Scotiabank top stories

• US Corps defy sell-off despite recession fears

  

  The US corporate bond market continued to crank out investment grade deals despite fears of a global recession battering risk assets this week.

  • 15 Aug 2019

• El Salvador hits road as sovereign eyes long bond

  Central American sovereign El Salvador will begin meeting bond investors on Wednesday as it looks to issue its first international bond under president Nayib Bukele.

  • 23 Jul 2019

• Land NRW USD1.5bn 1.875% Jul 22

  • 18 Jul 2019

• Dollars provide big SSA firsts but trouble stirs

  L-Bank issued its biggest single bond in dollars this week while the Inter-American Development Bank (IADB) printed its first ever dual tranche trade in the currency. But some market participants warned that the good times at the short end of the dollar curve might be coming to an end.

  • 18 Jul 2019

• SSA dollar investors offer trio mixed bag

  SSA names found the going varied in dollars on Tuesday, with the Inter-American Development Bank only just covering the minimum size of its tightly priced short end trade while Land NRW and L-Bank saw chunkier demand.

  • 16 Jul 2019

• SSA names hit dollars in force

  A trio of issuers burst into the sovereign, supranational and agency dollar market on Monday, as syndicate officials say they have been pleasantly surprised by how quickly the sector bounced back after a tricky period.

  • 15 Jul 2019

• EPM could return to dollars after launching peso bond tender

  Colombian utility Empresas Públicas de Medellín (EPM) will begin fixed-income investor meetings on Thursday and could issue dollar bonds for the first time in 10 years as part of a $1bn-equivalent deal to refinance debt.

  • 03 Jul 2019

• Scarcity sees Peru clinch record yield but low tender take-up

  Peru’s return to dollar bond markets after four years on Thursday saw it clinch its lowest ever yield and price flat to or even inside its better rated neighbour Chile. Yet so sought after is Peru’s hard currency paper that the government is having a tough time persuading bondholders to let go.

  • 17 Jun 2019

• Ontario buoyed by KBN record print

  There was high demand for dollar SSA paper as Kommunalbanken (KBN) printed at its tightest ever spread against the US Treasuries on Wednesday. Meanwhile the Province of Ontario has mandated for its own benchmark transaction.

  • 12 Jun 2019

• Peru hits road for dual currency trade

  Peru will meet fixed income investors in the US on Tuesday and Wednesday as the new second best rated sovereign in Latin America prepares a dual currency bond offering that would include its first visit to dollar markets since 2015.

  • 11 Jun 2019