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The World Bank provides local currency financing to a client by directly funding in that client’s own currency. The bond issue contributes to the deepening of domestic capital markets and allows domestic pension funds
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Document Date: 2015-05-12 13:28:27
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Country
Uruguay /
/
Currency
UYU /
USD /
/
/
Organization
Uruguay government /
World Bank’s Executive Board of Directors /
World Bank /
/
Person
Gerard Pesantez /
/
/
Position
Head /
/
SocialTag
Bond
Government debt
Swap
Euro
Debt
Uruguayan peso
Financial market
Exchange rate
Currency swap
Economics