Venezuela Hits Bond Market Venezuela sold $1.6 billion of 20-year dollar-denominated bonds to domestic investors in early April. The bonds were sold at par with an interest rate of 7.65%. […]
Category: Bonds
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Microfinance Break
Microfinance firms could grow more rapidly if only they could access financial markets. Mexico’s Financiera Compartamos has engineered a bond deal that represents a significant advance in breaking down some […]
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New Sheriff in Town
Marcelo Trindade, the new president of the Comissão de Valores Mobiliários, promises to put some bite into Brazil’s toothless securities regulator.
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Local Market’s Moment
Latin American markets seem to be treading water, unsure what to do next after last year’s great performance. Bond issuance was its best since 1997, stock markets surged and several […]
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Latest Financial Transactions From The Region
Brazil Gets $1.5 billion as C-Bond Breaks Par Brazil sold $1.5 billion in 30-year bonds, priced to yield 8.75%. Deutsche Bank and Citigroup managed the sale. This was the sovereign’s […]
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CAF Blazes a New Trail
The Andean Development Corporation (CAF) has blazed a trail across the international capital markets in the decade since it issued its first bond in the US market. It set another […]
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Uniting a Troubled Region
The Andean Development Corporation (CAF) is one of the most effective development agencies serving Latin America. Last year, it disbursed $3.3 billion in loans to clients in the continent’s most […]
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Bladex: Back to Basics
An ill-starred diversification plan at Bladex put it in the cross hairs of Argentina’s collapse. But today the trade finance bank is recapitalized and focusing on traditional lending.