Lat Am rising star edges closer to IG

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Lat Am rising star edges closer to IG

Paraguay, Abdo Benitez, LatAm, Regional
(180423) -- ASUNCION, April 23, 2018 (Xinhua) -- Mario Abdo Benitez (L), presidential candidate of Paraguay's ruling Colorado Party, poses for photos after casting vote in Asuncion, capital of Paraguay, April 22, 2018. Mario Abdo Benitez won the presidential election on Sunday, data released by the country's election tribunal showed. (Xinhua/Str) (ah) | STR/Xinhua News Agency/PA Images

Paraguay wasp once again the rare consistent provider of good news for Latin America bond markets this week when it earned a credit rating upgrade from Fitch that puts it just one notch off investment grade status with three of the major rating agencies.

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