Patricio Sepulveda

Head of Public Credit
Ministry of Finance, Republic of Chile

Patricio Sepulveda

Biography

Mr. Sepúlveda is currently the Head of Public Debt Management Office (PDMO) for the Ministry of Finance, where he has also acted as Senior Advisor since 2002. Mr. Sepúlveda obtained his BA in Commercial Engineering, concentrating in Economics, from the Universidad de Talca (Chile) and has a postgraduate degree in Business Administration and a Master of Science in Financial Economics from the Catholic University of Leuven (Belgium).

As Head of the PDMO, Mr. Sepúlveda has placed bonds for over US$150 billion in the local and international markets. Under his management, the curves have been extended, issuing longer bonds. In 2016, he performed one of the most important LM operation in the local market, with the aim to create strong references in both inflation linked and nominal curve. In 2017, he issued the first domestic Euroclearable bonds offered simultaneously to local and international investors. Additionally, in 2017-2018, he designed the structure and hired Chile’s first insurance against earthquake for US$500 million with the World Bank.

In 2019, he oversaw the first issuances of Chilean Green Bonds. More recently, he oversaw the issuance of several ESG instruments, including Green, Social, Sustainable and Sustainability-Linked bonds of the Republic of Chile. As of September 2022, these issuances add up US$33 billion, which represent 28.7% of government debt.


Speaker at these events:

Bonds & Loans Andes 2021 - Virtual Conference

Bonds, Loans & Sukuk 24 2020