Sovereign issuer’s return is a good sign, but liquidity is still low and investors are still cautious, source says
Category: Latin America
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FACTBOX 4/17/20: Latin America moves to mitigate impact of COVID-19
UPDATE: Duque levies a “solidarity tax” on public employees in Colombia
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Argentina proposes 62% cut in interest payments
Government’s offer to restructure foreign-law bonds also calls for a three-year grace period
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Colombia obliges banks to buy ‘solidarity bonds’
Government plans to issue new one-year notes within 90 days
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Developed economies foot bill for IMF emergency funds
IMF members agree to redeploy SDRs for poorer countries, rather than allocate new ones
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Light, Algar issue one-year notes
Rio-based power company raises $76 mln in short-term debt as the Minas Gerais telecom gets $29 mln
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Banco Daycoval cancels plans for share offering
Brazilian bank says conditions unfavorable for its IPO
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Fitch lowers Mexico’s credit rating to BBB- on recession outlook
Mexico is a step away from junk; already fragile business climate seen hampering recovery from pandemic
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IMF adds liquidity line for countries with strong fundamentals
G20 approves debt service relief for poorest nations, including Haiti, Guyana and Nicaragua
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Brazil treasury secretary sees ‘aggressive’ return to markets in second half
Government plans to speed up privatizations and concessions after the crisis, Mansueto Almeida says