LatAm Bonds
-
Eurobonds from Chile and Mexico this week — including a pair of long absent credits — have signalled a new rush of emerging markets supply from Latin America and CEEMEA.
-
-
Fade, the Spanish electricity deficit amortisation fund, this week issued its fourth benchmark, proving that investor appetite for Spanish risk remains intact despite renewed pressure on the peripheral market following talk of a Greek restructuring and downgrade.
-
Record low yields and tight swap spreads have not hit demand for supranational and agency issuance in the dollar market, as the readily absorbed $10.5bn of supply launched this week amply proved. It was the biggest volume since the third week of January.
-
The Institute of International Finance said on Monday night that creditor bail-ins were a "win-win” solution for bank recovery. But the body stopped short of giving approval in all circumstances, saying that it was cautious about bail-ins being imposed on senior creditors.
-
Marfrig Europe issued $750m of seven year bonds in the 144A private placement market on Wednesday after attracting as much as $4bn of orders in an otherwise quiet week for Latin American debt.
-
-