Americas

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.

This week saw the entry of Kuwait into the capital markets. The sovereign’s long awaited debut received orders of $29bn at peak, proving that demand for the region is as strong as ever. Now Argentina is looking to print a rare Swiss franc deal.

Santa Fe wants to raise a further $250m of senior unsecured bonds, according to investors, in what would be the fifth sale by an Argentine province this year.

Argentine airport operator Aeropuertos Argentina 2000 has bought back all of its remaining 10.75% bonds due 2020, according to a regulatory filing.

Latin America bond investors said that hopes of Bolivia’s new bonds receiving strong support from local buyers allowed the sovereign to print a new deal well inside better rated credits on Monday.

CloudMargin, the web-based margin and collateral management platform, has reached an agreement with Nasdaq Clearing, the clearing subsidiary of Nasdaq.

First Quantum Minerals, a Canadian mining company with African operations in Zambia among other EM countries, has announced investor meetings for a combined tender offer and new issue this week.