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Demand let A rated sovereign cut spread by 35bp
Investors hope a government more open to fiscal tightening will come to power in 2026
Bank intends to issue more hybrid capital but ‘more MDBs need to print’ for new asset class to grow further
The country has not printed a Eurobond for nearly five years
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Novel issuance probably delayed by Ukraine-related volatility
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Bankers encouraged by post-Fed reaction but say primary reopening likely to be next week
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Rating agency says Russia-Ukraine conflict ups pressure on LatAm even if investors see region as safe haven
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EM issuers are ready to return to the market if Fed pauses but also need positive Ukraine news
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Some LatAm issuers monitoring markets but conditions perilous
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Danery Alvarado will leave development bank on April 15