Capital Markets and Emerging Markets Policy

The Dominican Republic Further Refines IR Practices

September 21, 2011

In the context of gradual improvement in public debt management and transparent policy with international investors, the Dominican Republic is taking proactive measures aimed at enhancing sovereign IR practices. Authorities’ commitment to report their policy actions and intentions to the international financial community is demonstrated by recent non-deal roadshows conducted in major financial centers, including New York and London, with related presentation and background information available in the website of the Public Credit (PC) Unit.

In the context of heightened risk aversion in international capital markets, authorities exploit the benefits of novel social network media by keeping investors and users up to date on recent and upcoming activities, while gradually improving the content and presentation in the PC and related IR website. Authorities’ efforts to strengthen transparency practices include the preparation of a roadmap for subscription to the SDDS standards, and explore the implementation of regular conference calls to international investors in the near future.