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Emerging MarketsEM LatAm

Oil collapse puts Lat Am bankers on edge

Peru, Paracas, oil, barrel, sea, beach, alone, abandoned, LatAm, 575

Latin American bond markets, barely back on their feet after the initial onslaught of the coronavirus pandemic, had to contend on Monday with an unprecedented collapse in oil prices too. The sight of WTI trading below zero made some market participants nervous and suggested issuers with funding needs should brace for unexpected bouts of volatility.

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