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Issuers struggle over what concessions investors will require
Issuance in March was never going to be hefty after a record start to the year
Government borrowing costs are rising on local and international markets, and credit ratings are falling
Sovereign also added $300m to a long-dated dollar note
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LatAm agency brings second digital bond this year in the currency -
Investors hope a new government can sort out country's fiscal mess
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Mexico paid a similar new issue premium for its $9bn deal last week
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◆ What has driven this week's record issuance and what might threaten sentiment ◆ Why the Maduro affair is a wake-up call for the EU ◆ Resolving Venezuela's debtberg
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New issue premiums were slim for the LatAm sovereign duo
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It will take years and huge amounts of money to get Venezuela in a state to restructure its debt
