Oil revenues have made Trinidad & Tobago a rich little country and exporter of capital. The government’s challenge is to channel some of that money into the local economy.
Category: Regions
Turning on the Credit Supply
Interest rates and inflation are falling. That should have a positive impact on bank lending and the capital markets.
Creating a Consistent Image
Peru has endured erratic economic policies and political corruption at the highest levels. President Alejandro Toledo now must convince investors that the country will pursue a disciplined recovery.
Milpo’s Mettle Rattles Peru
A small mining company’s hostile takeover of a neighbor mine is a test for the Peruvian capital markets.
Sovereign Report
Colombia Swaps, Issues, and Reopens Colombia carried out an impressive domestic debt exchange in June reducing its financing needs for next year. The government exchanged $2.45 billion in debt for […]
Too Little, Too Late?
In July, Colombia’s three feeble stock exchanges merge into a unified bourse. The question is, will the change restore equity investment in the country, even if sovereign risk improves?
Business & Banking
ING Moves into Mexico’s Insurance MarketING Group, the Netherlands-based financial services company, agreed to buy a 45.2% stake in Seguros Comercial América from Savia, the troubled Mexican conglomerate. The $791 […]
Bolivian Issue Makes its Mark
The largest and longest-dated bond issued in the Bolivian market could open the door for more private sector projects looking to find financing in the local markets.
Pemex Repositions its Risk
A recent bond issue by the Mexican national oil company proves that it is parting ways with other emerging debt markets issuers, a trend that investors support.
