LatAm Bonds

Agencia Nacional de Vivienda, Uruguay’s national housing agency, has completed drafting a legal framework for covered bonds. The initiative forms part of a wider reform of the country’s housing finance system.

The European Investment Bank and KfW held firm in the face of vociferous demands from some bankers for higher fee levels on their benchmark bonds as a heated debate developed this week between bookrunners and borrowers in the sovereign, supranational and agency (SSA) sector