Mexican consumer prices rose 0.45% in March as higher international oil prices pushed up prices for gasoline, natural gas and jet fuel. The Central Bank also said prices for agricultural goods are rising. However, the core inflation rate, which excludes volatile energy and food prices, fell to 0.31% last month from 0.42% in February.
Category: Regions
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Local Market Appeal
Although more Panamanian companies are eyeing local capital markets for financing, foreign issuers still dominate the landscape.
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On an Upward Track
Panama City gained prominence as Latin America’s premier offshore banking center, but it’s not the only game in town anymore.
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Rating Game
Although Panama is tantalizingly close to attaining investment-grade status, an upgrade may elude the country for some time yet.
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The Sol Also Rises
In a year that saw several successful Latin American euro-denominated sovereign bonds, Peru’s ?650 million 10-year note stands out as a winner. It helped that investors attending the annual meetings […]
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Economic Exiles
A fifth of Mexico’s population now lives abroad. For some smaller Latin American countries, the percentage is even higher. This exodus has grown steadily for years, and the expansion of […]
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Tomorrow’s Canal
For 91 years, the Panama Canal has virtually defined the country. Now a debate is underway over a $10 billion plan to widen the waterway so it can take bigger ships.
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Pemex Places a Perpetual
Pemex made history last September with a bond that was as unusual as it was successful. Mexico’s state-owned oil company, among Latin America’s most frequent and most sophisticated issuers, raised […]
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Travel Tips
Taxi! Taxis are plentiful and inexpensive in Panama City. Transfers between Tocumen International Airport and Panama City, a distance of 16 miles, run about $25 for up to two passengers. […]
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Colombia Securitizes Mortgages
Securitization – repackaging mortgages into tradable securities – became popular in Colombia long before it started to catch on in other Latin American countries. Now Colombia has taken another important step forward […]