Category: Brazil

Led by Central Bank President Armínio Fraga, Brazil has laid the foundation for a broader, more liquid domestic capital market, just as access to world debt markets has become uncertain.

Global markets are closing their doors to Latin American borrowers, just as the region is recovering from the effects of last year’s Brazilian currency devaluation crisis. In a 14-page report, LatinFinance looks at how sovereign and corporate borrowers in Mexico, Brazil, Colombia adn Argentina are reacting. Some issuers are resorting to their domestic markets. Others plan to ride out the storm.