Paraguay pounces to feed hungry Lat Am
A slowdown in Latin American bond issuance and renewed enthusiasm for EM debt in the wake of last week’s Federal Open Market Committee (FOMC) meetings opened the door for Paraguay to sell a $500m 10 year deal.
Despite concern in some quarters about the low yields on offer for countries that have unstable histories, if strong recent economic performance, the deal performed strongly in secondary markets.Having reoffered its new 4.7% 2027s at par, Paraguay saw the bonds trade up as much as 1.5 points on ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org