President Mauricio Macri addresses the nation about a flexible funding line that could swell to as much as $30bn
Category: Economy & Policy
Posted inDaily Brief
Argentine CB intervenes with another rate hike
Central bank returns less than 24 hours later with a 675bp increase in monetary policy to shore up the depreciating peso
Posted inDaily Brief
Argentine issuers retreat amid currency scare
Telecom Argentina, Petroquimica postpone new bond issuances on Thursday after central bank hikes interest rates for the second time in a week
Posted inDaily Brief
Brazil tells State Grid to revise CPFL offer
Securities regulator CVM backs the energy company’s minority shareholders, demanding that the Chinese firm pay a higher stock price
Posted inWeb Articles
Investors bank on Brazilian recovery
Short-term uncertainties linked to October election and the external environment have not dampened enthusiasm for the country’s capital markets
Posted inDaily Brief
Colombia lowers rates
Central bank delivers 25bp cut, marking probable end to this current easing cycle
Posted inDaily Brief
Colombia increases reliance on local debt
Oil-exporting sovereign shuts down talk of international issuance amid election year
Posted inWeb Articles
Colombia looks to revise debt composition amid transitional year
Finance Minister Mauricio Cárdenas says the sovereign wants more local currency debt and will leave 2019 pre-financing to the country’s next administration
Posted inDaily Brief
IMF-World Bank Meetings: Bolivia sounds out market for possible 30-year bond
South American sovereign issuer eyes longer-term debt, but remains focused on market conditions and global interest rates
Posted inDaily Brief
Petrobras moves to sell refineries
Brazil’s state-owned energy company could offload 60% stakes in four assets but keep control of another nine facilities