The Chilean independence debt was a debt obtained from a large loan the nascent republic of Chile obtained in the last years of its independence war.
The loan was obtained in London in 1822 by the government of Bernardo O'Higgins.
[2] Chilean agent Francisco Javier Rosales was sent to London to negotiate the payments of the debt in 1836.
[2] Exports of Chilean silver alongside copper and wheat were instrumental to help Chile prevent default in the 1830s and 1840s.
[2] Joaquín Tocornal who succeeded Rengifo as Minister of Finance paid off all the default and refused at the time to take new loans.