11% is a safe interest rate on my country (py), I just got a 14.5% offer for local bonds BBB+
It's less surprising Paraguay has 14.5% interest rates when you realise there's persistent 4% inflation (spiking to 11% in 2022).
Effective interest rate is something like 7-10%
It's less surprising Paraguay has 14.5% interest rates when you realise there's persistent 4% inflation (spiking to 11% in 2022).
Effective interest rate is something like 7-10%