18/2016 **.* *.** 05/18/2016 **.** *.**
Millicom International Cellular, 6.625% 15oct2021, USD   USD 10/15/2021 05/18/2016 ***.** *.** 05/18/2016 ***.*** *.**
Telecel, 6.75% 13dec2022, USD   USD 12/13/2022 05/18/2016 ***.** *.** 05/18/2016 ***.** *.**
* Registration required. Please log in or fill in the registration form.
minimizeexpand
Cbonds is a global fixed income data platform
  • Cbonds is a global data platform on bond market
  • Coverage: more than 170 countries and 250,000 domestic and international bonds
  • Various ways to get data: descriptive data and bond prices - website, xls add-in, mobile app
  • Analytical functionality: bond market screener, Watchlist, market maps and other tools
×