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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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Argentine energy name increases coupon on exchanged bonds -
There are technical reasons for such wide spreads, in particular very low liquidity
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First pure corporate deal from LatAm since May 10 but list of potential issuers ‘very short’
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Mexican firm to repurchase over 90% of only outstanding international bond
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Technical pressure leaves funds unwilling to take advantage of bargains
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Technicals continue to outweigh fundamentals, but there's a lot more at stake now
