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Emerging MarketsEM LatAm

Panama pays up to lure investors to local curve

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

Panama sold $2bn of bonds across two tranches on Wednesday, including a $1.25bn 10 year local bond that was priced over 85bp wide of its global curve. Most observers thought it was an attractive pick-up for investors.

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