Panama pays up to lure investors to local curve
![Panama City, Banistmo, Panama, skyscrape, cityscape, ocean, LatAm, 575](https://assets.euromoneydigital.com/dims4/default/db6b8f2/2147483647/strip/true/crop/575x385+0+0/resize/840x562!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Ff0%2Fee%2F5009121e144f4ec0843db732319b%2Fadobe-panama-city-575x375.jpeg)
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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