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Santo Domingo.- RD$404.3 billion in national and private debt have been placed in the Bourse this year, pacing its expansion since yearend 2011, with RD$136.4 billion in secondary market trades.

Quoted by diariolibre.com, Valores (Securities) superintendent Guarocuya Felix said the Bourse has grown steadily during the last few years.

He said eight issues on private debt for RD$$4.8 billion and US$143.2 million were approved in 2010; with trades totaling RD$3.2 billion and US$123.1 million, respectively.

Felix said the amounts of issues placed on national debt in that period were RD$372.8 billion.

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COMMENTS
4 comment(s)
Written by: foresthill, 15 May 2012 11:15 AM
From: Dominican Republic
Buying and selling debt does not make a stock marke but a private lending institution.
Written by: Ricardolito, 15 May 2012 12:41 PM
From: Dominican Republic, calle A.Portes
you obviously do not understand that the bourse or the stock exchange here deals in equities and bonds ,,with the latter being the greater ,,,and it will grow with time
Written by: foresthill, 15 May 2012 12:46 PM
From: Dominican Republic
Ricardolito, nothing ever grows in the DR only your positive spin on negative issues.

the DR debt is like a purple cancer and it will destroy everything in its path.
Written by: Ricardolito, 15 May 2012 12:54 PM
From: Dominican Republic, calle A.Portes
I doubt if you have any idea what the sovereign debt of the DR is , even within a range of 5% and I am sure you have no idea of the private debt owed overseas .
It is so conservative , and that is why we have such a strong banking sector , unlike Spain which has a low sovereign debt but a huge debt owed by the banks that may send them bankrupt and It is why the goverenment finances are relatively strong , because we have a relatively low sovereign debt to service and to roll over from time to time .
In the meantime we have great progress on many many projects that we have never had before
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