LatAm Bonds
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Canada Mortgage and Housing Corp (CMHC) has demonstrated that even in the most volatile markets, it is not only possible to issue a record C$11bn ($10.8bn) of global debt, but it can be done successfully and without a new issue premium.
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Brazil’s currency and local bonds took a hit this week following the government’s imposition of a new tax on foreigners buying local debt, rattling fragile market sentiment in Latin America’s largest market.