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Emerging MarketsEM LatAm

Panama offers higher local law pick-up in bumper bond sale

Panama City, Banistmo, Panama, skyscrape, cityscape, ocean, LatAm, 575

The Republic of Panama returned to bond markets for the first time in six months on Tuesday to raise $2.575bn of funding across three tranches — including a tap of its Euroclearable local law 2026s that offered a higher pick-up to the global curve than when the instrument was debuted in April 2019.

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