Codelco bucks LatAm slowdown with 10 year benchmark

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Codelco bucks LatAm slowdown with 10 year benchmark

Codelco, the Chilean state-owned copper producer, was poised to price a 10 year benchmark on Thursday evening, while a pair of Brazilian borrowers are preparing perpetual deals. But Latin American cross-border debt markets took a breather this week with thin trading volumes as markets braced themselves for next week’s US Federal Reserve meeting.

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