Panama pounces on US Treasury rally

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Panama pounces on US Treasury rally

Panama
The flag bearer of Panama delegation parades into the stadium during the opening ceremony of Nanjing 2014 Youth Olympic Games in Nanjing, capital of east China's Jiangsu Province, Aug. 16, 2014. (Xinhua/Yue Yuewei) (ljr) XINHUA /LANDOV | YUE YUEWEI/LANDOV/Press Association Images

Panama sold $1.25bn of 10 year notes on Wednesday at a tighter new issue premium than other recent sovereign issues from Latin America had managed as LatAm markets enjoyed a better day after a torrid start to the week.

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