Americas

US market volatility has kept Latin American primary bonds silent for nine straight business after what had been a record start to the year. But even though EM borrowers from other parts of the world are this week pricing deals, Lat Am bankers are in no hurry to bring new debt issuance from the region while the volatility persists.

The new bond issues may be flowing in emerging markets, but after weeks of volatility, the era of easy execution is over.

The US government’s agreement to remove the country’s debt ceiling early in February has left the buy-side waiting for a wave of issuance from the US Treasury — including this week, when the largest ever T-bill auction took place. But as opportunities arise for investors, one has warned that the public may end up seeing the bond market as "the bad guys."

South America’s smallest nation, Suriname, suffered a rating downgrade late on Tuesday, due to Moody’s fears of a further erosion in the country’s fiscal metrics.

China’s FX watchdog loosens its grip on FX forward settlement, HSBC becomes the first foreign bank to handle an individual RMB remittance transaction following a rule change in January and the Securities and Exchange Commission (SEC) stopped an attempt by Chinese investors to acquire the Chicago Stock Exchange.

Chicago-based futures brokerage Rosenthal Collins Group on Tuesday announced that it had appointed Jason Manumaleuna president of the organisation, replacing industry veteran Maureen Downs, who left last December.

We are excited to announce that the GlobalCapital Bond Awards Poll is now open.

The Financial Conduct Authority on Tuesday called upon technology experts from across the finance industry to give feedback on a new automated way to provide the FCA with regulatory reports.

Deal-contingent hedging can be a great way to hedge risks associated with mergers and acquisitions, but a number of pitfalls can flummox first time users of these specialist derivatives.

Banco Supervielle, the Argentine lender, is looking to increase the size of its existing bond shelf from $800m to $2.3bn, according to a regulatory filing.

The UK Embassy in Peru and Bolsa de Valores de Lima (BVL), the Lima Stock Exchange, have launched plans for what would be the first green bond market in South America, following a similar initiative in Mexico.

Mexican state-owned giant Pemex will buy back $1.8bn of old bonds in the second leg of a liability management exercise funded by its recent bond issue.