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Emerging MarketsEM LatAm

Uruguay pays slim concession on dual-tranche

Uruguay, Montevideo, Plaza de la Independencia, LatAm, 575

Uruguay’s management of the Covid-19 pandemic — so far, superior to the majority of crisis-hit Latin America — helped it issue $2bn-equivalent of bonds on Wednesday with a very slim new issue premium on its inflation-linked peso notes and a negative concession on a dollar tap.

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