Americas

Expectations that a bond that already looked expensive will be become even more so helped Bolivia’s new 10 year trade well on the break after coming close to comps on Monday.

The Argentine province of Santa Fe offered an attractive pick-up to comparable credits, said bond market participants, after it priced its second ever international bond issue on Thursday.

US President Donald Trump’s administration this week showed it was ready to release its hounds on the post-crisis global regulatory ecosystem, as its nominee to run the Commodity Futures Trading Commission (CFTC) bared his teeth at “excessive regulation”, showing that all the talk of tearing up the rules may soon turn towards action. Costas Mourselas reports.

Snow storms shut the US market on Tuesday but the Federal Reserve blew it wide open again 24 hours later as credit markets applauded what some termed applauded Janet Yellen’s "dovish hike".

Argentina is returning to the Swiss franc bond market after nearly 20 years, roadshowing a benchmark bond next week. Success or failure will indicate whether Swiss investors have forgiven Argentina for burning their fingers last time they met, writes Silas Brown.

Central American sovereign Belize said on Wednesday that it had received the necessary approval from bondholders to restructure dollar bonds that comprise more nearly 40% of its total debt stock.

Latin America’s largest economy looks to have halted its three year slide down the ratings scale after Moody’s removed the negative outlook on Brazil’s Ba2 credit rating.

The PBoC may be managing to keep the RMB stable this year but the trade policies of new US president Donald Trump and China’s growing corporate debt will continue to pose a challenge, according to think tank OMFIF.

The CME Group will serve as the new administrator for SIFMA Asset Management Group's market agreed coupon swap contract, a previously self-administered structure.

Acting chairman of the CFTC, J Christopher Giancarlo, whom the White House has said will be nominated to takeover the post full time, promised to “run a tighter ship” during a speech on Wednesday in Boca Raton, Florida.

A new service that will allow US assets to be used as collateral in European OTC derivatives transactions has been launched by Global Collateral, a joint venture of the Depository Trust and Clearing Corporation (DTCC) and Euroclear.

Argentina is returning to the Swiss franc bond market after nearly two decades of absence, roadshowing a benchmark bond next week. Success or failure will indicate whether Swiss investors have forgiven Argentina for burning their fingers last time they met.