IMF/WB to hold annual meetings virtually in October
Author Archives: Daniel Bases
Posted inDaily Brief
Ecuador’s creditors say sovereign needs to improve restructuring offer
Bondholders commends Ecuador’s “constructive” path, but terms need improvement
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IMF/WB Annual Meeting to be held “primarily” in virtual format
Ongoing health concerns put Oct. 12-18 meeting online, mirroring Spring meeting format
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FACTBOX 7/10/20: Latin America moves to mitigate impact of COVID-19
UPDATE: Honduras gets $76.2 million loan from IDB to boost social spending for fight against COVID-19
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US-based LatAm equity funds see small outflow, but rise in assets
Lipper data shows US-based funds’ AUM up 3.2% in the week ended July 8
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FACTBOX 7/9/20: Latin America moves to mitigate impact of COVID-19
UPDATE: El Salvador issues $1 billion in debt to bolster COVID-19 response
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Argentine creditor groups reject latest sovereign restructuring offer
Two creditor groups say latest proposal falls short, but basis for further talks; some creditors have accepted the deal.
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Bondholders reject new offer from Argentina’s Mendoza province
Latest offer had sweeteners but creditors say does not reflect payment capacity
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Brazil consumers stabilizing from COVID-19 hit – Moody’s
Record low interest rates unlikely to help consumers
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FACTBOX 7/8/20: Latin America moves to mitigate impact of COVID-19
UPDATE: Panama’s ministry of finance announces $2.5 billion “Opportunity Bank” program for SME’s, opens August 3rd