Uruguay eyes clearing house deal for pesos

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Uruguay eyes clearing house deal for pesos

Tabare Vazquez, Uruguay
Uruguayan President-elect Tabare Vazquez gestures during a press conference where he announces his cabinet picks for his next term in Montevideo, Uruguay, Tuesday, Dec. 2, 2014. (AP Photo/Matilde Campodonico) | Matilde Campodonico/AP/Press Association Images

Uruguay is in advanced discussions with clearing houses to make it easier for international investors to participate in its local curve, as the sovereign looks to integrate its domestically issued notes with the nominal global peso curve established this year.

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