Guatemala demonstrates supportive technicals on tough Lat Am day

Guatemala, volcano, LatAm, Energuate
By Oliver West
23 May 2019

Guatemala battled difficult market conditions on Thursday to issue its first 30 year bond since 2004 as part of a dual-tranche issue as investors continue to seek long-dated paper.

Following 30 year trades from investment grade corporates Televisa and Suzano on Tuesday, Guatemala gave sovereign buyers a chance for new paper just as US Treasury yields compressed to their tightest levels since 2017 amid fears over global growth and trade.

EM bond markets did not react ...

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