LatAm Bonds
-
A sharp sell-off in the US Treasury market last Friday, the result of a smaller than expected fall in non-farm payrolls, created issuance opportunities at all points of the dollar curve this week as short and long term yields rose to cost-
-
A further spark of hope for the revival of structured notes emerged this week as several banks traded non-government guaranteed callable zero coupon bonds. This structure has been popular with Taiwanese investors since the start of the year but the majority of issuers have been SSAs.