"Despite the fact that the Dow is down 700, the response of the domestic investor has not yet started."

Secondary trading finally began on 28 August 1995, open to both domestic and international investors.

Chile, he added, "will continue to be a country of opportunities for foreign and domestic investors."

The possibility of a change in government led foreign and domestic investors to dump Canadian dollars.

But for the most part, domestic investors remained on the sidelines.

He said that most domestic investors had been staying out of the market.

Half of the notes were sold in Europe; the other $50 million to domestic investors.

No mention was made of a similar "road show" for domestic investors.

And their gains look even better to domestic investors, thanks to the falling dollar.

"Those fears have put private domestic and foreign investors on the sidelines."